Annual simplified: Taxes on production and imports in Australia
Australia: Annual simplified: Taxes on production and imports was 301,302 National currency in 2024. ◆ Volatile
Annual simplified non-financial accounts by institutional sector in Australia, 1959–2024
Source: Organisation for Economic Co-operation and Development. Measured in National currency.
Analysis
In 2024, annual simplified non-financial accounts by institutional sector in Australia stood at 301,302 National currency. That is the highest value across all 66 years on record.
That represents a change of up 3.1% on the previous year and up 64.9% over ten years.
Over the whole period, annual simplified non-financial accounts by institutional sector in Australia peaked at 301,302 National currency in 2024 and was at its lowest, 1,521 National currency, in 1959.
Australia ranks 21st of 33 countries on this measure, in the middle of the range.
The series is highly variable year to year, so single readings are best treated with caution.
Annual simplified: Taxes on production and imports in Australia, year by year
| Year | National currency | Change |
|---|---|---|
| 1959 | 1,521 National currency | — |
| 1960 | 1,623 National currency | +6.7% |
| 1961 | 1,579 National currency | -2.7% |
| 1962 | 1,715 National currency | +8.6% |
| 1963 | 1,844 National currency | +7.5% |
| 1964 | 2,048 National currency | +11.1% |
| 1965 | 2,246 National currency | +9.7% |
| 1966 | 2,405 National currency | +7.1% |
| 1967 | 2,634 National currency | +9.5% |
| 1968 | 2,916 National currency | +10.7% |
| 1969 | 3,223 National currency | +10.5% |
| 1970 | 3,509 National currency | +8.9% |
| 1971 | 4,016 National currency | +14.4% |
| 1972 | 4,472 National currency | +11.4% |
| 1973 | 5,569 National currency | +24.5% |
| 1974 | 6,919 National currency | +24.2% |
| 1975 | 8,780 National currency | +26.9% |
| 1976 | 10,014 National currency | +14.1% |
| 1977 | 10,739 National currency | +7.2% |
| 1978 | 12,573 National currency | +17.1% |
| 1979 | 14,778 National currency | +17.5% |
| 1980 | 17,104 National currency | +15.7% |
| 1981 | 19,497 National currency | +14.0% |
| 1982 | 22,429 National currency | +15.0% |
| 1983 | 25,754 National currency | +14.8% |
| 1984 | 29,475 National currency | +14.4% |
| 1985 | 32,458 National currency | +10.1% |
| 1986 | 35,234 National currency | +8.6% |
| 1987 | 40,146 National currency | +13.9% |
| 1988 | 44,116 National currency | +9.9% |
| 1989 | 47,318 National currency | +7.3% |
| 1990 | 48,621 National currency | +2.8% |
| 1991 | 48,262 National currency | -0.7% |
| 1992 | 50,028 National currency | +3.7% |
| 1993 | 55,110 National currency | +10.2% |
| 1994 | 59,202 National currency | +7.4% |
| 1995 | 63,409 National currency | +7.1% |
| 1996 | 66,843 National currency | +5.4% |
| 1997 | 69,919 National currency | +4.6% |
| 1998 | 74,231 National currency | +6.2% |
| 1999 | 78,273 National currency | +5.4% |
| 2000 | 89,673 National currency | +14.6% |
| 2001 | 93,965 National currency | +4.8% |
| 2002 | 102,914 National currency | +9.5% |
| 2003 | 110,583 National currency | +7.5% |
| 2004 | 114,258 National currency | +3.3% |
| 2005 | 120,933 National currency | +5.8% |
| 2006 | 129,624 National currency | +7.2% |
| 2007 | 138,738 National currency | +7.0% |
| 2008 | 136,753 National currency | -1.4% |
| 2009 | 145,159 National currency | +6.1% |
| 2010 | 152,722 National currency | +5.2% |
| 2011 | 157,213 National currency | +2.9% |
| 2012 | 170,956 National currency | +8.7% |
| 2013 | 182,677 National currency | +6.9% |
| 2014 | 182,734 National currency | +0.0% |
| 2015 | 194,062 National currency | +6.2% |
| 2016 | 200,936 National currency | +3.5% |
| 2017 | 211,531 National currency | +5.3% |
| 2018 | 217,896 National currency | +3.0% |
| 2019 | 217,123 National currency | -0.4% |
| 2020 | 235,123 National currency | +8.3% |
| 2021 | 254,722 National currency | +8.3% |
| 2022 | 274,544 National currency | +7.8% |
