Fiscal Expenditure in Australia decreased to 53093 AUD Million in August from 61244 AUD Million in June of 2021. source: Department of Finance and Administration, Australia

Fiscal Expenditure in Australia averaged 16425.16 AUD Million from 1973 until 2021, reaching an all time high of 79545 AUD Million in May of 2020 and a record low of 790 AUD Million in September of 1973. This page provides - Australia Fiscal Expenditure- actual values, historical data, forecast, chart, statistics, economic calendar and news. Australia Fiscal Expenditure - values, historical data and charts - was last updated on October of 2021.

Fiscal Expenditure in Australia is expected to be 44000.00 AUD Million by the end of this quarter, according to Trading Economics global macro models and analysts expectations. In the long-term, the Australia Fiscal Expenditure is projected to trend around 47000.00 AUD Million in 2022, according to our econometric models.

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Australia Fiscal Expenditure

Australia Last Unit Reference Previous Highest Lowest
Government Revenues 45400.00 AUD Million Aug/21 49353.00 55260.00 510.00
Fiscal Expenditure 53093.00 AUD Million Aug/21 61244.00 79545.00 790.00

Australia Fiscal Expenditure
Fiscal expenditure refers to the sum of government expenses, including spending on goods and services, investment and transfer payments like social security and unemployment benefits. Fiscal expenditure are part of government budget balance calculation.