Australia vs United Kingdom of Great Britain and Northern Ireland: Annual government expenditure by function (COFOG) — Gross fixed

Australia
101,606 National currency
in 2024
United Kingdom of Great Britain and Northern Ireland
93,796 National currency
in 2024
Australia rank
13th
United Kingdom of Great Britain and Northern Ireland rank
14th

Annual government expenditure by function (COFOG) — Gross fixed over time

  • Australia
  • United Kingdom of Great Britain and Northern Ireland
20.0k40.0k60.0k80.0k100.0k199520092024

How they compare

Australia currently reports 101,606 National currency against 93,796 National currency in United Kingdom of Great Britain and Northern Ireland, a difference of 7,810 National currency.

That makes Australia's figure about 1.1 times United Kingdom of Great Britain and Northern Ireland's.

The two have swapped places 3 times across 27 shared years of data; in 1998 it was United Kingdom of Great Britain and Northern Ireland ahead.

Australia ranks 13th and United Kingdom of Great Britain and Northern Ireland ranks 14th of 27 countries.

Across the 4 decades both report, Australia averaged higher in 2 and United Kingdom of Great Britain and Northern Ireland in 2.

Head to head by decade

Decade Australia United Kingdom of Great Britain and Northern Ireland Difference Ahead
1990s 15,842 National currency 18,576 National currency 2,735 National currency United Kingdom of Great Britain and Northern Ireland
2000s 26,977 National currency 35,028 National currency 8,051 National currency United Kingdom of Great Britain and Northern Ireland
2010s 55,056 National currency 51,996 National currency 3,060 National currency Australia
2020s 91,641 National currency 79,636 National currency 12,005 National currency Australia

Averages of every year both report within each decade.

Frequently asked questions

Which has higher annual government expenditure by function (cofog) — gross fixed, Australia or United Kingdom of Great Britain and Northern Ireland?
Australia, at 101,606 National currency against 93,796 National currency in United Kingdom of Great Britain and Northern Ireland as of 2024.
What is the difference in annual government expenditure by function (cofog) — gross fixed between Australia and United Kingdom of Great Britain and Northern Ireland?
7,810 National currency, with Australia ahead.
How many years of comparable data are there for Australia and United Kingdom of Great Britain and Northern Ireland?
27 years are reported by both, from 1998 to 2024.
How do Australia and United Kingdom of Great Britain and Northern Ireland rank globally for annual government expenditure by function (cofog) — gross fixed?
Australia ranks 13th and United Kingdom of Great Britain and Northern Ireland ranks 14th of 27 countries.
Where does this data come from?
Organisation for Economic Co-operation and Development, published as Annual government expenditure by function (COFOG) — Gross fixed capital formation. Statizoid refreshes it automatically from the source and publishes the full history for both places.

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Australia vs United Kingdom of Great Britain and Northern Ireland: Annual government expenditure by function (COFOG) — Gross fixed. Statizoid, drawing on Organisation for Economic Co-operation and Development. Retrieved 01 September 2026, from https://public-sector.statizoid.com/compare/annual-government-expenditure-by-function-cofog-gross-fixed-capital-formation/australia/united-kingdom/

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About this data

Indicator
Annual government expenditure by function (COFOG) — Gross fixed capital formation
Unit
National currency
Source
Organisation for Economic Co-operation and Development
Licence
OECD Terms and Conditions (attribution required)
Coverage
38 places, 1,116 data points, 1970–2025
Last refreshed

This table provides a breakdown of government expenditure according to the Classification of the Functions of Government (COFOG), which shows how much governments spend in areas such as health, education, environmental protection, defence and servicing public debt. The presentation is on a country-by-country basis. Users are recommended to select one country (or area) at a time in the ‘Reference area’ filter. Data is presented for each country in national currency as well as in euros for the European Union and the euro area. Data are also available, for most countries, for the sub-sectors of general government. Specific categories of expenditure (such as health and education) can be selected using the ‘Expenditure’ filter, while details of the type of expenditure such as compensation of employees (payment of wages and salaries and employers’ social contributions) can be selected using the ‘Transaction’ filter. For government final consumption expenditure a breakdown is also provided, in the ‘Transaction’ filter, between individual and collective consumption expenditure. Data is for General Government. For most countries, results are also available for the General Government sub-sectors: central, local and state (regional) government and social security. These sub-sectors can be selected using the ‘Institutional sector’ filter. These indicators were presented in the previous dissemination system in the SNA_TABLE11 dataset. See ANA Changes for information on changes in methodology: ANA Changes Explore also the Government Finances and Public Sector Debt webpage: Government Finances and Public Sector Debt webpage OECD statistics contact: STAT.Contact@oecd.org