Tax revenue (current LCU), per unit of GDP in Australia
Australia: Tax revenue (current LCU), per unit of GDP was 0.3247 current LCU per US$ of GDP in 2022. ▲ Rising
Tax revenue (current LCU), per unit of GDP in Australia, 1972–2022
Source: Statizoid (derived). Measured in current LCU per US$ of GDP.
Analysis
The most recent figure for tax revenue (current lcu), per unit of gdp in Australia is 0.3247 current LCU per US$ of GDP, measured in 2022.
That represents a change of up 5.4% on the previous year and up 59.2% over ten years.
Over the whole period, tax revenue (current lcu), per unit of gdp in Australia peaked at 0.4623 current LCU per US$ of GDP in 2001 and was at its lowest, 0.1224 current LCU per US$ of GDP, in 1974.
That places Australia 112th out of 157 countries with data for 2022, putting it in the middle of the range.
The long-run direction has been consistently rising across the 51 years of available data.
Tax revenue (current LCU), per unit of GDP in Australia, year by year
| Year | current LCU per US$ of GDP | Change |
|---|---|---|
| 1972 | 0.1525 current LCU per US$ of GDP | — |
| 1973 | 0.1326 current LCU per US$ of GDP | -13.0% |
| 1974 | 0.1224 current LCU per US$ of GDP | -7.8% |
| 1975 | 0.1453 current LCU per US$ of GDP | +18.8% |
| 1976 | 0.1608 current LCU per US$ of GDP | +10.7% |
| 1977 | 0.1788 current LCU per US$ of GDP | +11.2% |
| 1978 | 0.1807 current LCU per US$ of GDP | +1.1% |
| 1979 | 0.1738 current LCU per US$ of GDP | -3.8% |
| 1980 | 0.1829 current LCU per US$ of GDP | +5.3% |
| 1981 | 0.1846 current LCU per US$ of GDP | +0.9% |
| 1982 | 0.1953 current LCU per US$ of GDP | +5.8% |
| 1983 | 0.2317 current LCU per US$ of GDP | +18.6% |
| 1984 | 0.2318 current LCU per US$ of GDP | +0.0% |
| 1985 | 0.2929 current LCU per US$ of GDP | +26.4% |
| 1986 | 0.322 current LCU per US$ of GDP | +10.0% |
| 1987 | 0.3503 current LCU per US$ of GDP | +8.8% |
| 1988 | 0.3175 current LCU per US$ of GDP | -9.4% |
| 1989 | 0.2777 current LCU per US$ of GDP | -12.5% |
| 1990 | 0.2911 current LCU per US$ of GDP | +4.8% |
| 1991 | 0.2841 current LCU per US$ of GDP | -2.4% |
| 1992 | 0.268 current LCU per US$ of GDP | -5.7% |
| 1993 | 0.284 current LCU per US$ of GDP | +6.0% |
| 1994 | 0.2888 current LCU per US$ of GDP | +1.7% |
| 1995 | 0.2845 current LCU per US$ of GDP | -1.5% |
| 1996 | 0.2878 current LCU per US$ of GDP | +1.2% |
| 1997 | 0.2855 current LCU per US$ of GDP | -0.8% |
| 1998 | 0.3272 current LCU per US$ of GDP | +14.6% |
| 1999 | 0.3571 current LCU per US$ of GDP | +9.1% |
| 2000 | 0.366 current LCU per US$ of GDP | +2.5% |
| 2001 | 0.4623 current LCU per US$ of GDP | +26.3% |
| 2002 | 0.4493 current LCU per US$ of GDP | -2.8% |
| 2003 | 0.4165 current LCU per US$ of GDP | -7.3% |
| 2004 | 0.3405 current LCU per US$ of GDP | -18.3% |
| 2005 | 0.3288 current LCU per US$ of GDP | -3.4% |
| 2006 | 0.3268 current LCU per US$ of GDP | -0.6% |
| 2007 | 0.3056 current LCU per US$ of GDP | -6.5% |
| 2008 | 0.2698 current LCU per US$ of GDP | -11.7% |
| 2009 | 0.2981 current LCU per US$ of GDP | +10.5% |
| 2010 | 0.2317 current LCU per US$ of GDP | -22.3% |
| 2011 | 0.2055 current LCU per US$ of GDP | -11.3% |
| 2012 | 0.2039 current LCU per US$ of GDP | -0.8% |
| 2013 | 0.213 current LCU per US$ of GDP | +4.5% |
| 2014 | 0.2375 current LCU per US$ of GDP | +11.5% |
| 2015 | 0.2618 current LCU per US$ of GDP | +10.3% |
| 2016 | 0.3048 current LCU per US$ of GDP | +16.4% |
