Goods and services expense in Australia
Australia: Goods and services expense was 10.8% in 2022. ◆ Volatile
Goods and services expense in Australia, 1990–2022
Source: Government Finance Statistics Yearbook and data files, International Monetary Fund (IMF). Measured in % of expense.
Analysis
Australia recorded 10.8% for goods and services expense in 2022.
That represents a change of up 19.7% on the previous year and up 6.2% over ten years.
Over the whole period, goods and services expense in Australia peaked at 30.6% in 1998 and was at its lowest, 9.0%, in 2021.
That places Australia 99th out of 154 countries with data for 2022, putting it in the middle of the range.
The series is highly variable year to year, so single readings are best treated with caution.
Goods and services expense in Australia, year by year
| Year | % of expense | Change |
|---|---|---|
| 1990 | 26.2% | — |
| 1991 | 25.7% | -1.9% |
| 1992 | 25.5% | -0.9% |
| 1993 | 25.3% | -0.8% |
| 1994 | 25.3% | -0.1% |
| 1995 | 26.8% | +6.1% |
| 1996 | 27.2% | +1.3% |
| 1997 | 27.4% | +0.9% |
| 1998 | 30.6% | +11.9% |
| 1999 | 9.2% | -69.9% |
| 2000 | 10.6% | +14.8% |
| 2001 | 9.8% | -7.5% |
| 2002 | 9.6% | -2.0% |
| 2003 | 10.0% | +4.5% |
| 2004 | 9.9% | -0.9% |
| 2005 | 10.2% | +3.0% |
| 2006 | 10.5% | +2.3% |
| 2007 | 11.0% | +5.4% |
| 2008 | 10.8% | -2.3% |
| 2009 | 9.9% | -8.0% |
| 2010 | 9.9% | -0.3% |
| 2011 | 9.9% | -0.2% |
| 2012 | 10.1% | +2.6% |
| 2013 | 10.0% | -1.6% |
| 2014 | 10.0% | +0.4% |
| 2015 | 10.1% | +0.4% |
| 2016 | 10.2% | +1.8% |
| 2017 | 10.3% | +0.8% |
| 2018 | 10.3% | -0.5% |
| 2019 | 10.8% | +4.9% |
| 2020 | 9.8% | -9.3% |
| 2021 | 9.0% | -7.9% |
| 2022 | 10.8% | +19.7% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1990s | 24.9% | 9.2% | 30.6% | 10 |
| 2000s | 10.2% | 9.6% | 11.0% | 10 |
| 2010s | 10.2% | 9.9% | 10.8% | 10 |
| 2020s | 9.8% | 9.0% | 10.8% | 3 |
Countries ranked near Australia
- 96 Kyrgyzstan 11.5% compare
- 97 South Africa 11.5% compare
- 98 Latvia 11.0% compare
- 100 Iran, Islamic Republic of 10.7% compare
- 101 Slovenia 10.7% compare
- 102 Croatia 10.6% 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 goods and services expense in Australia?
- Goods and services expense in Australia was 10.8% in 2022, according to Government Finance Statistics Yearbook and data files, International Monetary Fund (IMF).
- What is the highest goods and services expense recorded in Australia?
- The highest recorded value was 30.6% in 1998.
- What is the lowest goods and services expense recorded in Australia?
- The lowest recorded value was 9.0% in 2021.
- How does Australia rank for goods and services expense?
- Australia ranks 99th out of 154 countries with data for 2022.
- Is goods and services expense rising or falling in Australia?
- Over the last ten years it is up 6.2%. The long-run trend across the full record is volatile.
- Where does this Australia data come from?
- The figures come from Government Finance Statistics Yearbook and data files, International Monetary Fund (IMF), published as part of Goods and services expense (% of expense). Statizoid updates them automatically from the source API.
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About this data
Goods and services include all government payments in exchange for goods and services used for the production of market and nonmarket goods and services. Use of goods and services for own account capital formation is excluded. This indicator is expressed as percentage of total expenses which is any decrease in net worth resulting from a transaction.