Expense in Australia
Australia: Expense was 27.6% in 2022. ▲ Rising
Expense in Australia, 1972–2022
Source: Government Finance Statistics Yearbook and data files, International Monetary Fund (IMF). Measured in % of GDP.
Analysis
In 2022, expense in Australia stood at 27.6%.
The figure is down 15.3% on the previous year and up 6.0% over ten years.
Over the whole period, expense in Australia peaked at 32.6% in 2021 and was at its lowest, 18.0%, in 1972.
That places Australia 71st out of 157 countries with data for 2022, putting it in the middle of the range.
The long-run direction has been consistently rising across the 51 years of available data.
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1970s | 21.4% | 18.0% | 24.5% | 8 |
| 1980s | 24.7% | 22.2% | 26.4% | 10 |
| 1990s | 23.9% | 21.3% | 25.3% | 10 |
| 2000s | 25.3% | 24.0% | 26.4% | 10 |
| 2010s | 26.3% | 25.8% | 26.9% | 10 |
| 2020s | 30.1% | 27.6% | 32.6% | 3 |
Countries ranked near Australia
More economy & growth data for Australia
- DEC alternative conversion factor 1.55 LCU per US$ (2025)
- Net secondary income (Net current transfers from abroad) -521.00 million current LCU (2025)
- Net secondary income (Net current transfers from abroad) -337.19 million current US$ (2025)
- Taxes less subsidies on products 177.87 billion current LCU (2025)
- Taxes less subsidies on products 115.11 billion current US$ (2025)
- Net primary income (Net income from abroad) -77.35 billion current LCU (2025)
- Net primary income (Net income from abroad) -50.06 billion current US$ (2025)
- GNI per capita 97,831 current LCU (2025)
- GNI per capita, Atlas method 64,120 current US$ (2025)
- GNI 2.70 trillion current LCU (2025)
Frequently asked questions
- What is expense in Australia?
- Expense in Australia was 27.6% in 2022, according to Government Finance Statistics Yearbook and data files, International Monetary Fund (IMF).
- What is the highest expense recorded in Australia?
- The highest recorded value was 32.6% in 2021.
- What is the lowest expense recorded in Australia?
- The lowest recorded value was 18.0% in 1972.
- How does Australia rank for expense?
- Australia ranks 71st out of 157 countries with data for 2022.
- Is expense rising or falling in Australia?
- Over the last ten years it is up 6.0%. The long-run trend across the full record is rising.
- Where does this Australia data come from?
- The figures come from Government Finance Statistics Yearbook and data files, International Monetary Fund (IMF), published as part of Expense (% of GDP). Statizoid updates them automatically from the source API.
Download this data
CSV · JSON — 51 observations, free to reuse under CC BY 4.0 (World Bank Open Data).
About this data
Expense is a decrease in net worth resulting from a transaction. This indicator is expressed as a percentage of Gross Domestic Product (GDP) which is the total income earned through the production of goods and services in an economic territory during an accounting period.