| 2017 | 0.292 current LCU per US$ of GDP | -4.2% |
| 2018 | 0.2983 current LCU per US$ of GDP | +2.2% |
| 2019 | 0.326 current LCU per US$ of GDP | +9.3% |
| 2020 | 0.3358 current LCU per US$ of GDP | +3.0% |
| 2021 | 0.3082 current LCU per US$ of GDP | -8.2% |
| 2022 | 0.3247 current LCU per US$ of GDP | +5.4% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1970s | 0.1559 current LCU per US$ of GDP | 0.1224 current LCU per US$ of GDP | 0.1807 current LCU per US$ of GDP | 8 |
| 1980s | 0.2587 current LCU per US$ of GDP | 0.1829 current LCU per US$ of GDP | 0.3503 current LCU per US$ of GDP | 10 |
| 1990s | 0.2958 current LCU per US$ of GDP | 0.268 current LCU per US$ of GDP | 0.3571 current LCU per US$ of GDP | 10 |
| 2000s | 0.3564 current LCU per US$ of GDP | 0.2698 current LCU per US$ of GDP | 0.4623 current LCU per US$ of GDP | 10 |
| 2010s | 0.2575 current LCU per US$ of GDP | 0.2039 current LCU per US$ of GDP | 0.326 current LCU per US$ of GDP | 10 |
| 2020s | 0.3229 current LCU per US$ of GDP | 0.3082 current LCU per US$ of GDP | 0.3358 current LCU per US$ of GDP | 3 |
Countries ranked near Australia
- 109 Saint Kitts and Nevis 0.4061 current LCU per US$ of GDP compare
- 110 Bosnia and Herzegovina 0.3655 current LCU per US$ of GDP compare
- 111 Naoero 0.3267 current LCU per US$ of GDP compare
- 113 Tunisia 0.3142 current LCU per US$ of GDP compare
- 114 Saudi Arabia 0.3034 current LCU per US$ of GDP compare
- 115 Azerbaijan 0.2941 current LCU per US$ of GDP 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 tax revenue (current lcu), per unit of gdp in Australia?
- Tax revenue (current lcu), per unit of gdp in Australia was 0.3247 current LCU per US$ of GDP in 2022, according to Statizoid (derived).
- What is the highest tax revenue (current lcu), per unit of gdp recorded in Australia?
- The highest recorded value was 0.4623 current LCU per US$ of GDP in 2001.
- What is the lowest tax revenue (current lcu), per unit of gdp recorded in Australia?
- The lowest recorded value was 0.1224 current LCU per US$ of GDP in 1974.
- How does Australia rank for tax revenue (current lcu), per unit of gdp?
- Australia ranks 112th out of 157 countries with data for 2022.
- Is tax revenue (current lcu), per unit of gdp rising or falling in Australia?
- Over the last ten years it is up 59.2%. The long-run trend across the full record is rising.
- Where does this Australia data come from?
- The figures come from Statizoid (derived), published as part of Tax revenue (current LCU), per unit of GDP. Statizoid updates them automatically from the source API.
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How this figure is calculated
Tax revenue (current LCU) divided by GDP (current US$), matched on country and year. Neither publisher issues this ratio as a series; it is computed here from both.
Tax revenue (current LCU) ÷ GDP (current US$)
Computed from
- Tax revenue Government Finance Statistics Yearbook and data files, International Monetary Fund (IMF)
- GDP Country official statistics, National Statistical Organizations and/or Central Banks
Statizoid computes this series; the underlying measurements belong to the publishers named above. The arithmetic is applied to every country and year where both inputs report, and nothing is estimated unless the page says so.
About this data
Tax revenue (current LCU) divided by GDP (current US$), matched on country and year. Neither publisher issues this ratio as a series; it is computed here from both.