Taxes less subsidies on products (current US$) in Australia
Australia: Taxes less subsidies on products (current US$) was 115.11 billion current US$ 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 US$.
Analysis
The most recent figure for taxes less subsidies on products in Australia is 115.11 billion current US$, measured in 2025. That is the highest value across all 36 years on record.
Compared with earlier readings it is up 4.1% on the previous year and up 25.5% over ten years.
Over the whole period, taxes less subsidies on products in Australia peaked at 115.11 billion current US$ in 2025 and was at its lowest, 23.54 billion current US$, in 1993.
Australia ranks 16th of 199 countries on this measure, in the top 10%.
The long-run direction has been consistently rising across the 36 years of available data.
Taxes less subsidies on products (current US$) in Australia, year by year
| Year | current US$ | Change |
|---|---|---|
| 1990 | 24.84 billion current US$ | — |
| 1991 | 25.76 billion current US$ | +3.7% |
| 1992 | 24.94 billion current US$ | -3.2% |
| 1993 | 23.54 billion current US$ | -5.6% |
| 1994 | 25.68 billion current US$ | +9.1% |
| 1995 | 29.89 billion current US$ | +16.4% |
| 1996 | 32.73 billion current US$ | +9.5% |
| 1997 | 35.33 billion current US$ | +7.9% |
| 1998 | 31.89 billion current US$ | -9.7% |
| 1999 | 31.18 billion current US$ | -2.2% |
| 2000 | 33.17 billion current US$ | +6.4% |
| 2001 | 33.04 billion current US$ | -0.4% |
| 2002 | 33.60 billion current US$ | +1.7% |
| 2003 | 41.16 billion current US$ | +22.5% |
| 2004 | 53.83 billion current US$ | +30.8% |
| 2005 | 56.79 billion current US$ | +5.5% |
| 2006 | 59.72 billion current US$ | +5.1% |
| 2007 | 67.04 billion current US$ | +12.3% |
| 2008 | 80.61 billion current US$ | +20.2% |
| 2009 | 61.59 billion current US$ | -23.6% |
| 2010 | 80.12 billion current US$ | +30.1% |
| 2011 | 92.68 billion current US$ | +15.7% |
| 2012 | 96.85 billion current US$ | +4.5% |
| 2013 | 100.17 billion current US$ | +3.4% |
| 2014 | 96.92 billion current US$ | -3.2% |
| 2015 | 91.73 billion current US$ | -5.4% |
| 2016 | 86.25 billion current US$ | -6.0% |
| 2017 | 91.82 billion current US$ | +6.5% |
| 2018 | 97.85 billion current US$ | +6.6% |
| 2019 | 91.91 billion current US$ | -6.1% |
| 2020 | 84.36 billion current US$ | -8.2% |
| 2021 | 101.95 billion current US$ | +20.8% |
| 2022 | 111.28 billion current US$ | +9.2% |
| 2023 | 108.84 billion current US$ | -2.2% |
| 2024 | 110.58 billion current US$ | +1.6% |
| 2025 | 115.11 billion current US$ | +4.1% |
Australia compared with similar countries
- Australia's 115.11 billion current US$ is above the median for high income countries, which is 9.71 billion current US$, 11.9× the median. (74 countries reporting)
- Australia's 115.11 billion current US$ is above the median for East Asia & Pacific, which is 956.37 million current US$, 120.4× the median. (28 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1990s | 28.58 billion current US$ | 23.54 billion current US$ | 35.33 billion current US$ | 10 |
| 2000s | 52.06 billion current US$ | 33.04 billion current US$ | 80.61 billion current US$ | 10 |
| 2010s | 92.63 billion current US$ | 80.12 billion current US$ | 100.17 billion current US$ | 10 |
| 2020s | 105.35 billion current US$ | 84.36 billion current US$ | 115.11 billion current US$ | 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 115.11 billion current US$ 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 115.11 billion current US$ in 2025.
- What is the lowest taxes less subsidies on products recorded in Australia?
- The lowest recorded value was 23.54 billion current US$ in 1993.
- How does Australia rank for taxes less subsidies on products?
- Australia ranks 16th 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 25.5%. 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 US$). 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 indicator is expressed in United States dollars.