Australia recorded a government budget surplus of 12029 AUD Million in December of 2022. source: Reserve Bank of Australia

Government Budget Value in Australia averaged -917.12 AUD Million from 1973 until 2022, reaching an all time high of 16234.00 AUD Million in May of 2022 and a record low of -36988.00 AUD Million in July of 2020. 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 January of 2023.

Government Budget Value in Australia is expected to be -1000.00 AUD Million by the end of this quarter, according to Trading Economics global macro models and analysts expectations. In the long-term, the Australia Government Budget Value is projected to trend around -1000.00 AUD Million in 2024 and -4200.00 AUD Million in 2025, according to our econometric models.

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Australia Government Budget Value

Related Last Previous Unit Reference
Government Budget Value 12029.00 11804.56 AUD Million Dec 2022

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.
Actual Previous Highest Lowest Dates Unit Frequency
12029.00 11804.56 16234.00 -36988.00 1973 - 2022 AUD Million Monthly
Current Prices, NSA