Australia Forecast: Government Expenditure
1988 - 2027 | Yearly | AUD bn | International Monetary Fund
Key information about Australia Forecast: Government Expenditure
- Australia Government Expenditure is forecasted to be 928.471 AUD bn in Dec 2022 as reported by International Monetary Fund.
- It records an increase from the last reported number of 930.670 AUD bn in Dec 2021.
- Looking ahead, Australia Government Expenditure is projected to stand at 1,057.212 AUD bn in Dec 2027.
- The data is updated yearly and is categorized in CEIC under World Trend Plus’s Country Forecast – Table IMF.WEO: General Government Total Expenditure.
View Australia's Forecast: Government Expenditure from 1988 to 2027 in the chart:
What is Australia's Forecast: Government Expenditure in 2027?
Australia Government Expenditure is forecasted to be 928.471 AUD bn in Dec 2022 as reported by International Monetary Fund. See the table below for more data.
| Last | Previous | Min | Max | Unit | Frequency | Range |
|---|---|---|---|---|---|---|
| 1,057.212 2027 | 1,018.064 2026 | 106.055 1988 | 1,057.212 2027 | AUD bn | yearly | 1988 - 2027 |
Forecast: Government Expenditure by Country Comparison
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| country/region | Last | Frequency | Range |
|---|---|---|---|
| Afghanistan (AFA bn) | 432.266 2020 | yearly | 2002 - 2020 |
| Albania (ALL bn) | 759.493 2027 | yearly | 1997 - 2027 |
| Algeria (DZD bn) | 14,743.139 2027 | yearly | 1990 - 2027 |
| Andorra (%) | 35.229 2027 | yearly | 2001 - 2027 |
| Angola (AOA bn) | 16,504.541 2027 | yearly | 1996 - 2027 |
| Antigua and Barbuda (XCD bn) | 1.339 2027 | yearly | 1990 - 2027 |
| Argentina (ARS bn) | 109,556.099 2027 | yearly | 1993 - 2027 |
| Armenia (AMD bn) | 3,130.668 2027 | yearly | 2005 - 2027 |
| Aruba (%) | 23.806 2027 | yearly | 1995 - 2027 |
| Australia (AUD bn) | 1,057.212 2027 | yearly | 1988 - 2027 |
| Austria (EUR bn) | 262.943 2027 | yearly | 1988 - 2027 |
| Azerbaijan (AZN bn) | 45.406 2027 | yearly | 1994 - 2027 |
| Bahamas (BSD bn) | 3.643 2027 | yearly | 1990 - 2027 |
| Bahrain (BHD bn) | 4.987 2027 | yearly | 1990 - 2027 |
| Bangladesh (BDT bn) | 7,011.275 2024 | yearly | 1980 - 2024 |
| Barbados (BBD bn) | 3.951 2028 | yearly | 1995 - 2028 |
| Belarus (BYN bn) | 109.571 2027 | yearly | 2001 - 2027 |
| Belgium (EUR bn) | 345.829 2027 | yearly | 1980 - 2027 |
| Belize (BZD bn) | 1.682 2027 | yearly | 1996 - 2027 |
| Benin (XOF bn) | 2,802.146 2027 | yearly | 1989 - 2027 |
| Bhutan (BTN bn) | 100.852 2027 | yearly | 1981 - 2027 |
| Bolivia (BOB bn) | 143.080 2027 | yearly | 1984 - 2027 |
| Bosnia and Herzegovina (BAM bn) | 22.142 2027 | yearly | 1998 - 2027 |
| Botswana (BWP bn) | 94.260 2028 | yearly | 1981 - 2028 |
| Brazil (BRL bn) | 4,223.004 2027 | yearly | 1996 - 2027 |
| Brunei (BND bn) | 6.229 2027 | yearly | 1980 - 2027 |
| Bulgaria (BGN bn) | 74.870 2027 | yearly | 1998 - 2027 |
| Burkina Faso (XOF bn) | 3,750.558 2027 | yearly | 1985 - 2027 |
