Taxes less subsidies on products in Australia

Australia: Taxes less subsidies on products was 115.11 billion current US$ in 2025. ▲ Rising

Latest (2025)
115.11 billion current US$
Change on year
up 4.1%
World rank
16th
of 198 countries
All-time high
115.11 billion current US$
in 2025
All-time low
23.54 billion current US$
in 1993
Years of data
36
1990–2025

Taxes less subsidies on products in Australia, 1990–2025

20.0B40.0B60.0B80.0B100.0B120.0B1990200720251990: 24.8B current US$1991: 25.8B current US$1992: 24.9B current US$1993: 23.5B current US$1994: 25.7B current US$1995: 29.9B current US$1996: 32.7B current US$1997: 35.3B current US$1998: 31.9B current US$1999: 31.2B current US$2000: 33.2B current US$2001: 33.0B current US$2002: 33.6B current US$2003: 41.2B current US$2004: 53.8B current US$2005: 56.8B current US$2006: 59.7B current US$2007: 67.0B current US$2008: 80.6B current US$2009: 61.6B current US$2010: 80.1B current US$2011: 92.7B current US$2012: 96.8B current US$2013: 100.2B current US$2014: 96.9B current US$2015: 91.7B current US$2016: 86.3B current US$2017: 91.8B current US$2018: 97.9B current US$2019: 91.9B current US$2020: 84.4B current US$2021: 102.0B current US$2022: 111.3B current US$2023: 108.8B current US$2024: 110.6B current US$2025: 115.1B current US$

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 198 countries on this measure, in the top 10%.

The long-run direction has been consistently rising across the 36 years of available data.

Averages by decade

DecadeAverage LowestHighest 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

  1. 13 South Korea 130.66 billion current US$ compare
  2. 14 Poland 123.95 billion current US$ compare
  3. 15 Mexico 121.91 billion current US$ compare
  4. 17 Argentina 105.47 billion current US$ compare
  5. 18 Saudi Arabia 70.39 billion current US$ compare
  6. 19 Sweden 69.82 billion current US$ compare

See the full ranking of 198 places →

More economy & growth data for Australia

All data for Australia →

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 198 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.

Download this data

CSV · JSON — 36 observations, free to reuse under CC BY 4.0 (World Bank Open Data).

About this data

Indicator
Taxes less subsidies on products (current US$)
Unit
current US$
Source
Country official statistics, National Statistical Organizations and/or Central Banks
Licence
CC BY 4.0 (World Bank Open Data)
Coverage
198 places, 8,428 data points, 1960–2025
Last refreshed

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.