Government procurement share gdp in Australia
Australia: Government procurement share gdp was 18.92 in 2024. ▲ Rising
Latest (2024)
18.92
Change on year
up 4.1%
World rank
3rd
of 43 countries
All-time high
18.92
in 2024
All-time low
13.76
in 2007
Years of data
18
2007–2024
Government procurement share gdp in Australia, 2007–2024
Source: Our World in Data.
Analysis
Australia recorded 18.92 for government procurement share gdp in 2024. That is the highest value across all 18 years on record.
That represents a change of up 4.1% on the previous year and up 27.6% over ten years.
Over the whole period, government procurement share gdp in Australia peaked at 18.92 in 2024 and was at its lowest, 13.76, in 2007.
Australia ranks 3rd of 43 countries on this measure, in the top 10%.
The long-run direction has been consistently rising across the 18 years of available data.
Government procurement share gdp in Australia, year by year
| Year | Value | Change |
|---|---|---|
| 2007 | 13.76 | — |
| 2008 | 14.15 | +2.8% |
| 2009 | 15.3 | +8.1% |
| 2010 | 14.68 | -4.1% |
| 2011 | 14.9 | +1.5% |
| 2012 | 14.46 | -3.0% |
| 2013 | 14.51 | +0.3% |
| 2014 | 14.83 | +2.2% |
| 2015 | 15.38 | +3.7% |
| 2016 | 15.84 | +3.0% |
| 2017 | 16.18 | +2.1% |
| 2018 | 16.53 | +2.2% |
| 2019 | 17.55 | +6.2% |
| 2020 | 17.92 | +2.1% |
| 2021 | 17.83 | -0.5% |
| 2022 | 17.45 | -2.2% |
| 2023 | 18.18 | +4.2% |
| 2024 | 18.92 | +4.1% |
Australia compared with similar countries
- Australia's 18.92 is above the median for East Asia & Pacific, which is 17.13, 1.1× the median. (5 countries reporting)
- Australia's 18.92 is above the median for high income countries, which is 14.02, 1.3× the median. (37 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2000s | 14.4 | 13.76 | 15.3 | 3 |
| 2010s | 15.48 | 14.46 | 17.55 | 10 |
| 2020s | 18.06 | 17.45 | 18.92 | 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 government procurement share gdp in Australia?
- Government procurement share gdp in Australia was 18.92 in 2024, according to Our World in Data.
- What is the highest government procurement share gdp recorded in Australia?
- The highest recorded value was 18.92 in 2024.
- What is the lowest government procurement share gdp recorded in Australia?
- The lowest recorded value was 13.76 in 2007.
- How does Australia rank for government procurement share gdp?
- Australia ranks 3rd out of 43 countries with data for 2024.
- Is government procurement share gdp rising or falling in Australia?
- Over the last ten years it is up 27.6%. The long-run trend across the full record is rising.
- Where does this Australia data come from?
- The figures come from Our World in Data, published as part of Government procurement share gdp. Statizoid updates them automatically from the source API.
Download this data
CSV · JSON — 18 observations, free to reuse under CC BY 4.0 (Our World in Data).