Government Spending in Australia decreased to 104151 AUD Million in the first quarter of 2021 from 104697 AUD Million in the fourth quarter of 2020. source: Australian Bureau of Statistics
Government Spending in Australia averaged 42967.74 AUD Million from 1959 until 2021, reaching an all time high of 104697 AUD Million in the fourth quarter of 2020 and a record low of 9725 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 July of 2021.
Government Spending in Australia is expected to be 111613.00 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 108109.00 in 12 months time. In the long-term, the Australia Government Spending is projected to trend around 112798.00 AUD Million in 2022 and 116182.00 AUD Million in 2023, according to our econometric models.