Subsidies, payable, Ratio of this level of government's expenditure in Australia
Australia: Subsidies, payable, Ratio of this level of government's expenditure was 0.8313 in 2020. ▲ Rising
Subsidies, payable, Ratio of this level of government's expenditure in Australia, 1999–2020
Source: International Monetary Fund.
Analysis
Australia recorded 0.8313 for subsidies, payable, ratio of this level of government's expenditure in 2020. That is the highest value across all 22 years on record.
The figure is up 49.4% on the previous year and up 61.5% over ten years.
Over the whole period, subsidies, payable, ratio of this level of government's expenditure in Australia peaked at 0.8313 in 2020 and was at its lowest, 0.3366, in 2000.
That places Australia 37th out of 75 countries with data for 2020, putting it in the middle of the range.
The long-run direction has been consistently rising across the 22 years of available data.
Subsidies, payable, Ratio of this level of government's expenditure in Australia, year by year
| Year | Value | Change |
|---|---|---|
| 1999 | 0.3526 | — |
| 2000 | 0.3366 | -4.5% |
| 2001 | 0.4753 | +41.2% |
| 2002 | 0.5134 | +8.0% |
| 2003 | 0.5234 | +1.9% |
| 2004 | 0.5045 | -3.6% |
| 2005 | 0.5362 | +6.3% |
| 2006 | 0.4873 | -9.1% |
| 2007 | 0.4803 | -1.4% |
| 2008 | 0.483 | +0.6% |
| 2009 | 0.4817 | -0.3% |
| 2010 | 0.5146 | +6.8% |
| 2011 | 0.5145 | -0.0% |
| 2012 | 0.5521 | +7.3% |
| 2013 | 0.6239 | +13.0% |
| 2014 | 0.6562 | +5.2% |
| 2015 | 0.5999 | -8.6% |
| 2016 | 0.5986 | -0.2% |
| 2017 | 0.5988 | +0.0% |
| 2018 | 0.5726 | -4.4% |
| 2019 | 0.5562 | -2.9% |
| 2020 | 0.8313 | +49.4% |
Australia compared with similar countries
- Australia's 0.8313 is above the median for high income countries, which is 0.7517, 1.1× the median. (42 countries reporting)
- Australia's 0.8313 is below the median for East Asia & Pacific, which is 0.979, 85% of the median. (9 countries reporting)
Biggest year-on-year movements
Years where Subsidies, payable, Ratio of this level of government's expenditure 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 | +49.4% | 0.5562 | 0.8313 |
| 2001 | +41.2% | 0.3366 | 0.4753 |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1990s | 0.3526 | 0.3526 | 0.3526 | 1 |
| 2000s | 0.4822 | 0.3366 | 0.5362 | 10 |
| 2010s | 0.5788 | 0.5145 | 0.6562 | 10 |
| 2020s | 0.8313 | 0.8313 | 0.8313 | 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 subsidies, payable, ratio of this level of government's expenditure in Australia?
- Subsidies, payable, ratio of this level of government's expenditure in Australia was 0.8313 in 2020, according to International Monetary Fund.
- What is the highest subsidies, payable, ratio of this level of government's expenditure recorded in Australia?
- The highest recorded value was 0.8313 in 2020.
- What is the lowest subsidies, payable, ratio of this level of government's expenditure recorded in Australia?
- The lowest recorded value was 0.3366 in 2000.
- How does Australia rank for subsidies, payable, ratio of this level of government's expenditure?
- Australia ranks 37th out of 75 countries with data for 2020.
- Is subsidies, payable, ratio of this level of government's expenditure rising or falling in Australia?
- Over the last ten years it is up 61.5%. 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 Subsidies, payable, 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.