The ratio of government expenditure to GDP in Australia was forecast to decrease between 2024 and 2030 by in total 0.23 percentage points. This overall decrease does not happen continuously, notably not in 2028 and 2029. The ratio is estimated to amount to 38.11 percent in 2030. This indicator depicts the general government expenditure as a share of the national gross domestic product. The International Monetary Fund defines the general government expenditure as consisting of total expense and the net acquisition of nonfinancial assets. The gross domestic product represents the total value of final goods and services produced during a year.
Find more key insights for the ratio of government expenditure to GDP in countries like Vanuatu, Kiribati, and New Zealand.
Australia: Ratio of government expenditure to gross domestic product (GDP) from 2020 to 2030
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IMF. (April 22, 2025). Australia: Ratio of government expenditure to gross domestic product (GDP) from 2020 to 2030 [Graph]. In Statista. Retrieved May 05, 2025, from https://www.statista.com/statistics/260547/australias-ratio-of-government-expenditure-to-gross-domestic-product/
IMF. "Australia: Ratio of government expenditure to gross domestic product (GDP) from 2020 to 2030." Chart. April 22, 2025. Statista. Accessed May 05, 2025. https://www.statista.com/statistics/260547/australias-ratio-of-government-expenditure-to-gross-domestic-product/
IMF. (2025). Australia: Ratio of government expenditure to gross domestic product (GDP) from 2020 to 2030. Statista. Statista Inc.. Accessed: May 05, 2025. https://www.statista.com/statistics/260547/australias-ratio-of-government-expenditure-to-gross-domestic-product/
IMF. "Australia: Ratio of Government Expenditure to Gross Domestic Product (Gdp) from 2020 to 2030." Statista, Statista Inc., 22 Apr 2025, https://www.statista.com/statistics/260547/australias-ratio-of-government-expenditure-to-gross-domestic-product/
IMF, Australia: Ratio of government expenditure to gross domestic product (GDP) from 2020 to 2030 Statista, https://www.statista.com/statistics/260547/australias-ratio-of-government-expenditure-to-gross-domestic-product/ (last visited May 05, 2025)
Australia: Ratio of government expenditure to gross domestic product (GDP) from 2020 to 2030 [Graph], IMF, April 22, 2025. [Online]. Available: https://www.statista.com/statistics/260547/australias-ratio-of-government-expenditure-to-gross-domestic-product/
