Government Spending in Australia increased to 99676 AUD Million in the second quarter of 2020 from 96125 AUD Million in the first quarter of 2020. source: Australian Bureau of Statistics
Government Spending in Australia averaged 41243.25 AUD Million from 1959 until 2020, reaching an all time high of 99676 AUD Million in the second quarter of 2020 and a record low of 9505 AUD Million in the second quarter of 1960. This page provides - Australia Government Spending - actual values, historical data, forecast, chart, statistics, economic calendar and news. Australia Government Spending - values, historical data and charts - was last updated on October of 2020.
Government Spending in Australia is expected to be 90821.00 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 104959.00 in 12 months time. In the long-term, the Australia Government Spending is projected to trend around 91812.00 AUD Million in 2021 and 94107.00 AUD Million in 2022, according to our econometric models.