Government Spending in Australia increased to 93553 AUD Million in the third quarter of 2019 from 92736 AUD Million in the second quarter of 2019. Government Spending in Australia averaged 40551.68 AUD Million from 1959 until 2019, reaching an all time high of 93553 AUD Million in the third quarter of 2019 and a record low of 9505 AUD Million in the second quarter of 1960. source: Australian Bureau of Statistics
Government Spending in Australia is expected to be 91345.00 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 95611.00 in 12 months time. In the long-term, the Australia Government Spending is projected to trend around 100451.00 AUD Million in 2020, according to our econometric models.