| Burundi (BIF bn) | 3,828.206 2027 | yearly | 1990 - 2027 |
| Cambodia (KHR bn) | 48,973.231 2027 | yearly | 1996 - 2027 |
| Cameroon (XAF bn) | 6,998.387 2027 | yearly | 2000 - 2027 |
| Canada (CAD bn) | 1,390.376 2027 | yearly | 1980 - 2027 |
| Cape Verde (CVE bn) | 84.942 2027 | yearly | 1994 - 2027 |
| Central African Republic (XAF bn) | 395.219 2027 | yearly | 1988 - 2027 |
| Chad (XAF bn) | 1,494.017 2027 | yearly | 1995 - 2027 |
| Chile (CLP bn) | 84,593.530 2027 | yearly | 1990 - 2027 |
| China (RMB bn) | 57,711.343 2027 | yearly | 1982 - 2027 |
| Colombia (COP bn) | 571,821.857 2027 | yearly | 1982 - 2027 |
| Comoros (KMF bn) | 147.168 2027 | yearly | 1984 - 2027 |
| Congo (XAF bn) | 2,293.770 2027 | yearly | 1989 - 2027 |
| Costa Rica (CRC bn) | 9,871.976 2027 | yearly | 1990 - 2027 |
| Croatia (HRK bn) | 273.504 2027 | yearly | 1992 - 2027 |
| Cyprus (EUR bn) | 13.179 2027 | yearly | 1995 - 2027 |
| Czech Republic (CZK bn) | 3,519.055 2027 | yearly | 1995 - 2027 |
| Democratic Republic of Congo (CDF bn) | 37,636.856 2027 | yearly | 1996 - 2027 |
| Denmark (DKK bn) | 1,594.725 2027 | yearly | 1980 - 2027 |
| Djibouti (DJF bn) | 198.321 2027 | yearly | 1990 - 2027 |
| Dominica (XCD bn) | 1.004 2027 | yearly | 1990 - 2027 |
| Dominican Republic (DOP bn) | 1,628.554 2027 | yearly | 1997 - 2027 |
| Ecuador (USD bn) | 37.689 2021 | yearly | 1995 - 2021 |
| Egypt (EGP bn) | 3,795.815 2027 | yearly | 1999 - 2027 |
| El Salvador (SVC bn) | 12.741 2027 | yearly | 1990 - 2027 |
| Equatorial Guinea (XAF bn) | 976.516 2027 | yearly | 1980 - 2027 |
| Eritrea (ERN bn) | 17.767 2027 | yearly | 1992 - 2027 |
| Estonia (EUR bn) | 19.215 2027 | yearly | 1995 - 2027 |
| Swaziland (SZL bn) | 27.078 2028 | yearly | 1981 - 2028 |
| Ethiopia (ETB bn) | 3,036.736 2027 | yearly | 1980 - 2027 |
| Fiji (FJD bn) | 4.299 2027 | yearly | 1992 - 2027 |
| Finland (EUR bn) | 160.410 2027 | yearly | 1980 - 2027 |
| France (EUR bn) | 1,656.161 2027 | yearly | 1980 - 2027 |
| Gabon (XAF bn) | 2,356.514 2027 | yearly | 1990 - 2027 |
| Gambia (GMD bn) | 41.749 2027 | yearly | 2000 - 2027 |
| Georgia (GEL bn) | 28.966 2027 | yearly | 1995 - 2027 |
| Germany (EUR bn) | 2,154.451 2027 | yearly | 1991 - 2027 |
| Ghana (GHS bn) | 234.411 2027 | yearly | 1980 - 2027 |
| Greece (EUR bn) | 108.140 2027 | yearly | 1980 - 2027 |
| Grenada (XCD bn) | 1.091 2027 | yearly | 1990 - 2027 |
| Guatemala (GTQ bn) | 135.165 2027 | yearly | 1995 - 2027 |
| Guinea (GNF bn) | 70,733.076 2027 | yearly | 1990 - 2027 |
| Guinea-Bissau (GWP bn) | 299.258 2027 | yearly | 1991 - 2027 |
| Guyana (GYD bn) | 785.201 2027 | yearly | 1997 - 2027 |
| Haiti (HTG bn) | 502.483 2027 | yearly | 1997 - 2027 |
| Honduras (HNL bn) | 294.922 2027 | yearly | 1990 - 2027 |
| Hong Kong SAR, China (HKD bn) | 883.321 2028 | yearly | 1982 - 2028 |
| Hungary (HUF bn) | 38,014.445 2027 | yearly | 1995 - 2027 |
| Iceland (ISK bn) | 1,996.103 2027 | yearly | 1980 - 2027 |
