Australia recorded a Government Budget deficit equal to 1.40 percent of the country's Gross Domestic Product in 2021/22 fiscal year. source: Australian Government
Government Budget in Australia averaged -1.02 percent of GDP from 1971 until 2022, reaching an all time high of 2.20 percent of GDP in 1971 and a record low of -6.60 percent of GDP in 2021. This page provides - Australia Government Budget - actual values, historical data, forecast, chart, statistics, economic calendar and news. Australia Government Budget - values, historical data and charts - was last updated on June of 2023.