Taxes less subsidies on products (current LCU), per unit of GDP (unit) in Australia
Australia: Taxes less subsidies on products (current LCU), per unit of GDP (unit) 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 (unit) 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% |
Australia compared with similar countries
- Australia's 0.0989 current LCU per US$ of GDP is below the median for high income countries, which is 0.1155 current LCU per US$ of GDP, 86% of the median. (74 countries reporting)
- Australia's 0.0989 current LCU per US$ of GDP is below the median for East Asia & Pacific, which is 0.2038 current LCU per US$ of GDP, 49% of the median. (28 countries reporting)
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
- 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 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.
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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.