Taxes less subsidies on products (current LCU), annual growth rate in Australia
Australia: Taxes less subsidies on products (current LCU), annual growth rate was 5.45 % change on previous year in 2025. ◆ Volatile
Taxes less subsidies on products (current LCU), annual growth rate in Australia, 1991–2025
Source: Statizoid (derived). Measured in % change on previous year.
Analysis
Australia recorded 5.45 % change on previous year for taxes less subsidies on products (current lcu), annual growth rate in 2025.
The figure is up 26.5% on the previous year and up 23.1% over ten years.
Over the whole period, taxes less subsidies on products (current lcu), annual growth rate in Australia peaked at 16.57 % change on previous year in 2001 and was at its lowest, -7.1 % change on previous year, in 2009.
That places Australia 123rd out of 197 countries with data for 2025, putting it 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 (current LCU), annual growth rate in Australia, year by year
| Year | % change on previous year | Change |
|---|---|---|
| 1991 | 1.66 % change on previous year | — |
| 1992 | -1.18 % change on previous year | -170.8% |
| 1993 | 3.31 % change on previous year | -381.3% |
| 1994 | 10.79 % change on previous year | +226.2% |
| 1995 | 8.46 % change on previous year | -21.6% |
| 1996 | 7.14 % change on previous year | -15.5% |
| 1997 | 4.65 % change on previous year | -35.0% |
| 1998 | 4.14 % change on previous year | -10.8% |
| 1999 | 5.84 % change on previous year | +40.9% |
| 2000 | 6.16 % change on previous year | +5.6% |
| 2001 | 16.57 % change on previous year | +168.9% |
| 2002 | 4.3 % change on previous year | -74.0% |
| 2003 | 10.04 % change on previous year | +133.4% |
| 2004 | 7.07 % change on previous year | -29.6% |
| 2005 | -0.1546 % change on previous year | -102.2% |
| 2006 | 5.57 % change on previous year | -3703.9% |
| 2007 | 7.06 % change on previous year | +26.7% |
| 2008 | 5.44 % change on previous year | -22.9% |
| 2009 | -7.1 % change on previous year | -230.4% |
| 2010 | 8.74 % change on previous year | -223.1% |
| 2011 | 3.34 % change on previous year | -61.8% |
| 2012 | -0.0862 % change on previous year | -102.6% |
| 2013 | 3.96 % change on previous year | -4691.6% |
| 2014 | 8.13 % change on previous year | +105.6% |
| 2015 | 4.43 % change on previous year | -45.6% |
| 2016 | 7.47 % change on previous year | +68.7% |
| 2017 | 2.75 % change on previous year | -63.2% |
| 2018 | 3.69 % change on previous year | +34.1% |
| 2019 | 1.8 % change on previous year | -51.3% |
| 2020 | -2.07 % change on previous year | -215.1% |
| 2021 | 8.54 % change on previous year | -513.1% |
| 2022 | 12.28 % change on previous year | +43.7% |
| 2023 | 5.44 % change on previous year | -55.7% |
| 2024 | 4.31 % change on previous year | -20.8% |
| 2025 | 5.45 % change on previous year | +26.5% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1990s | 4.98 % change on previous year | -1.18 % change on previous year | 10.79 % change on previous year | 9 |
| 2000s | 5.5 % change on previous year | -7.1 % change on previous year | 16.57 % change on previous year | 10 |
| 2010s | 4.42 % change on previous year | -0.0862 % change on previous year | 8.74 % change on previous year | 10 |
| 2020s | 5.66 % change on previous year | -2.07 % change on previous year | 12.28 % change on previous year | 6 |
Countries ranked near Australia
- 120 France 5.81 % change on previous year compare
- 121 Chile 5.78 % change on previous year compare
- 122 Barbados 5.52 % change on previous year compare
- 124 South Africa 5.31 % change on previous year compare
- 125 Bosnia and Herzegovina 5.21 % change on previous year compare
- 126 United Kingdom of Great Britain and Northern Ireland 5.18 % change on previous year 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)
- Gross capital formation (current US$), annual growth rate 2.94 % change on previous year (2025)
- Gross capital formation (current US$), per unit of GDP 0.2446 current US$ per US$ of GDP (2025)
- Gross capital formation (current US$), per capita 15,931 current US$ per person (2025)
- Gross capital formation (current LCU), annual growth rate 4.28 % change on previous year (2025)
- Gross capital formation (current LCU), per unit of GDP 0.3779 current LCU per US$ of GDP (2025)
- Gross capital formation (current LCU), per capita 24,616 current LCU per person (2025)
- Imports of goods and services (current US$), annual growth rate 2.97 % change on previous year (2025)
- Imports of goods and services (current US$), per unit of GDP 0.2266 current US$ per US$ of GDP (2025)
Frequently asked questions
- What is taxes less subsidies on products (current lcu), annual growth rate in Australia?
- Taxes less subsidies on products (current lcu), annual growth rate in Australia was 5.45 % change on previous year in 2025, according to Statizoid (derived).
- What is the highest taxes less subsidies on products (current lcu), annual growth rate recorded in Australia?
- The highest recorded value was 16.57 % change on previous year in 2001.
- What is the lowest taxes less subsidies on products (current lcu), annual growth rate recorded in Australia?
- The lowest recorded value was -7.1 % change on previous year in 2009.
- How does Australia rank for taxes less subsidies on products (current lcu), annual growth rate?
- Australia ranks 123rd out of 197 countries with data for 2025.
- Is taxes less subsidies on products (current lcu), annual growth rate rising or falling in Australia?
- Over the last ten years it is up 23.1%. 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 (current LCU), annual growth rate. Statizoid updates them automatically from the source API.
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How this figure is calculated
The year-on-year percentage change in Taxes less subsidies on products (current LCU). Computed from consecutive annual observations; years either side of a gap are skipped rather than bridged.
Computed from
- Taxes less subsidies on products 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
The year-on-year percentage change in Taxes less subsidies on products (current LCU). Computed from consecutive annual observations; years either side of a gap are skipped rather than bridged.