Historical gov spending gdp in Australia
Australia: Historical gov spending gdp was 38.94 in 2024. β Volatile
Latest (2024)
38.94
Change on year
up 3.7%
World rank
46th
of 151 countries
All-time high
44.44
in 2020
All-time low
1.17
in 1901
Years of data
124
1901β2024
Historical gov spending gdp in Australia, 1901β2024
Source: Our World in Data.
Analysis
In 2024, historical gov spending gdp in Australia stood at 38.94.
That represents a change of up 3.7% on the previous year and up 6.0% over ten years.
Over the whole period, historical gov spending gdp in Australia peaked at 44.44 in 2020 and was at its lowest, 1.17, in 1901.
That places Australia 46th out of 151 countries with data for 2024, putting it in the middle of the range.
The series is highly variable year to year, so single readings are best treated with caution.
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1900s | 2.42 | 1.17 | 2.83 | 9 |
| 1910s | 5.22 | 2.66 | 9.43 | 10 |
| 1920s | 5.34 | 4.32 | 7.69 | 10 |
| 1930s | 5.47 | 4.87 | 6.39 | 10 |
| 1940s | 16.74 | 7.07 | 24.78 | 10 |
| 1950s | 12.4 | 11.17 | 14.75 | 10 |
| 1960s | 24.22 | 21.83 | 26.37 | 10 |
| 1970s | 30.2 | 25.32 | 34.08 | 10 |
| 1980s | 36.1 | 33.21 | 38.73 | 10 |
| 1990s | 36.52 | 34.53 | 38.09 | 10 |
| 2000s | 34.89 | 33.61 | 36.97 | 10 |
| 2010s | 37.02 | 36.31 | 38.91 | 10 |
| 2020s | 40.06 | 37.56 | 44.44 | 5 |
Countries ranked near Australia
More economy & growth data for Australia
- External balance on goods and services as a percent of gdp 0.5874 (2025)
- Inflation of consumer prices 2.87 (2025)
- Gdp per capita worldbank constant usd 61,369 (2025)
- Manufacturing value added to gdp 5.32 (2025)
- Gdp worldbank constant usd 1.69 trillion (2025)
- Gdp per capita in international and market dollars 61,369 (2025)
- DEC alternative conversion factor 1.55 LCU per US$ (2025)
- Net secondary income (Net current transfers from abroad) -521.00 million current LCU (2025)
- Net secondary income (Net current transfers from abroad) -337.19 million current US$ (2025)
- Taxes less subsidies on products 177.87 billion current LCU (2025)
Frequently asked questions
- What is historical gov spending gdp in Australia?
- Historical gov spending gdp in Australia was 38.94 in 2024, according to Our World in Data.
- What is the highest historical gov spending gdp recorded in Australia?
- The highest recorded value was 44.44 in 2020.
- What is the lowest historical gov spending gdp recorded in Australia?
- The lowest recorded value was 1.17 in 1901.
- How does Australia rank for historical gov spending gdp?
- Australia ranks 46th out of 151 countries with data for 2024.
- Is historical gov spending gdp rising or falling in Australia?
- Over the last ten years it is up 6.0%. The long-run trend across the full record is volatile.
- Where does this Australia data come from?
- The figures come from Our World in Data, published as part of Historical gov spending gdp. Statizoid updates them automatically from the source API.
Download this data
CSV Β· JSON β 124 observations, free to reuse under CC BY 4.0 (Our World in Data).