Grants and other revenue in Australia
Australia: Grants and other revenue was 71.28 billion current LCU in 2022. ◆ Volatile
Grants and other revenue in Australia, 1972–2022
Source: Government Finance Statistics Yearbook and data files, International Monetary Fund (IMF). Measured in current LCU.
Analysis
In 2022, grants and other revenue in Australia stood at 71.28 billion current LCU. That is the highest value across all 51 years on record.
The figure is up 10.1% on the previous year and up 99.7% over ten years.
Over the whole period, grants and other revenue in Australia peaked at 71.28 billion current LCU in 2022 and was at its lowest, 1.14 billion current LCU, in 1972.
That places Australia 73rd out of 154 countries with data for 2022, putting it in the middle of the range.
The series is highly variable year to year, so single readings are best treated with caution.
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1970s | 1.90 billion current LCU | 1.14 billion current LCU | 2.90 billion current LCU | 8 |
| 1980s | 5.84 billion current LCU | 3.08 billion current LCU | 8.45 billion current LCU | 10 |
| 1990s | 9.31 billion current LCU | 7.24 billion current LCU | 16.81 billion current LCU | 10 |
| 2000s | 22.44 billion current LCU | 15.77 billion current LCU | 31.68 billion current LCU | 10 |
| 2010s | 43.45 billion current LCU | 34.60 billion current LCU | 58.47 billion current LCU | 10 |
| 2020s | 65.92 billion current LCU | 61.74 billion current LCU | 71.28 billion current LCU | 3 |
Countries ranked near Australia
More public sector data for Australia
- Arms imports 983.00 million SIPRI trend indicator values (2024)
- Tax revenue 23.6% (2022)
- Taxes on income, profits and capital gains 67.9% (2022)
- Taxes on goods and services 17.8% (2022)
- Net investment in nonfinancial assets 0.8% (2022)
- Net lending (+) / net borrowing (-) -1.3% (2022)
- Interest payments 3.1% (2022)
- Grants and other revenue 11.5% (2022)
- Interest payments 3.0% (2022)
- Other taxes 0.2% (2022)
Frequently asked questions
- What is grants and other revenue in Australia?
- Grants and other revenue in Australia was 71.28 billion current LCU in 2022, according to Government Finance Statistics Yearbook and data files, International Monetary Fund (IMF).
- What is the highest grants and other revenue recorded in Australia?
- The highest recorded value was 71.28 billion current LCU in 2022.
- What is the lowest grants and other revenue recorded in Australia?
- The lowest recorded value was 1.14 billion current LCU in 1972.
- How does Australia rank for grants and other revenue?
- Australia ranks 73rd out of 154 countries with data for 2022.
- Is grants and other revenue rising or falling in Australia?
- Over the last ten years it is up 99.7%. The long-run trend across the full record is volatile.
- 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 Grants and other revenue (current LCU). Statizoid updates them automatically from the source API.
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About this data
Grants are transfers receivable by government units, from other resident or nonresident government units or international organizations, that do not meet the definition of a tax, subsidy, or social contribution. Other revenue is all revenue receivable excluding taxes, social contributions, and grants. This category of revenue includes property income, sales of goods and services, and miscellaneous other types of revenue. 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.