Australia recorded a government budget surplus of 999 AUD Million in October of 2018. Government Budget Value in Australia averaged -618.76 AUD Million from 1973 until 2018, 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.

Government Budget Value in Australia is expected to be -3163.00 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 -4884.00 in 12 months time. In the long-term, the Australia Government Budget Value is projected to trend around -2379.00 AUD Million in 2020, according to our econometric models.

Australia Government Budget Value
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Australia Government Last Previous Highest Lowest Unit
Government Debt to GDP 41.90 41.00 41.90 9.70 percent [+]
Government Budget -1.90 -2.40 2.20 -4.20 percent of GDP [+]
Government Budget Value 999.00 -5446.00 14307.00 -23705.00 AUD Million [+]
Government Spending 87057.00 86634.00 87057.00 9362.00 AUD Million [+]
Government Revenues 42912.00 31157.00 49256.00 510.00 AUD Million [+]
Fiscal Expenditure 41913.00 36603.00 45954.00 790.00 AUD Million [+]
Military Expenditure 26102.32 26382.95 26382.95 2827.82 USD Million [+]
Credit Rating 97.44 [+]
Asylum Applications 2042.00 2450.00 5937.00 222.00 Persons [+]
Government Spending To GDP 36.20 36.00 36.20 32.90 percent [+]


Australia Government Budget Value

The government budget balance is the difference between government revenues and expenses. The budget is balanced when outlays equal to receipts, the country reports budget surplus when revenues are higher than expenses and deficit when expenses exceed the revenues. This page provides - Australia Government Budget Value - actual values, historical data, forecast, chart, statistics, economic calendar and news. Australia Government Budget Value - actual data, historical chart and calendar of releases - was last updated on December of 2018.

Actual Previous Highest Lowest Dates Unit Frequency
999.00 -5446.00 14307.00 -23705.00 1973 - 2018 AUD Million Monthly
Current Prices, NSA




Country Last Previous
Argentina -16585.90 Oct/18
Australia 999.00 Oct/18
Brazil -6107.00 Oct/18
Canada -1356.00 Sep/18
China -357.10 Sep/18
France -86.98 Oct/18
Germany 36.06 Jun/18
India -6485.83 Oct/18
Indonesia -347356.70 Dec/17
Italy -33.82 Sep/18
Japan -113831.00 Jun/18
Mexico 35850.40 Oct/18
Netherlands -8.90 Sep/18
Russia 3022.14 Oct/18
Saudi Arabia -238494.00 Dec/17
Singapore 1826.60 Sep/18
South Africa -37930.00 Oct/18
South Korea 14031.00 Sep/18
Spain -8384.00 Oct/18
Switzerland 1373.00 Dec/18
Turkey -8515327.00 Oct/18
United Kingdom -3357.00 Oct/18
United States -100000.00 Oct/18


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