| India (INR bn) | 128,079.075 2028 | yearly | 1989 - 2028 |
| Indonesia (IDR bn) | 4,632,886.626 2027 | yearly | 1993 - 2027 |
| Iran (IRR bn) | 48,431,375.310 2028 | yearly | 1991 - 2028 |
| Iraq (IQD bn) | 173,435.685 2027 | yearly | 2004 - 2027 |
| Ireland (EUR bn) | 132.588 2027 | yearly | 1980 - 2027 |
| Israel (ILS bn) | 845.278 2027 | yearly | 2000 - 2027 |
| Italy (EUR bn) | 1,074.503 2027 | yearly | 1988 - 2027 |
| Ivory Coast (XOF bn) | 11,225.434 2027 | yearly | 1997 - 2027 |
| Jamaica (JMD bn) | 896.290 2028 | yearly | 1991 - 2028 |
| Japan (JPY bn) | 224,526.788 2027 | yearly | 1980 - 2027 |
| Jordan (JOD bn) | 12.068 2027 | yearly | 1985 - 2027 |
| Kazakhstan (KZT bn) | 29,176.239 2027 | yearly | 2002 - 2027 |
| Kenya (KES bn) | 5,190.245 2027 | yearly | 1982 - 2027 |
| Kiribati (AUD bn) | 0.422 2027 | yearly | 1990 - 2027 |
| South Korea (KRW bn) | 684,811.974 2027 | yearly | 1995 - 2027 |
| Kosovo (EUR bn) | 3.434 2027 | yearly | 2000 - 2027 |
| Kuwait (KWD bn) | 24.751 2027 | yearly | 1990 - 2027 |
| Kyrgyzstan (KGS bn) | 466.818 2027 | yearly | 1995 - 2027 |
| Laos (LAK bn) | 50,372.610 2022 | yearly | 2000 - 2022 |
| Latvia (LVL bn) | 17.642 2027 | yearly | 1998 - 2027 |
| Lebanon (LBP bn) | 20,929.559 2020 | yearly | 1990 - 2020 |
| Lesotho (LSL bn) | 25.316 2028 | yearly | 1983 - 2028 |
| Liberia (LRD bn) | 1.478 2027 | yearly | 2000 - 2027 |
| Libya (LYD bn) | 128.771 2027 | yearly | 1990 - 2027 |
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| Government and Public Finance | Last | Frequency | Range |
|---|---|---|---|
| Consolidated Fiscal Balance: % of GDP (%) | -4.4 Mar 2022 | quarterly | Jun 2003 - Mar 2022 |
| Consolidated Fiscal Balance (USD mn) | -9,841.042 Mar 2022 | quarterly | Sep 2002 - Mar 2022 |
| Tax Revenue (USD mn) | 121,889.775 Mar 2022 | quarterly | Sep 2002 - Mar 2022 |
| Tax Revenue: % of GDP (%) | 30.0 Mar 2022 | quarterly | Sep 2002 - Mar 2022 |
| National Government Debt (USD mn) | 743,969.0 2021 | yearly | 1999 - 2021 |
| Government Debt: % of GDP (%) | 48.0 2021 | yearly | 1999 - 2021 |
| Forecast: Government Expenditure (AUD bn) | 1,057.212 2027 | yearly | 1988 - 2027 |
| Forecast: Government Net Debt (AUD bn) | 1,717.679 2027 | yearly | 1989 - 2027 |
| Forecast: Government Revenue (AUD bn) | 1,034.676 2027 | yearly | 1988 - 2027 |
| DOT Forecast: Budget Aggregates: Expenses (AUD bn) | 686.800 2026 | yearly | 1997 - 2026 |
| DOT Forecast: Budget Aggregates: Revenue (AUD bn) | 655.200 2026 | yearly | 1997 - 2026 |
| Foreign Trade | Last | Frequency | Range |
|---|---|---|---|
| Forecast: Exports of Goods Growth (%) | 2.081 2027 | yearly | 1980 - 2027 |
| Trade Balance (USD mn) | 13,897.6 Jun 2022 | monthly | Jul 1971 - Jun 2022 |
| Total Exports (USD mn) | 37,107.5 May 2022 | monthly | Jul 1971 - May 2022 |
| Total Exports Growth (%) | 41.9 May 2022 | monthly | Jul 1972 - May 2022 |
| Aluminum: Exports (USD th) | 3,610,202.857 2021 | yearly | 1995 - 2021 |
