Africa's Development Dynamics (AfDD) Table 16 - Public finances in Australia
Australia: Africa's Development Dynamics (AfDD) Table 16 - Public finances 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 Dynamics (AfDD) Table 16 - Public finances 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% |
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)
- Services, value added (current US$), annual growth rate 4.46 % change on previous year (2025)
- Services, value added (current US$), per unit of GDP 0.6749 current US$ per US$ of GDP (2025)
- Services, value added (current US$), per capita 43,958 current US$ per person (2025)
- Services, value added (current LCU), annual growth rate 5.81 % change on previous year (2025)
- Services, value added (current LCU), per unit of GDP 1.04 current LCU per US$ of GDP (2025)
- Services, value added (current LCU), per capita 67,920 current LCU per person (2025)
- Services, value added (constant 2015 US$), annual growth rate 1.72 % change on previous year (2025)
- Services, value added (constant 2015 US$), per unit of GDP 0.663 constant 2015 US$ 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.