Government Spending in Australia increased to 89290 AUD Million in the fourth quarter of 2018 from 87694 AUD Million in the third quarter of 2018. Government Spending in Australia averaged 39306.11 AUD Million from 1959 until 2018, reaching an all time high of 89290 AUD Million in the fourth quarter of 2018 and a record low of 9362 AUD Million in the second quarter of 1960.

Government Spending in Australia is expected to be 88170.00 AUD Million by the end of this quarter, according to Trading Economics global macro models and analysts expectations. Looking forward, we estimate Government Spending in Australia to stand at 89233.00 in 12 months time. In the long-term, the Australia Government Spending is projected to trend around 93568.00 AUD Million in 2020, according to our econometric models.

Australia Government Spending
Forecast Data Chart
Trading Economics members can view, download and compare data from nearly 200 countries, including more than 20 million economic indicators, exchange rates, government bond yields, stock indexes and commodity prices.

The Trading Economics Application Programming Interface (API) provides direct access to our data. It allows API clients to download millions of rows of historical data, to query our real-time economic calendar, subscribe to updates and receive quotes for currencies, commodities, stocks and bonds.

Australia Government Last Previous Highest Lowest Unit
Government Debt to GDP 40.70 40.70 40.70 9.70 percent [+]
Government Budget -0.60 -1.90 2.20 -4.20 percent of GDP [+]
Government Budget Value -1569.00 10724.00 14307.00 -23705.00 AUD Million [+]
Government Spending 89290.00 87694.00 89290.00 9362.00 AUD Million [+]
Government Revenues 37332.00 47646.00 49256.00 510.00 AUD Million [+]
Fiscal Expenditure 38902.00 36922.00 45954.00 790.00 AUD Million [+]
Military Expenditure 26836.00 27691.00 27741.00 2974.00 USD Million [+]
Credit Rating 97.44 [+]
Asylum Applications 1724.00 1731.00 5937.00 222.00 Persons [+]

Australia Government Spending

Government Spending refers to public expenditure on goods and services and is a major component of the GDP. Government spending policies like setting up budget targets, adjusting taxation, increasing public expenditure and public works are very effective tools in influencing economic growth. This page provides - Australia Government Spending - actual values, historical data, forecast, chart, statistics, economic calendar and news. Australia Government Spending - actual data, historical chart and calendar of releases - was last updated on May of 2019.

Actual Previous Highest Lowest Dates Unit Frequency
89290.00 87694.00 89290.00 9362.00 1959 - 2018 AUD Million Quarterly
Constant Prices 2015-2016, SA

Country Last Previous
Argentina 100173.00 Dec/18
Australia 89290.00 Dec/18
Brazil 115516.82 Mar/19
Canada 417805.00 Dec/18
China 220906.00 Dec/18
Euro Area 545.63 Dec/18
France 136745.00 Mar/19
Germany 143.97 Dec/18
India 3410.32 Dec/18
Indonesia 153652.73 Mar/19
Italy 78024.10 Dec/18
Japan 107892.20 Dec/18
Mexico 2193603.00 Dec/18
Netherlands 45186.00 Mar/19
Russia 4067.40 Dec/18
Saudi Arabia 195776.00 Dec/18
Singapore 10699.80 Dec/18
South Africa 643445.00 Dec/18
South Korea 62531.40 Mar/19
Spain 56820.00 Mar/19
Switzerland 19877.18 Dec/18
Turkey 69495065.30 Dec/18
United Kingdom 94208.00 Mar/19
United States 3207.68 Mar/19