Economic affairs, Ratio of this level of government's expenditure on in Australia
Australia: Economic affairs, Ratio of this level of government's expenditure on was 0.5624 in 2020. ▲ Rising
Economic affairs, Ratio of this level of government's expenditure on in Australia, 1999–2020
Source: International Monetary Fund.
Analysis
The most recent figure for economic affairs, ratio of this level of government's expenditure on in Australia is 0.5624, measured in 2020. That is the highest value across all 22 years on record.
The figure is up 65.5% on the previous year and up 28.0% over ten years.
Over the whole period, economic affairs, ratio of this level of government's expenditure on in Australia peaked at 0.5624 in 2020 and was at its lowest, 0.263, in 2001.
Australia ranks 54th of 60 countries on this measure, in the bottom quarter.
The long-run direction has been consistently rising across the 22 years of available data.
Economic affairs, Ratio of this level of government's expenditure on in Australia, year by year
| Year | Value | Change |
|---|---|---|
| 1999 | 0.3024 | — |
| 2000 | 0.286 | -5.4% |
| 2001 | 0.263 | -8.1% |
| 2002 | 0.3849 | +46.4% |
| 2003 | 0.3546 | -7.9% |
| 2004 | 0.3434 | -3.2% |
| 2005 | 0.368 | +7.2% |
| 2006 | 0.3583 | -2.6% |
| 2007 | 0.3495 | -2.4% |
| 2008 | 0.3695 | +5.7% |
| 2009 | 0.3943 | +6.7% |
| 2010 | 0.4393 | +11.4% |
| 2011 | 0.3732 | -15.0% |
| 2012 | 0.4594 | +23.1% |
| 2013 | 0.36 | -21.6% |
| 2014 | 0.436 | +21.1% |
| 2015 | 0.4217 | -3.3% |
| 2016 | 0.3983 | -5.5% |
| 2017 | 0.3784 | -5.0% |
| 2018 | 0.3639 | -3.8% |
| 2019 | 0.3398 | -6.6% |
| 2020 | 0.5624 | +65.5% |
Australia compared with similar countries
- Australia's 0.5624 is below the median for high income countries, which is 0.7843, 72% of the median. (36 countries reporting)
- Australia's 0.5624 is below the median for East Asia & Pacific, which is 0.8148, 69% of the median. (8 countries reporting)
Biggest year-on-year movements
Years where Economic affairs, Ratio of this level of government's expenditure on 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 |
|---|---|---|---|
| 2020 | +65.5% | 0.3398 | 0.5624 |
| 2002 | +46.4% | 0.263 | 0.3849 |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1990s | 0.3024 | 0.3024 | 0.3024 | 1 |
| 2000s | 0.3472 | 0.263 | 0.3943 | 10 |
| 2010s | 0.397 | 0.3398 | 0.4594 | 10 |
| 2020s | 0.5624 | 0.5624 | 0.5624 | 1 |
Countries ranked near Australia
- 51 Switzerland 0.6197 compare
- 52 El Salvador 0.6186 compare
- 53 South Africa 0.5666 compare
- 55 Croatia 0.5572 compare
- 56 Spain 0.4384 compare
- 57 Germany 0.4185 compare
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 economic affairs, ratio of this level of government's expenditure on in Australia?
- Economic affairs, ratio of this level of government's expenditure on in Australia was 0.5624 in 2020, according to International Monetary Fund.
- What is the highest economic affairs, ratio of this level of government's expenditure on recorded in Australia?
- The highest recorded value was 0.5624 in 2020.
- What is the lowest economic affairs, ratio of this level of government's expenditure on recorded in Australia?
- The lowest recorded value was 0.263 in 2001.
- How does Australia rank for economic affairs, ratio of this level of government's expenditure on?
- Australia ranks 54th out of 60 countries with data for 2020.
- Is economic affairs, ratio of this level of government's expenditure on rising or falling in Australia?
- Over the last ten years it is up 28.0%. The long-run trend across the full record is rising.
- Where does this Australia data come from?
- The figures come from International Monetary Fund, published as part of Economic affairs, Ratio of this level of government's expenditure on this item to total general government expenditure on this, Percent (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.