| 2023 | 292,302 National currency | +6.5% |
| 2024 | 301,302 National currency | +3.1% |
Australia compared with similar countries
- Australia's 301,302 National currency is below the median for high income countries, which is 331,212 National currency, 91% of the median. (28 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1950s | 1,521 National currency | 1,521 National currency | 1,521 National currency | 1 |
| 1960s | 2,223 National currency | 1,579 National currency | 3,223 National currency | 10 |
| 1970s | 8,137 National currency | 3,509 National currency | 14,778 National currency | 10 |
| 1980s | 31,353 National currency | 17,104 National currency | 47,318 National currency | 10 |
| 1990s | 61,390 National currency | 48,262 National currency | 78,273 National currency | 10 |
| 2000s | 118,260 National currency | 89,673 National currency | 145,159 National currency | 10 |
| 2010s | 188,785 National currency | 152,722 National currency | 217,896 National currency | 10 |
| 2020s | 271,599 National currency | 235,123 National currency | 301,302 National currency | 5 |
Countries ranked near Australia
More economy & growth data for Australia
- Real gdp growth, annual growth rate 96.31 % change on previous year (2025)
- 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)
Frequently asked questions
- What is annual simplified non-financial accounts by institutional sector in Australia?
- Annual simplified non-financial accounts by institutional sector in Australia was 301,302 National currency in 2024, according to Organisation for Economic Co-operation and Development.
- What is the highest annual simplified non-financial accounts by institutional sector recorded in Australia?
- The highest recorded value was 301,302 National currency in 2024.
- What is the lowest annual simplified non-financial accounts by institutional sector recorded in Australia?
- The lowest recorded value was 1,521 National currency in 1959.
- How does Australia rank for annual simplified non-financial accounts by institutional sector?
- Australia ranks 21st out of 33 countries with data for 2024.
- Is annual simplified non-financial accounts by institutional sector rising or falling in Australia?
- Over the last ten years it is up 64.9%. The long-run trend across the full record is volatile.
- Where does this Australia data come from?
- The figures come from Organisation for Economic Co-operation and Development, published as part of Annual simplified non-financial accounts by institutional sector (Revenue) — Taxes on production and imports. Statizoid updates them automatically from the source API.
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About this data
This table presents the Revenue (or Resources) lines, not including the balancing items, for a simplified sequence of non-financial accounts from the generation of income account to the capital account. This table is designed to be used in conjunction with the tables entitled ‘Annual simplified non-financial accounts by institutional sector (Expenditure) and ‘Annual simplified non-financial accounts by institutional sector (Balancing items)’. The data is presented for the economy of each country (or area) as a whole and also for Corporations (both non-financial and financial), General Government, and Households and non-profit institutions serving households (NPISHs). The presentation is on a country-by-country basis. Users are recommended to select one country (or area) at a time in the ‘Reference area’ filter. Alternatively, specific lines within the sequence can be selected using the ‘Transaction’ filter to compare an item for combinations of sectors, countries and time periods. These indicators were presented in the previous dissemination system in the SNA_TABLE13 dataset. See ANA Changes for information on changes in methodology: ANA Changes Explore also the GDP and non-financial accounts webpage: GDP and non-financial accounts webpage OECD statistics contact: STAT.Contact@oecd.org