Expenditure, General government, Domestic currency (9/26/2025) in Australia
Australia: Expenditure, General government, Domestic currency (9/26/2025) was 1.40 trillion in 2031. ◆ Volatile
Expenditure, General government, Domestic currency in Australia, 1988–2031
Source: International Monetary Fund.
Analysis
In 2031, expenditure, general government, domestic currency in Australia stood at 1.40 trillion. That is the highest value across all 44 years on record.
The figure is up 4.5% on the previous year and up 52.5% over ten years.
Over the whole period, expenditure, general government, domestic currency in Australia peaked at 1.40 trillion in 2031 and was at its lowest, 106.06 billion, in 1988.
That places Australia 13th out of 26 countries with data for 2031, putting it in the middle of the range.
The series is highly variable year to year, so single readings are best treated with caution.
Expenditure, General government, Domestic currency (9/26/2025) in Australia, year by year
| Year | Value | Change |
|---|---|---|
| 1988 | 106.06 billion | — |
| 1989 | 115.21 billion | +8.6% |
| 1990 | 126.45 billion | +9.8% |
| 1991 | 137.67 billion | +8.9% |
| 1992 | 147.30 billion | +7.0% |
| 1993 | 155.19 billion | +5.4% |
| 1994 | 162.96 billion | +5.0% |
| 1995 | 172.24 billion | +5.7% |
| 1996 | 181.94 billion | +5.6% |
| 1997 | 188.07 billion | +3.4% |
| 1998 | 209.98 billion | +11.7% |
| 1999 | 231.22 billion | +10.1% |
| 2000 | 242.07 billion | +4.7% |
| 2001 | 260.19 billion | +7.5% |
| 2002 | 273.16 billion | +5.0% |
| 2003 | 289.80 billion | +6.1% |
| 2004 | 311.55 billion | +7.5% |
| 2005 | 333.39 billion | +7.0% |
| 2006 | 359.17 billion | +7.7% |
| 2007 | 388.67 billion | +8.2% |
| 2008 | 433.35 billion | +11.5% |
| 2009 | 477.50 billion | +10.2% |
| 2010 | 504.18 billion | +5.6% |
| 2011 | 533.09 billion | +5.7% |
| 2012 | 553.46 billion | +3.8% |
| 2013 | 570.73 billion | +3.1% |
| 2014 | 593.10 billion | +3.9% |
| 2015 | 610.92 billion | +3.0% |
| 2016 | 633.00 billion | +3.6% |
| 2017 | 662.43 billion | +4.6% |
| 2018 | 698.49 billion | +5.4% |
| 2019 | 775.73 billion | +11.1% |
| 2020 | 877.11 billion | +13.1% |
| 2021 | 920.03 billion | +4.9% |
| 2022 | 932.57 billion | +1.4% |
| 2023 | 984.36 billion | +5.6% |
| 2024 | 1.06 trillion | +7.2% |
| 2025 | 1.13 trillion | +6.7% |
| 2026 | 1.18 trillion | +4.6% |
| 2027 | 1.20 trillion | +2.2% |
| 2028 | 1.24 trillion | +3.1% |
| 2029 | 1.29 trillion | +3.8% |
| 2030 | 1.34 trillion | +4.2% |
| 2031 | 1.40 trillion | +4.5% |
Australia compared with similar countries
- Australia's 1.40 trillion is above the median for high income countries, which is 948.78 billion, 1.5× the median. (13 countries reporting)
- Australia's 1.40 trillion is above the median for East Asia & Pacific, which is 1.40 trillion, 1.0× the median. (7 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1980s | 110.63 billion | 106.06 billion | 115.21 billion | 2 |
| 1990s | 171.30 billion | 126.45 billion | 231.22 billion | 10 |
| 2000s | 336.88 billion | 242.07 billion | 477.50 billion | 10 |
| 2010s | 613.51 billion | 504.18 billion | 775.73 billion | 10 |
| 2020s | 1.08 trillion | 877.11 billion | 1.29 trillion | 10 |
| 2030s | 1.37 trillion | 1.34 trillion | 1.40 trillion | 2 |
Countries ranked near Australia
- 10 Poland 2.63 trillion compare
- 11 Dominican Republic 2.37 trillion compare
- 12 Saudi Arabia 1.62 trillion compare
- 14 Spain 998.82 billion compare
- 15 Hong Kong 948.78 billion compare
- 16 United Arab Emirates 730.07 billion compare
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 expenditure, general government, domestic currency in Australia?
- Expenditure, general government, domestic currency in Australia was 1.40 trillion in 2031, according to International Monetary Fund.
- What is the highest expenditure, general government, domestic currency recorded in Australia?
- The highest recorded value was 1.40 trillion in 2031.
- What is the lowest expenditure, general government, domestic currency recorded in Australia?
- The lowest recorded value was 106.06 billion in 1988.
- How does Australia rank for expenditure, general government, domestic currency?
- Australia ranks 13th out of 26 countries with data for 2031.
- Is expenditure, general government, domestic currency rising or falling in Australia?
- Over the last ten years it is up 52.5%. 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 Expenditure, General government, Domestic currency (9/26/2025). Statizoid updates them automatically from the source API.
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About this data
The World Economic Outlook (WEO) database is created during the biannual WEO exercise, which begins in January and June of each year and results in the April and September/October WEO publication. Selected series from the publication are available in a database format.