Taxes less subsidies on products (constant LCU), per unit of GDP in Australia
Australia: Taxes less subsidies on products (constant LCU), per unit of GDP was 0.0951 constant LCU per US$ of GDP in 2025. ◆ Volatile
Taxes less subsidies on products (constant LCU), per unit of GDP in Australia, 1975–2025
Source: Statizoid (derived). Measured in constant LCU per US$ of GDP.
Analysis
Australia recorded 0.0951 constant LCU per US$ of GDP for taxes less subsidies on products (constant lcu), per unit of gdp in 2025.
Compared with earlier readings it is down 0.9% on the previous year and down 11.3% over ten years.
Over the whole period, taxes less subsidies on products (constant lcu), per unit of gdp in Australia peaked at 0.5917 constant LCU per US$ of GDP in 1975 and was at its lowest, 0.0912 constant LCU per US$ of GDP, in 2013.
Australia ranks 132nd of 189 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.
Taxes less subsidies on products (constant LCU), per unit of GDP in Australia, year by year
| Year | constant LCU per US$ of GDP | Change |
|---|---|---|
| 1975 | 0.5917 constant LCU per US$ of GDP | — |
| 1976 | 0.5458 constant LCU per US$ of GDP | -7.7% |
| 1977 | 0.5465 constant LCU per US$ of GDP | +0.1% |
| 1978 | 0.5078 constant LCU per US$ of GDP | -7.1% |
| 1979 | 0.459 constant LCU per US$ of GDP | -9.6% |
| 1980 | 0.4141 constant LCU per US$ of GDP | -9.8% |
| 1981 | 0.3603 constant LCU per US$ of GDP | -13.0% |
| 1982 | 0.3429 constant LCU per US$ of GDP | -4.8% |
| 1983 | 0.3509 constant LCU per US$ of GDP | +2.3% |
| 1984 | 0.3423 constant LCU per US$ of GDP | -2.5% |
| 1985 | 0.3959 constant LCU per US$ of GDP | +15.7% |
| 1986 | 0.3952 constant LCU per US$ of GDP | -0.2% |
| 1987 | 0.3738 constant LCU per US$ of GDP | -5.4% |
| 1988 | 0.316 constant LCU per US$ of GDP | -15.5% |
| 1989 | 0.2669 constant LCU per US$ of GDP | -15.5% |
| 1990 | 0.2643 constant LCU per US$ of GDP | -1.0% |
| 1991 | 0.2462 constant LCU per US$ of GDP | -6.9% |
| 1992 | 0.2464 constant LCU per US$ of GDP | +0.1% |
| 1993 | 0.2645 constant LCU per US$ of GDP | +7.3% |
| 1994 | 0.2676 constant LCU per US$ of GDP | +1.2% |
| 1995 | 0.2557 constant LCU per US$ of GDP | -4.5% |
| 1996 | 0.2398 constant LCU per US$ of GDP | -6.2% |
| 1997 | 0.2263 constant LCU per US$ of GDP | -5.6% |
| 1998 | 0.2656 constant LCU per US$ of GDP | +17.4% |
| 1999 | 0.2862 constant LCU per US$ of GDP | +7.8% |
| 2000 | 0.2759 constant LCU per US$ of GDP | -3.6% |
| 2001 | 0.2953 constant LCU per US$ of GDP | +7.0% |
| 2002 | 0.2947 constant LCU per US$ of GDP | -0.2% |
| 2003 | 0.2622 constant LCU per US$ of GDP | -11.0% |
| 2004 | 0.2068 constant LCU per US$ of GDP | -21.1% |
| 2005 | 0.1865 constant LCU per US$ of GDP | -9.8% |
| 2006 | 0.1775 constant LCU per US$ of GDP | -4.8% |
| 2007 | 0.1602 constant LCU per US$ of GDP | -9.7% |
| 2008 | 0.1314 constant LCU per US$ of GDP | -17.9% |
| 2009 | 0.1474 constant LCU per US$ of GDP | +12.2% |
| 2010 | 0.1191 constant LCU per US$ of GDP | -19.2% |
| 2011 | 0.0997 constant LCU per US$ of GDP | -16.3% |
| 2012 | 0.0915 constant LCU per US$ of GDP | -8.1% |
| 2013 | 0.0912 constant LCU per US$ of GDP | -0.4% |
| 2014 | 0.0983 constant LCU per US$ of GDP | +7.8% |
| 2015 | 0.1073 constant LCU per US$ of GDP | +9.1% |
| 2016 | 0.1268 constant LCU per US$ of GDP | +18.1% |
| 2017 | 0.1176 constant LCU per US$ of GDP | -7.3% |
| 2018 | 0.1106 constant LCU per US$ of GDP | -5.9% |
| 2019 | 0.1128 constant LCU per US$ of GDP | +2.0% |
| 2020 | 0.114 constant LCU per US$ of GDP | +1.0% |
| 2021 | 0.1014 constant LCU per US$ of GDP | -11.0% |
| 2022 | 0.0992 constant LCU per US$ of GDP | -2.2% |
| 2023 | 0.0985 constant LCU per US$ of GDP | -0.7% |
| 2024 | 0.096 constant LCU per US$ of GDP | -2.5% |
| 2025 | 0.0951 constant LCU per US$ of GDP | -0.9% |
Australia compared with similar countries
- Australia's 0.0951 constant LCU per US$ of GDP is above the median for high income countries, which is 0.0891 constant LCU per US$ of GDP, 1.1× the median. (66 countries reporting)
- Australia's 0.0951 constant LCU per US$ of GDP is below the median for East Asia & Pacific, which is 0.1427 constant LCU per US$ of GDP, 67% of the median. (24 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1970s | 0.5301 constant LCU per US$ of GDP | 0.459 constant LCU per US$ of GDP | 0.5917 constant LCU per US$ of GDP | 5 |
