Taxes on goods and services (current LCU) in Australia
Australia: Taxes on goods and services (current LCU) was 110.61 billion current LCU in 2022. ◆ Volatile
Taxes on goods and services in Australia, 1972–2022
Source: Government Finance Statistics Yearbook and data files, International Monetary Fund (IMF). Measured in current LCU.
Analysis
Australia recorded 110.61 billion current LCU for taxes on goods and services in 2022. That is the highest value across all 51 years on record.
Compared with earlier readings it is up 1.1% on the previous year and up 41.5% over ten years.
Over the whole period, taxes on goods and services in Australia peaked at 110.61 billion current LCU in 2022 and was at its lowest, 1.99 billion current LCU, in 1972.
Australia ranks 76th of 157 countries on this measure, in the middle of the range.
The series is highly variable year to year, so single readings are best treated with caution.
Taxes on goods and services (current LCU) in Australia, year by year
| Year | current LCU | Change |
|---|---|---|
| 1972 | 1.99 billion current LCU | — |
| 1973 | 2.14 billion current LCU | +7.7% |
| 1974 | 2.66 billion current LCU | +23.9% |
| 1975 | 3.00 billion current LCU | +12.8% |
| 1976 | 3.89 billion current LCU | +29.7% |
| 1977 | 4.29 billion current LCU | +10.2% |
| 1978 | 4.70 billion current LCU | +9.7% |
| 1979 | 5.87 billion current LCU | +24.9% |
| 1980 | 7.14 billion current LCU | +21.7% |
| 1981 | 8.30 billion current LCU | +16.2% |
| 1982 | 9.22 billion current LCU | +11.2% |
| 1983 | 10.85 billion current LCU | +17.6% |
| 1984 | 12.74 billion current LCU | +17.5% |
| 1985 | 14.50 billion current LCU | +13.8% |
| 1986 | 15.90 billion current LCU | +9.7% |
| 1987 | 17.03 billion current LCU | +7.1% |
| 1988 | 18.93 billion current LCU | +11.2% |
| 1989 | 19.84 billion current LCU | +4.8% |
| 1990 | 21.18 billion current LCU | +6.8% |
| 1991 | 21.34 billion current LCU | +0.8% |
| 1992 | 19.49 billion current LCU | -8.7% |
| 1993 | 19.70 billion current LCU | +1.1% |
| 1994 | 22.17 billion current LCU | +12.5% |
| 1995 | 24.65 billion current LCU | +11.2% |
| 1996 | 26.88 billion current LCU | +9.1% |
| 1997 | 27.61 billion current LCU | +2.7% |
| 1998 | 28.75 billion current LCU | +4.1% |
| 1999 | 30.13 billion current LCU | +4.8% |
| 2000 | 30.74 billion current LCU | +2.0% |
| 2001 | 46.52 billion current LCU | +51.3% |
| 2002 | 50.04 billion current LCU | +7.6% |
| 2003 | 55.21 billion current LCU | +10.3% |
| 2004 | 58.18 billion current LCU | +5.4% |
| 2005 | 60.52 billion current LCU | +4.0% |
| 2006 | 63.72 billion current LCU | +5.3% |
| 2007 | 66.73 billion current LCU | +4.7% |
| 2008 | 70.88 billion current LCU | +6.2% |
| 2009 | 70.12 billion current LCU | -1.1% |
| 2010 | 74.18 billion current LCU | +5.8% |
| 2011 | 77.41 billion current LCU | +4.3% |
| 2012 | 78.15 billion current LCU | +1.0% |
| 2013 | 86.71 billion current LCU | +11.0% |
| 2014 | 91.66 billion current LCU | +5.7% |
| 2015 | 84.99 billion current LCU | -7.3% |
| 2016 | 89.41 billion current LCU | +5.2% |
| 2017 | 92.61 billion current LCU | +3.6% |
| 2018 | 98.17 billion current LCU | +6.0% |
| 2019 | 100.09 billion current LCU | +2.0% |
| 2020 | 98.48 billion current LCU | -1.6% |
| 2021 | 109.35 billion current LCU | +11.0% |
| 2022 | 110.61 billion current LCU | +1.1% |
Australia compared with similar countries
- Australia's 110.61 billion current LCU is above the median for high income countries, which is 39.13 billion current LCU, 2.8× the median. (57 countries reporting)
- Australia's 110.61 billion current LCU is above the median for East Asia & Pacific, which is 34.13 billion current LCU, 3.2× the median. (26 countries reporting)
Biggest year-on-year movements
Years where Taxes on goods and services (current LCU) 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 |
|---|---|---|---|
| 2001 | +51.3% | 30.74 billion current LCU | 46.52 billion current LCU |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1970s | 3.57 billion current LCU | 1.99 billion current LCU | 5.87 billion current LCU | 8 |
| 1980s | 13.45 billion current LCU | 7.14 billion current LCU | 19.84 billion current LCU | 10 |
| 1990s | 24.19 billion current LCU | 19.49 billion current LCU | 30.13 billion current LCU | 10 |
| 2000s | 57.26 billion current LCU | 30.74 billion current LCU | 70.88 billion current LCU | 10 |
| 2010s | 87.34 billion current LCU | 74.18 billion current LCU | 100.09 billion current LCU | 10 |
| 2020s | 106.14 billion current LCU | 98.48 billion current LCU | 110.61 billion current LCU | 3 |
Countries ranked near Australia
- 73 Mozambique 121.71 billion current LCU compare
- 74 Netherlands 116.90 billion current LCU compare
- 75 North Macedonia 115.06 billion current LCU compare
- 77 United States 108.24 billion current LCU compare
- 78 Macao 96.35 billion current LCU compare
- 79 Mauritius 91.64 billion current LCU 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)
- Universal right to vote in practice, annual growth rate 0 % change on previous year (2025)
- Elected parliament, annual growth rate 0 % change on previous year (2025)
- Universal right to vote, annual growth rate 0 % change on previous year (2025)
- Men's universal right to vote, annual growth rate 0 % change on previous year (2025)
- Democracy 7 (2025)
- Chief executive of the government is elected 1 (2025)
- Elected parliament 1 (2025)
- Men's universal right to vote 1 (2025)
Frequently asked questions
- What is taxes on goods and services in Australia?
- Taxes on goods and services in Australia was 110.61 billion current LCU in 2022, according to Government Finance Statistics Yearbook and data files, International Monetary Fund (IMF).
- What is the highest taxes on goods and services recorded in Australia?
- The highest recorded value was 110.61 billion current LCU in 2022.
- What is the lowest taxes on goods and services recorded in Australia?
- The lowest recorded value was 1.99 billion current LCU in 1972.
- How does Australia rank for taxes on goods and services?
- Australia ranks 76th out of 157 countries with data for 2022.
- Is taxes on goods and services rising or falling in Australia?
- Over the last ten years it is up 41.5%. 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 Taxes on goods and services (current LCU). Statizoid updates them automatically from the source API.
Download this data
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About this data
General taxes on goods and services are taxes levied on the production, leasing, delivery, sale, purchase or other change of ownership of a wide range of goods and the provision of a wide range of services. 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.