Taxes less subsidies on products (current LCU), per unit of GDP in Australia
Australia: Taxes less subsidies on products (current LCU), per unit of GDP was 0.0989 current LCU per US$ of GDP in 2025. ▼ Falling
Taxes less subsidies on products (current LCU), per unit of GDP in Australia, 1990–2025
Source: Statizoid (derived). Measured in current LCU per US$ of GDP.
Analysis
Australia recorded 0.0989 current LCU per US$ of GDP for taxes less subsidies on products (current lcu), per unit of gdp in 2025.
The figure is up 3.0% on the previous year and up 21.7% over ten years.
Over the whole period, taxes less subsidies on products (current lcu), per unit of gdp in Australia peaked at 0.162 current LCU per US$ of GDP in 2002 and was at its lowest, 0.0605 current LCU per US$ of GDP, in 2012.
Australia ranks 155th of 197 countries on this measure, in the bottom quarter.
The long-run direction has been consistently falling across the 36 years of available data.
Taxes less subsidies on products (current LCU), per unit of GDP in Australia, year by year
| Year | current LCU per US$ of GDP | Change |
|---|---|---|
| 1990 | 0.1035 current LCU per US$ of GDP | — |
| 1991 | 0.1005 current LCU per US$ of GDP | -2.9% |
| 1992 | 0.0995 current LCU per US$ of GDP | -1.0% |
| 1993 | 0.1072 current LCU per US$ of GDP | +7.7% |
| 1994 | 0.1148 current LCU per US$ of GDP | +7.1% |
| 1995 | 0.1092 current LCU per US$ of GDP | -4.9% |
| 1996 | 0.1073 current LCU per US$ of GDP | -1.7% |
| 1997 | 0.1035 current LCU per US$ of GDP | -3.6% |
| 1998 | 0.1174 current LCU per US$ of GDP | +13.5% |
| 1999 | 0.1275 current LCU per US$ of GDP | +8.6% |
| 2000 | 0.1267 current LCU per US$ of GDP | -0.6% |
| 2001 | 0.1619 current LCU per US$ of GDP | +27.8% |
| 2002 | 0.162 current LCU per US$ of GDP | +0.1% |
| 2003 | 0.1508 current LCU per US$ of GDP | -6.9% |
| 2004 | 0.1229 current LCU per US$ of GDP | -18.5% |
| 2005 | 0.1084 current LCU per US$ of GDP | -11.8% |
| 2006 | 0.1064 current LCU per US$ of GDP | -1.9% |
| 2007 | 0.0997 current LCU per US$ of GDP | -6.3% |
| 2008 | 0.0851 current LCU per US$ of GDP | -14.7% |
| 2009 | 0.0898 current LCU per US$ of GDP | +5.5% |
| 2010 | 0.0789 current LCU per US$ of GDP | -12.1% |
| 2011 | 0.067 current LCU per US$ of GDP | -15.1% |
| 2012 | 0.0605 current LCU per US$ of GDP | -9.7% |
| 2013 | 0.0616 current LCU per US$ of GDP | +1.9% |
| 2014 | 0.0716 current LCU per US$ of GDP | +16.1% |
| 2015 | 0.0813 current LCU per US$ of GDP | +13.5% |
| 2016 | 0.0978 current LCU per US$ of GDP | +20.4% |
| 2017 | 0.0915 current LCU per US$ of GDP | -6.5% |
| 2018 | 0.0881 current LCU per US$ of GDP | -3.7% |
| 2019 | 0.0919 current LCU per US$ of GDP | +4.3% |
| 2020 | 0.0944 current LCU per US$ of GDP | +2.7% |
| 2021 | 0.0875 current LCU per US$ of GDP | -7.3% |
| 2022 | 0.0904 current LCU per US$ of GDP | +3.3% |
| 2023 | 0.0932 current LCU per US$ of GDP | +3.1% |
| 2024 | 0.096 current LCU per US$ of GDP | +3.0% |
| 2025 | 0.0989 current LCU per US$ of GDP | +3.0% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1990s | 0.109 current LCU per US$ of GDP | 0.0995 current LCU per US$ of GDP | 0.1275 current LCU per US$ of GDP | 10 |
| 2000s | 0.1214 current LCU per US$ of GDP | 0.0851 current LCU per US$ of GDP | 0.162 current LCU per US$ of GDP | 10 |
| 2010s | 0.079 current LCU per US$ of GDP | 0.0605 current LCU per US$ of GDP | 0.0978 current LCU per US$ of GDP | 10 |
| 2020s | 0.0934 current LCU per US$ of GDP | 0.0875 current LCU per US$ of GDP | 0.0989 current LCU per US$ of GDP | 6 |
Countries ranked near Australia
- 152 Finland 0.113 current LCU per US$ of GDP compare
- 153 Sint Maarten (Dutch part) 0.105 current LCU per US$ of GDP compare
- 154 Slovenia 0.1008 current LCU per US$ of GDP compare
- 156 France 0.0971 current LCU per US$ of GDP compare
- 157 Cyprus 0.0964 current LCU per US$ of GDP compare
- 158 Lithuania 0.0954 current 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)
- Total reserves minus gold (current US$), annual growth rate 14.07 % change on previous year (2025)
- Total reserves minus gold (current US$), per unit of GDP 0.0345 current US$ per US$ of GDP (2025)
- Total reserves minus gold (current US$), per capita 2,249 current US$ per person (2025)
- General government final consumption expenditure (current US$) 7 % change on previous year (2025)
- General government final consumption expenditure (current US$), per 0.2315 current US$ per US$ of GDP (2025)
- General government final consumption expenditure (current US$), per 15,077 current US$ per person (2025)
- General government final consumption expenditure (current LCU) 8.39 % change on previous year (2025)
- General government final consumption expenditure (current LCU), per 0.3577 current LCU per US$ of GDP (2025)
Frequently asked questions
- What is taxes less subsidies on products (current lcu), per unit of gdp in Australia?
- Taxes less subsidies on products (current lcu), per unit of gdp in Australia was 0.0989 current LCU per US$ of GDP in 2025, according to Statizoid (derived).
- What is the highest taxes less subsidies on products (current lcu), per unit of gdp recorded in Australia?
- The highest recorded value was 0.162 current LCU per US$ of GDP in 2002.
- What is the lowest taxes less subsidies on products (current lcu), per unit of gdp recorded in Australia?
- The lowest recorded value was 0.0605 current LCU per US$ of GDP in 2012.
- How does Australia rank for taxes less subsidies on products (current lcu), per unit of gdp?
- Australia ranks 155th out of 197 countries with data for 2025.
- Is taxes less subsidies on products (current lcu), per unit of gdp rising or falling in Australia?
- Over the last ten years it is up 21.7%. The long-run trend across the full record is falling.
- Where does this Australia data come from?
- The figures come from Statizoid (derived), published as part of Taxes less subsidies on products (current LCU), per unit of GDP. Statizoid updates them automatically from the source API.
Download this data
CSV · JSON — 36 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 (current LCU) divided by GDP (current US$), matched on country and year. Neither publisher issues this ratio as a series; it is computed here from both.
Taxes less subsidies on products (current LCU) ÷ GDP (current US$)
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 (current 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.