Cyclically adjusted balance, General government, Percent of potential in Australia
Australia: Cyclically adjusted balance, General government, Percent of potential was -2.47 in 2030. ◆ Volatile
Cyclically adjusted balance, General government, Percent of potential in Australia, 1992–2030
Source: International Monetary Fund.
Analysis
Australia recorded -2.47 for cyclically adjusted balance, general government, percent of potential in 2030.
That represents a change of up 0.1% on the previous year and up 70.7% over ten years.
Over the whole period, cyclically adjusted balance, general government, percent of potential in Australia peaked at 1.63 in 2006 and was at its lowest, -8.41, in 2020.
Australia ranks 47th of 88 countries on this measure, in the middle of the range.
The series is highly variable year to year, so single readings are best treated with caution.
Cyclically adjusted balance, General government, Percent of potential in Australia, year by year
| Year | Value | Change |
|---|---|---|
| 1992 | -3.72 | — |
| 1993 | -3.97 | +6.5% |
| 1994 | -3.19 | -19.5% |
| 1995 | -2 | -37.3% |
| 1996 | -0.8139 | -59.3% |
| 1997 | 0.1224 | -115.0% |
| 1998 | 0.1842 | +50.5% |
| 1999 | 0.9455 | +413.2% |
| 2000 | 1.32 | +39.5% |
| 2001 | 0.1316 | -90.0% |
| 2002 | 0.2986 | +126.8% |
| 2003 | 1.02 | +242.7% |
| 2004 | 1.2 | +17.6% |
| 2005 | 1.6 | +32.8% |
| 2006 | 1.63 | +1.8% |
| 2007 | 1.16 | -28.9% |
| 2008 | -1.33 | -215.0% |
| 2009 | -4.45 | +234.3% |
| 2010 | -4.91 | +10.4% |
| 2011 | -4.39 | -10.7% |
| 2012 | -3.79 | -13.5% |
| 2013 | -3.36 | -11.5% |
| 2014 | -3.39 | +0.9% |
| 2015 | -3.23 | -4.7% |
| 2016 | -2.88 | -10.8% |
| 2017 | -2.2 | -23.5% |
| 2018 | -1.7 | -22.8% |
| 2019 | -4.67 | +174.3% |
| 2020 | -8.41 | +80.3% |
| 2021 | -6.28 | -25.4% |
| 2022 | -2.79 | -55.5% |
| 2023 | -2.2 | -21.3% |
| 2024 | -3.15 | +43.1% |
| 2025 | -3.54 | +12.6% |
| 2026 | -3.13 | -11.7% |
| 2027 | -2.75 | -12.3% |
| 2028 | -2.62 | -4.8% |
| 2029 | -2.47 | -5.5% |
| 2030 | -2.47 | -0.1% |
Australia compared with similar countries
- Australia's -2.47 is below the median for high income countries, which is -2.33, 1.1× the median. (48 countries reporting)
- Australia's -2.47 is below the median for East Asia & Pacific, which is -2.4, 1.0× the median. (11 countries reporting)
Biggest year-on-year movements
Years where Cyclically adjusted balance, General government, Percent of potential in Australia changed far more than this series normally does. A large move can be a real event or a change in how the figure was measured — the source note below says who published it.
| Year | Change | From | To |
|---|---|---|---|
| 1999 | +413.2% | 0.1842 | 0.9455 |
| 2009 | -234.3% | -1.33 | -4.45 |
| 2003 | +242.7% | 0.2986 | 1.02 |
| 2008 | -215.0% | 1.16 | -1.33 |
| 2019 | -174.3% | -1.7 | -4.67 |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1990s | -1.56 | -3.97 | 0.9455 | 8 |
| 2000s | 0.2577 | -4.45 | 1.63 | 10 |
| 2010s | -3.45 | -4.91 | -1.7 | 10 |
| 2020s | -3.73 | -8.41 | -2.2 | 10 |
| 2030s | -2.47 | -2.47 | -2.47 | 1 |
Countries ranked near Australia
More public sector data for Australia
- Democracy, annual growth rate 0 % change on previous year (2025)
- Chief executive of the government is elected, annual growth rate 0 % change on previous year (2025)
- Elected parliament, annual growth rate 0 % change on previous year (2025)
- Men's universal right to vote, annual growth rate 0 % change on previous year (2025)
- Universal right to vote, annual growth rate 0 % change on previous year (2025)
- Universal right to vote in practice, annual growth rate 0 % change on previous year (2025)
- Arms imports 826.00 million SIPRI trend indicator values (2025)
- Arms imports (SIPRI trend indicator values), per capita 36.15 SIPRI trend indicator values per person (2024)
- Arms imports (SIPRI trend indicator values), per unit of GDP 0.0006 SIPRI trend indicator values per US$ of GDP (2024)
- Arms imports (SIPRI trend indicator values), annual growth rate 159.37 % change on previous year (2024)
Frequently asked questions
- What is cyclically adjusted balance, general government, percent of potential in Australia?
- Cyclically adjusted balance, general government, percent of potential in Australia was -2.47 in 2030, according to International Monetary Fund.
- What is the highest cyclically adjusted balance, general government, percent of potential recorded in Australia?
- The highest recorded value was 1.63 in 2006.
- What is the lowest cyclically adjusted balance, general government, percent of potential recorded in Australia?
- The lowest recorded value was -8.41 in 2020.
- How does Australia rank for cyclically adjusted balance, general government, percent of potential?
- Australia ranks 47th out of 88 countries with data for 2030.
- Is cyclically adjusted balance, general government, percent of potential rising or falling in Australia?
- Over the last ten years it is up 70.7%. The long-run trend across the full record is volatile.
- Where does this Australia data come from?
- The figures come from International Monetary Fund, published as part of Cyclically adjusted balance, General government, Percent of potential GDP. Statizoid updates them automatically from the source API.
Download this data
CSV · JSON — 39 observations, free to reuse under IMF Terms and Conditions (attribution required).
About this data
Fiscal Monitor (FM) 2025 October