| 1980s | 0.3558 constant LCU per US$ of GDP | 0.2669 constant LCU per US$ of GDP | 0.4141 constant LCU per US$ of GDP | 10 |
| 1990s | 0.2562 constant LCU per US$ of GDP | 0.2263 constant LCU per US$ of GDP | 0.2862 constant LCU per US$ of GDP | 10 |
| 2000s | 0.2138 constant LCU per US$ of GDP | 0.1314 constant LCU per US$ of GDP | 0.2953 constant LCU per US$ of GDP | 10 |
| 2010s | 0.1075 constant LCU per US$ of GDP | 0.0912 constant LCU per US$ of GDP | 0.1268 constant LCU per US$ of GDP | 10 |
| 2020s | 0.1007 constant LCU per US$ of GDP | 0.0951 constant LCU per US$ of GDP | 0.114 constant LCU per US$ of GDP | 6 |
Countries ranked near Australia
- 129 Kosovo 0.1108 constant LCU per US$ of GDP compare
- 129 Kosovo (UNSCR 1244) 0.1108 constant LCU per US$ of GDP compare
- 131 Greece 0.1004 constant LCU per US$ of GDP compare
- 133 Finland 0.0947 constant LCU per US$ of GDP compare
- 134 Portugal 0.0944 constant LCU per US$ of GDP compare
- 135 Bahamas 0.094 constant LCU per US$ of GDP compare
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)
- Foreign direct investment, net outflows (BoP, current US$), gaps -4.55 billion BoP, current US$ (2025)
- Foreign direct investment, net outflows (BoP, current US$), per unit -0.0025 BoP, current US$ per US$ of GDP (2025)
- Foreign direct investment, net outflows (BoP, current US$), per capita -164.69 BoP, current US$ per person (2025)
- Foreign direct investment, net inflows (BoP, current US$), gaps filled 36.52 billion BoP, current US$ (2025)
- Foreign direct investment, net inflows (BoP, current US$), annual -32.02 % change on previous year (2025)
- Foreign direct investment, net inflows (BoP, current US$), per unit 0.0203 BoP, current US$ per US$ of GDP (2025)
- Foreign direct investment, net inflows (BoP, current US$), per capita 1,323 BoP, current US$ per person (2025)
- Total reserves (includes gold, current US$), annual growth rate 20.24 % change on previous year (2025)
Frequently asked questions
- What is taxes less subsidies on products (constant lcu), per unit of gdp in Australia?
- Taxes less subsidies on products (constant lcu), per unit of gdp in Australia was 0.0951 constant LCU per US$ of GDP in 2025, according to Statizoid (derived).
- What is the highest taxes less subsidies on products (constant lcu), per unit of gdp recorded in Australia?
- The highest recorded value was 0.5917 constant LCU per US$ of GDP in 1975.
- What is the lowest taxes less subsidies on products (constant lcu), per unit of gdp recorded in Australia?
- The lowest recorded value was 0.0912 constant LCU per US$ of GDP in 2013.
- How does Australia rank for taxes less subsidies on products (constant lcu), per unit of gdp?
- Australia ranks 132nd out of 189 countries with data for 2025.
- Is taxes less subsidies on products (constant lcu), per unit of gdp rising or falling in Australia?
- Over the last ten years it is down 11.3%. The long-run trend across the full record is volatile.
- Where does this Australia data come from?
- The figures come from Statizoid (derived), published as part of Taxes less subsidies on products (constant LCU), per unit of GDP. Statizoid updates them automatically from the source API.
Download this data
CSV · JSON — 51 observations, free to reuse under Derived by Statizoid from the sources named on the page.
How this figure is calculated
Taxes less subsidies on products (constant LCU) divided by GDP (current US$), matched on country and year. Neither publisher issues this ratio as a series; it is computed here from both.
Taxes less subsidies on products (constant LCU) ÷ GDP (current US$)
Computed from
- Taxes less subsidies on products Country official statistics, National Statistical Organizations and/or Central Banks
- GDP Country official statistics, National Statistical Organizations and/or Central Banks
Statizoid computes this series; the underlying measurements belong to the publishers named above. The arithmetic is applied to every country and year where both inputs report, and nothing is estimated unless the page says so.
About this data
Taxes less subsidies on products (constant LCU) divided by GDP (current US$), matched on country and year. Neither publisher issues this ratio as a series; it is computed here from both.