Australia recorded a government budget deficit of 8420 AUD Million in April of 2020.
Government Budget Value in Australia averaged -618.13 AUD Million from 1973 until 2020, reaching an all time high of 14307 AUD Million in April of 2007 and a record low of -23705 AUD Million in June of 2012. This page provides - Australia Government Budget Value - actual values, historical data, forecast, chart, statistics, economic calendar and news. Australia Government Budget Value - values, historical data and charts - was last updated on June of 2020. source: Reserve Bank of Australia
Government Budget Value in Australia is expected to be -700.00 AUD Million by the end of this quarter, according to Trading Economics global macro models and analysts expectations. Looking forward, we estimate Government Budget Value in Australia to stand at -500.00 in 12 months time. In the long-term, the Australia Government Budget Value is projected to trend around -295.30 AUD Million in 2021 and -228.57 AUD Million in 2022, according to our econometric models.