Deficit, Percent of own spending in Australia
Australia: Deficit, Percent of own spending was -0.2061 in 2020. ◆ Volatile
Deficit, Percent of own spending in Australia, 1990–2020
Source: International Monetary Fund.
Analysis
The most recent figure for deficit, percent of own spending in Australia is -0.2061, measured in 2020.
That represents a change of down 4,805.6% on the previous year and down 0.7% over ten years.
Over the whole period, deficit, percent of own spending in Australia peaked at 0.1088 in 2000 and was at its lowest, -0.2101, in 1993.
Australia ranks 23rd of 66 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.
Deficit, Percent of own spending in Australia, year by year
| Year | Value | Change |
|---|---|---|
| 1990 | 0.1042 | — |
| 1991 | 0.0055 | -94.7% |
| 1992 | -0.1511 | -2839.9% |
| 1993 | -0.2101 | +39.0% |
| 1994 | -0.1962 | -6.6% |
| 1999 | 0.0293 | -115.0% |
| 2000 | 0.1088 | +270.7% |
| 2001 | 0.0451 | -58.6% |
| 2002 | -0.0226 | -150.2% |
| 2003 | 0.0425 | -287.9% |
| 2004 | 0.0425 | -0.0% |
| 2005 | 0.0657 | +54.5% |
| 2006 | 0.0927 | +41.0% |
| 2007 | 0.0888 | -4.2% |
| 2008 | 0.1046 | +17.8% |
| 2009 | -0.1216 | -216.3% |
| 2010 | -0.2046 | +68.3% |
| 2011 | -0.1963 | -4.1% |
| 2012 | -0.1581 | -19.4% |
| 2013 | -0.0755 | -52.2% |
| 2014 | -0.1095 | +45.0% |
| 2015 | -0.1273 | +16.3% |
| 2016 | -0.1137 | -10.7% |
| 2017 | -0.0885 | -22.1% |
| 2018 | -0.0251 | -71.6% |
| 2019 | -0.0042 | -83.3% |
| 2020 | -0.2061 | +4805.6% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1990s | -0.0697 | -0.2101 | 0.1042 | 6 |
| 2000s | 0.0446 | -0.1216 | 0.1088 | 10 |
| 2010s | -0.1103 | -0.2046 | -0.0042 | 10 |
| 2020s | -0.2061 | -0.2061 | -0.2061 | 1 |
Countries ranked near Australia
More public sector data for Australia
- Arms imports 983.00 million SIPRI trend indicator values (2024)
- 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)
- Arms imports (SIPRI trend indicator values), gaps filled 983.00 million SIPRI trend indicator values (2024)
- Military expenditure (current USD), per capita 1,244 current USD per person (2024)
- Military expenditure (current USD), per unit of GDP 0.0192 current USD per US$ of GDP (2024)
- Military expenditure (current USD), annual growth rate 4.42 % change on previous year (2024)
- Military expenditure (current USD), gaps filled 33.82 billion current USD (2024)
- Arms imports (SIPRI trend indicator values), per square kilometre 49.27 SIPRI trend indicator values per square kilometre (2023)
Frequently asked questions
- What is deficit, percent of own spending in Australia?
- Deficit, percent of own spending in Australia was -0.2061 in 2020, according to International Monetary Fund.
- What is the highest deficit, percent of own spending recorded in Australia?
- The highest recorded value was 0.1088 in 2000.
- What is the lowest deficit, percent of own spending recorded in Australia?
- The lowest recorded value was -0.2101 in 1993.
- How does Australia rank for deficit, percent of own spending?
- Australia ranks 23rd out of 66 countries with data for 2020.
- Is deficit, percent of own spending rising or falling in Australia?
- Over the last ten years it is down 0.7%. 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 Deficit, Percent of own spending (Central government). Statizoid updates them automatically from the source API.
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About this data
The Fiscal Decentralization dataset includes fiscal decentralization indicators for a sample of IMF member countries. The following indicators are included in the dataset: Revenue and Expenditure Decentralization Shares; Transfer dependency and Vertical Fiscal Imbalances; Deficit and Debt; Allocation of expenditure (economic classification); Allocation of expenditure (functional classification); Allocation of non-Tax Revenues; and Allocation of Taxes.