Taxes less subsidies on products (current LCU) in Australia
Australia: Taxes less subsidies on products (current LCU) was 177.87 billion current LCU in 2025. ▲ Rising
Taxes less subsidies on products in Australia, 1990–2025
Source: Country official statistics, National Statistical Organizations and/or Central Banks. Measured in current LCU.
Analysis
The most recent figure for taxes less subsidies on products in Australia is 177.87 billion current LCU, measured in 2025. That is the highest value across all 36 years on record.
Compared with earlier readings it is up 5.4% on the previous year and up 61.3% over ten years.
Over the whole period, taxes less subsidies on products in Australia peaked at 177.87 billion current LCU in 2025 and was at its lowest, 32.28 billion current LCU, in 1990.
That places Australia 78th out of 199 countries with data for 2025, putting it in the middle of the range.
The long-run direction has been consistently rising across the 36 years of available data.
Taxes less subsidies on products (current LCU) in Australia, year by year
| Year | current LCU | Change |
|---|---|---|
| 1990 | 32.28 billion current LCU | — |
| 1991 | 32.82 billion current LCU | +1.7% |
| 1992 | 32.43 billion current LCU | -1.2% |
| 1993 | 33.51 billion current LCU | +3.3% |
| 1994 | 37.12 billion current LCU | +10.8% |
| 1995 | 40.26 billion current LCU | +8.5% |
| 1996 | 43.14 billion current LCU | +7.1% |
| 1997 | 45.14 billion current LCU | +4.6% |
| 1998 | 47.01 billion current LCU | +4.1% |
| 1999 | 49.76 billion current LCU | +5.8% |
| 2000 | 52.82 billion current LCU | +6.2% |
| 2001 | 61.57 billion current LCU | +16.6% |
| 2002 | 64.22 billion current LCU | +4.3% |
| 2003 | 70.67 billion current LCU | +10.0% |
| 2004 | 75.67 billion current LCU | +7.1% |
| 2005 | 75.55 billion current LCU | -0.2% |
| 2006 | 79.76 billion current LCU | +5.6% |
| 2007 | 85.39 billion current LCU | +7.1% |
| 2008 | 90.04 billion current LCU | +5.4% |
| 2009 | 83.65 billion current LCU | -7.1% |
| 2010 | 90.96 billion current LCU | +8.7% |
| 2011 | 94.00 billion current LCU | +3.3% |
| 2012 | 93.92 billion current LCU | -0.1% |
| 2013 | 97.63 billion current LCU | +4.0% |
| 2014 | 105.58 billion current LCU | +8.1% |
| 2015 | 110.25 billion current LCU | +4.4% |
| 2016 | 118.49 billion current LCU | +7.5% |
| 2017 | 121.75 billion current LCU | +2.8% |
| 2018 | 126.24 billion current LCU | +3.7% |
| 2019 | 128.51 billion current LCU | +1.8% |
| 2020 | 125.85 billion current LCU | -2.1% |
| 2021 | 136.60 billion current LCU | +8.5% |
| 2022 | 153.37 billion current LCU | +12.3% |
| 2023 | 161.71 billion current LCU | +5.4% |
| 2024 | 168.67 billion current LCU | +4.3% |
| 2025 | 177.87 billion current LCU | +5.4% |
Australia compared with similar countries
- Australia's 177.87 billion current LCU is above the median for high income countries, which is 26.91 billion current LCU, 6.6× the median. (74 countries reporting)
- Australia's 177.87 billion current LCU is above the median for East Asia & Pacific, which is 20.94 billion current LCU, 8.5× the median. (28 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1990s | 39.35 billion current LCU | 32.28 billion current LCU | 49.76 billion current LCU | 10 |
| 2000s | 73.94 billion current LCU | 52.82 billion current LCU | 90.04 billion current LCU | 10 |
| 2010s | 108.73 billion current LCU | 90.96 billion current LCU | 128.51 billion current LCU | 10 |
| 2020s | 154.01 billion current LCU | 125.85 billion current LCU | 177.87 billion current LCU | 6 |
Countries ranked near Australia
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)
- 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)
- IMF holdings of currency, US dollar, per unit of GDP 0.0037 units per US$ of GDP (2025)
Frequently asked questions
- What is taxes less subsidies on products in Australia?
- Taxes less subsidies on products in Australia was 177.87 billion current LCU in 2025, according to Country official statistics, National Statistical Organizations and/or Central Banks.
- What is the highest taxes less subsidies on products recorded in Australia?
- The highest recorded value was 177.87 billion current LCU in 2025.
- What is the lowest taxes less subsidies on products recorded in Australia?
- The lowest recorded value was 32.28 billion current LCU in 1990.
- How does Australia rank for taxes less subsidies on products?
- Australia ranks 78th out of 199 countries with data for 2025.
- Is taxes less subsidies on products rising or falling in Australia?
- Over the last ten years it is up 61.3%. The long-run trend across the full record is rising.
- Where does this Australia data come from?
- The figures come from Country official statistics, National Statistical Organizations and/or Central Banks, published as part of Taxes less subsidies on products (current LCU). Statizoid updates them automatically from the source API.
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About this data
Taxes less subsidies on products are taxes payable per unit of a good or service. This indicator is expressed in current prices, meaning no adjustment has been made to account for price changes over time. This series is expressed in local currency units.