Africa's Development: Public finances General government … 16 in Australia
Australia: Africa's Development: Public finances General government … 16 was 34.29 Percentage of GDP in 2029. ▬ Flat
Africa's Development Dynamics (AfDD) Table 16 - Public finances in Australia, 2000–2029
Source: Organisation for Economic Co-operation and Development. Measured in Percentage of GDP.
Analysis
In 2029, africa's development dynamics (afdd) table 16 - public finances in Australia stood at 34.29 Percentage of GDP. That is the lowest value across all 30 years on record.
That represents a change of down 0.3% on the previous year and down 11.8% over ten years.
Over the whole period, africa's development dynamics (afdd) table 16 - public finances in Australia peaked at 44.37 Percentage of GDP in 2020 and was at its lowest, 34.29 Percentage of GDP, in 2029.
That places Australia 54th out of 166 countries with data for 2029, putting it in the middle of the range.
Africa's Development: Public finances General government … 16 in Australia, year by year
| Year | Percentage of GDP | Change |
|---|---|---|
| 2000 | 35.22 Percentage of GDP | — |
| 2001 | 35.63 Percentage of GDP | +1.2% |
| 2002 | 34.92 Percentage of GDP | -2.0% |
| 2003 | 34.9 Percentage of GDP | -0.1% |
| 2004 | 34.83 Percentage of GDP | -0.2% |
| 2005 | 34.58 Percentage of GDP | -0.7% |
| 2006 | 34.54 Percentage of GDP | -0.1% |
| 2007 | 34.31 Percentage of GDP | -0.7% |
| 2008 | 35.07 Percentage of GDP | +2.2% |
| 2009 | 37.75 Percentage of GDP | +7.6% |
| 2010 | 36.95 Percentage of GDP | -2.1% |
| 2011 | 36.31 Percentage of GDP | -1.7% |
| 2012 | 36.51 Percentage of GDP | +0.6% |
| 2013 | 36.36 Percentage of GDP | -0.4% |
| 2014 | 36.73 Percentage of GDP | +1.0% |
| 2015 | 37.24 Percentage of GDP | +1.4% |
| 2016 | 37.26 Percentage of GDP | +0.0% |
| 2017 | 36.74 Percentage of GDP | -1.4% |
| 2018 | 36.82 Percentage of GDP | +0.2% |
| 2019 | 38.86 Percentage of GDP | +5.5% |
| 2020 | 44.37 Percentage of GDP | +14.2% |
| 2021 | 41.81 Percentage of GDP | -5.8% |
| 2022 | 37.56 Percentage of GDP | -10.2% |
| 2023 | 37.13 Percentage of GDP | -1.1% |
| 2024 | 36.57 Percentage of GDP | -1.5% |
| 2025 | 35.27 Percentage of GDP | -3.6% |
| 2026 | 34.81 Percentage of GDP | -1.3% |
| 2027 | 34.59 Percentage of GDP | -0.6% |
| 2028 | 34.41 Percentage of GDP | -0.5% |
| 2029 | 34.29 Percentage of GDP | -0.3% |
Australia compared with similar countries
- Australia's 34.29 Percentage of GDP is below the median for high income countries, which is 37.73 Percentage of GDP, 91% of the median. (52 countries reporting)
- Australia's 34.29 Percentage of GDP is above the median for East Asia & Pacific, which is 34.29 Percentage of GDP, 1.0× the median. (23 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2000s | 35.17 Percentage of GDP | 34.31 Percentage of GDP | 37.75 Percentage of GDP | 10 |
| 2010s | 36.98 Percentage of GDP | 36.31 Percentage of GDP | 38.86 Percentage of GDP | 10 |
| 2020s | 37.08 Percentage of GDP | 34.29 Percentage of GDP | 44.37 Percentage of GDP | 10 |
Countries ranked near Australia
More economy & growth data for Australia
- Africa's Development Dynamics (AfDD) Table 04 - Annual real GDP 1.36 Percent per annum (2029)
- Africa's Development Dynamics (AfDD) Table 02 - Annual real GDP 2.26 Percent per annum (2029)
- SDRs holdings, US dollar, annual growth rate 15.83 % change on previous year (2025)
- SDRs holdings, US dollar, per unit of GDP 0.0083 units per US$ of GDP (2025)
- SDRs holdings, US dollar, per capita 537.43 units per person (2025)
- SDRs holdings, SDR, annual growth rate 10.3 % change on previous year (2025)
- SDRs holdings, SDR, per unit of GDP 0.006 units per US$ of GDP (2025)
- SDRs holdings, SDR, per capita 392.43 units per person (2025)
- IMF holdings of currency, US dollar, annual growth rate 2.82 % change on previous year (2025)
- IMF holdings of currency, US dollar, per unit of GDP 0.0037 units per US$ of GDP (2025)
Frequently asked questions
- What is africa's development dynamics (afdd) table 16 - public finances in Australia?
- Africa's development dynamics (afdd) table 16 - public finances in Australia was 34.29 Percentage of GDP in 2029, according to Organisation for Economic Co-operation and Development.
- What is the highest africa's development dynamics (afdd) table 16 - public finances recorded in Australia?
- The highest recorded value was 44.37 Percentage of GDP in 2020.
- What is the lowest africa's development dynamics (afdd) table 16 - public finances recorded in Australia?
- The lowest recorded value was 34.29 Percentage of GDP in 2029.
- How does Australia rank for africa's development dynamics (afdd) table 16 - public finances?
- Australia ranks 54th out of 166 countries with data for 2029.
- Is africa's development dynamics (afdd) table 16 - public finances rising or falling in Australia?
- Over the last ten years it is down 11.8%. The long-run trend across the full record is flat.
- Where does this Australia data come from?
- The figures come from Organisation for Economic Co-operation and Development, published as part of Africa's Development Dynamics (AfDD) Table 16 - Public finances — General government expenditure. Statizoid updates them automatically from the source API.
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About this data
The Statistical Annex to the annual Africa's Development Dynamics (AFDD) report is a collection of development indicators that were gathered and analysed while conducting the research that went into the report. These data are also available online for free viewing or download at https://oe.cd/AFDD-2024, a bilingual website which links to the electronic version of the Africa's Development Dynamics book in both English and French. Table 16 shows data on public finance, including taxes, revenues, expenditure, and debt. Some of these figures are not available at the national level, but only for aggregations of groups of countries.