| Exports: Medicament (USD th) | 1,275,339.521 2021 | yearly | 1995 - 2021 |
| Exports: Medicinal and Pharmaceutical Product (USD th) | 1,446,218.198 2021 | yearly | 1995 - 2021 |
| Total Imports (USD mn) | 25,126.7 Apr 2022 | monthly | Jul 1971 - Apr 2022 |
| Total Imports Growth (%) | 29.2 May 2022 | monthly | Jul 1972 - May 2022 |
| Imports: Medicament (USD th) | 6,073,627.275 2021 | yearly | 1995 - 2021 |
| Imports: Medicinal and Pharmaceutical Product (USD th) | 5,279,115.512 2021 | yearly | 1995 - 2021 |
| Total Exports to USA (USD mn) | 1,089.947 May 2022 | monthly | Jan 1988 - May 2022 |
| Total Imports from USA (USD mn) | 2,845.828 Jun 2022 | monthly | Apr 1969 - Jun 2022 |
| Total Exports to China (USD mn) | 10,406.598 May 2022 | monthly | Apr 1969 - May 2022 |
| Total Imports from China (USD mn) | 5,371.579 May 2022 | monthly | Jan 1988 - May 2022 |
| Trade Balance: sa: Goods & Services (AUD mn) | 15,965.000 May 2022 | monthly | Jul 1971 - May 2022 |
| Trade Balance: Goods & Services (AUD mn) | 16,487.000 May 2022 | monthly | Jul 1971 - May 2022 |
| Export: SITC: Value: FOB: Commodities and Transactions (CT): nec (AUD mn) | 3,368.000 May 2022 | monthly | Jan 1988 - May 2022 |
| Export: SITC: Value: FOB: Manufactured Goods Classified Chiefly By Material (MG) (AUD mn) | 1,679.000 May 2022 | monthly | Jan 1988 - May 2022 |
| Export: SITC: Value: FOB: Food & Live Animals (FL) (AUD mn) | 4,657.000 May 2022 | monthly | Jan 1988 - May 2022 |
| Export: Value: Coal, whether or not Pulverized, but not Agglomerated (AUD mn) | 11,040.000 May 2022 | monthly | Jan 1988 - May 2022 |
| Export Value: SITC: FOB: MS: Aluminum Ore & Concentrate (AUD mn) | 846.000 Jun 2022 | monthly | Jan 1988 - Jun 2022 |
| Export Value: SITC: FOB: MS: Copper Ore & Concentrate, Copper Matte & Cement Cop... (AUD mn) | 1,242.000 Jun 2022 | monthly | Jan 1988 - Jun 2022 |
| Export: Value: FOB: India (AUD mn) | 2,093.000 May 2022 | monthly | Jan 1988 - May 2022 |
| Export: Value: FOB: United States of America (AUD mn) | 1,548.000 May 2022 | monthly | Jan 1988 - May 2022 |
| Terms of Trade Index (2016-2017=100) | 106.800 Dec 2018 | quarterly | Sep 1959 - Dec 2018 |
| Import: SITC: Value: Commodities and Transactions (CT): nec (AUD mn) | 1,018.000 Apr 2022 | monthly | Jan 1988 - Apr 2022 |
| Import: SITC: Value: Crude Materials, Inedible, Except Fuels (CM) (AUD mn) | 518.000 May 2022 | monthly | Jan 1988 - May 2022 |
| Import: SITC: Value: Food & Live Animals (FL) (AUD mn) | 1,688.000 May 2022 | monthly | Jan 1988 - May 2022 |
| Import: SITC: Value: Mineral Fuels, Lubricants and Related Materials (MF) (AUD mn) | 6,034.000 May 2022 | monthly | Jan 1988 - May 2022 |
| Import Value: SITC: NF: Copper (AUD mn) | 98.000 Jun 2022 | monthly | Jan 1988 - Jun 2022 |
| Import Value: SITC: NF: Aluminium (AUD mn) | 229.000 Jun 2022 | monthly | Jan 1988 - Jun 2022 |
| Import: Value: Singapore (AUD mn) | 1,883.000 May 2022 | monthly | Jan 1988 - May 2022 |
