Other expense in Australia
Australia: Other expense was 47.51 billion current LCU in 2022. ◆ Volatile
Other expense in Australia, 1990–2022
Source: Government Finance Statistics Yearbook and data files, International Monetary Fund (IMF). Measured in current LCU.
Analysis
Australia recorded 47.51 billion current LCU for other expense in 2022. That is the highest value across all 29 years on record.
That represents a change of up 7.0% on the previous year and up 39.3% over ten years.
Over the whole period, other expense in Australia peaked at 47.51 billion current LCU in 2022 and was at its lowest, 244.00 million current LCU, in 1994.
That places Australia 57th out of 149 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.
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1990s | 1.69 billion current LCU | 244.00 million current LCU | 8.02 billion current LCU | 6 |
| 2000s | 18.28 billion current LCU | 9.70 billion current LCU | 25.09 billion current LCU | 10 |
| 2010s | 35.36 billion current LCU | 29.81 billion current LCU | 42.02 billion current LCU | 10 |
| 2020s | 45.12 billion current LCU | 43.44 billion current LCU | 47.51 billion current LCU | 3 |
Countries ranked near Australia
More public sector data for Australia
- Arms imports 983.00 million SIPRI trend indicator values (2024)
- Tax revenue 23.6% (2022)
- Taxes on income, profits and capital gains 67.9% (2022)
- Taxes on goods and services 17.8% (2022)
- Net investment in nonfinancial assets 0.8% (2022)
- Net lending (+) / net borrowing (-) -1.3% (2022)
- Interest payments 3.1% (2022)
- Grants and other revenue 11.5% (2022)
- Interest payments 3.0% (2022)
- Other taxes 0.2% (2022)
Frequently asked questions
- What is other expense in Australia?
- Other expense in Australia was 47.51 billion current LCU in 2022, according to Government Finance Statistics Yearbook and data files, International Monetary Fund (IMF).
- What is the highest other expense recorded in Australia?
- The highest recorded value was 47.51 billion current LCU in 2022.
- What is the lowest other expense recorded in Australia?
- The lowest recorded value was 244.00 million current LCU in 1994.
- How does Australia rank for other expense?
- Australia ranks 57th out of 149 countries with data for 2022.
- Is other expense rising or falling in Australia?
- Over the last ten years it is up 39.3%. 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 Other expense (current LCU). Statizoid updates them automatically from the source API.
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About this data
Other expense is spending on dividends, rent, and other miscellaneous expenses, including provision for consumption of fixed capital. This indicator is expressed in current prices, meaning no adjustment has been made to account for price changes over time. This series is expressed in local currency units.