| Import Value: ANZSIC 2006: Metal Ore Mining (AUD mn) | 142.000 Jun 2022 | monthly | Jul 2005 - Jun 2022 |
| Monetary | Last | Frequency | Range |
|---|---|---|---|
| Non Performing Loans Ratio (%) | 0.9 Dec 2021 | quarterly | Jun 2004 - Dec 2021 |
| Household Debt: % of GDP (%) | 124.5 Mar 2022 | quarterly | Jun 1988 - Mar 2022 |
| Non-Performing Loans (USD mn) | 23,645.094 Dec 2021 | quarterly | Sep 1994 - Dec 2021 |
| Money Supply M1 (USD mn) | 1,172,323.998 Jun 2022 | monthly | Feb 1975 - Jun 2022 |
| Money Supply M2 (USD mn) | 1,902,357.886 Jun 2022 | monthly | Mar 1965 - Jun 2022 |
| M2 Growth (%) | 9.8 Jun 2022 | monthly | Mar 1966 - Jun 2022 |
| Foreign Exchange Reserves (USD mn) | 34,527.3 Jun 2022 | monthly | Jul 1969 - Jun 2022 |
| Foreign Exchange Reserves: % of GDP (%) | 2.175 Mar 2022 | quarterly | Sep 1969 - Mar 2022 |
| Foreign Exchange Reserves: Months of Import (NA) | 1.5 Apr 2022 | monthly | Jul 1971 - Apr 2022 |
| Gold Reserves (USD mn) | 4,324.240 Jun 2022 | monthly | Jan 1958 - Jun 2022 |
| Total Deposits (USD mn) | 2,726,161.423 Mar 2022 | quarterly | Sep 2004 - Mar 2022 |
| Total Deposits Growth (%) | 10.0 Mar 2022 | quarterly | Sep 2005 - Mar 2022 |
| Domestic Credit (USD mn) | 4,118,799.2 Mar 2022 | monthly | Dec 2001 - Mar 2022 |
| Domestic Credit Growth (%) | 8.7 Mar 2022 | monthly | Dec 2002 - Mar 2022 |
| Debt Service Ratio: Households (%) | 13.300 Dec 2021 | quarterly | Mar 1999 - Dec 2021 |
| Debt Service Ratio: Private Non-Financial Sector (%) | 17.300 Dec 2021 | quarterly | Mar 1999 - Dec 2021 |
| Credit to Households (USD bn) | 1,875.447 Dec 2021 | quarterly | Dec 1977 - Dec 2021 |
| Credit to Private Non-Financial Sector (USD bn) | 2,851.407 Sep 2021 | quarterly | Mar 1971 - Sep 2021 |
| Household Debt (USD mn) | 2,082,088.4 Mar 2022 | quarterly | Jun 1988 - Mar 2022 |
| Total Loans (USD mn) | 2,336,663.053 Jun 2022 | monthly | Sep 1976 - Jun 2022 |
| Total Loans Growth (%) | 9.74 Jun 2022 | monthly | Sep 1977 - Jun 2022 |
| Private Debt: % of Nominal GDP (%) | 136.70 Mar 2022 | quarterly | Mar 1990 - Mar 2022 |
| Money Supply: sa: M1 (AUD bn) | 1,697.790 Jun 2022 | monthly | Feb 1975 - Jun 2022 |
| Money Supply: sa: M3 (AUD bn) | 2,755.044 Jun 2022 | monthly | Mar 1965 - Jun 2022 |
| AU: Domestic Credit: Net (AUD mn) | 5,241,936.162 2020 | yearly | 1960 - 2020 |
| Business and Economic Survey | Last | Frequency | Range |
|---|---|---|---|
| Economic Policy Uncertainty Index (Index) | 175.296 May 2022 | monthly | Jan 1997 - May 2022 |
| Geopolitical Risk Index (%) | 0.166 Jul 2022 | monthly | Jan 1985 - Jul 2022 |
| Exports: % of GDP (%) | 24.693 2019 | yearly | 2001 - 2019 |
| Imports: % of GDP (%) | 21.293 2019 | yearly | 2001 - 2019 |
| Business Confidence Growth (% Point) | -16.6 Jul 2022 | monthly | Aug 2007 - Jul 2022 |
| Composite Index: Performance of Manufacturing Index: sa (Point) | 52.500 Jul 2022 | monthly | Aug 2006 - Jul 2022 |
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