Taxes on income, profits and capital gains (current LCU) in Australia
Australia: Taxes on income, profits and capital gains (current LCU) was 422.00 billion current LCU in 2022. ◆ Volatile
Latest (2022)
422.00 billion current LCU
Change on year
up 19.9%
World rank
52nd
of 153 countries
All-time high
422.00 billion current LCU
in 2022
All-time low
5.30 billion current LCU
in 1972
Years of data
51
1972–2022
Taxes on income, profits and capital gains in Australia, 1972–2022
Source: Government Finance Statistics Yearbook and data files, International Monetary Fund (IMF). Measured in current LCU.
Analysis
In 2022, taxes on income, profits and capital gains in Australia stood at 422.00 billion current LCU. That is the highest value across all 51 years on record.
The figure is up 19.9% on the previous year and up 82.8% over ten years.
Over the whole period, taxes on income, profits and capital gains in Australia peaked at 422.00 billion current LCU in 2022 and was at its lowest, 5.30 billion current LCU, in 1972.
Australia ranks 52nd of 153 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 income, profits and capital gains (current LCU) in Australia, year by year
| Year | current LCU | Change |
|---|---|---|
| 1972 | 5.30 billion current LCU | — |
| 1973 | 5.72 billion current LCU | +7.9% |
| 1974 | 7.52 billion current LCU | +31.5% |
| 1975 | 10.16 billion current LCU | +35.1% |
| 1976 | 11.83 billion current LCU | +16.5% |
| 1977 | 13.97 billion current LCU | +18.1% |
| 1978 | 15.34 billion current LCU | +9.8% |
| 1979 | 15.95 billion current LCU | +4.0% |
| 1980 | 18.59 billion current LCU | +16.6% |
| 1981 | 22.40 billion current LCU | +20.5% |
| 1982 | 26.48 billion current LCU | +18.2% |
| 1983 | 28.07 billion current LCU | +6.0% |
| 1984 | 29.65 billion current LCU | +5.6% |
| 1985 | 35.33 billion current LCU | +19.2% |
| 1986 | 39.44 billion current LCU | +11.6% |
| 1987 | 45.43 billion current LCU | +15.2% |
| 1988 | 51.37 billion current LCU | +13.1% |
| 1989 | 58.56 billion current LCU | +14.0% |
| 1990 | 64.33 billion current LCU | +9.9% |
| 1991 | 66.67 billion current LCU | +3.6% |
| 1992 | 63.06 billion current LCU | -5.4% |
| 1993 | 64.24 billion current LCU | +1.9% |
| 1994 | 66.39 billion current LCU | +3.3% |
| 1995 | 73.89 billion current LCU | +11.3% |
| 1996 | 82.61 billion current LCU | +11.8% |
| 1997 | 90.44 billion current LCU | +9.5% |
| 1998 | 95.36 billion current LCU | +5.5% |
| 1999 | 102.31 billion current LCU | +7.3% |
| 2000 | 114.52 billion current LCU | +11.9% |
| 2001 | 124.60 billion current LCU | +8.8% |
| 2002 | 122.72 billion current LCU | -1.5% |
| 2003 | 134.12 billion current LCU | +9.3% |
| 2004 | 145.43 billion current LCU | +8.4% |
| 2005 | 162.71 billion current LCU | +11.9% |
| 2006 | 175.92 billion current LCU | +8.1% |
| 2007 | 189.06 billion current LCU | +7.5% |
| 2008 | 208.22 billion current LCU | +10.1% |
| 2009 | 201.00 billion current LCU | -3.5% |
| 2010 | 186.65 billion current LCU | -7.1% |
| 2011 | 204.54 billion current LCU | +9.6% |
| 2012 | 230.84 billion current LCU | +12.9% |
| 2013 | 241.80 billion current LCU | +4.7% |
| 2014 | 248.43 billion current LCU | +2.7% |
| 2015 | 258.65 billion current LCU | +4.1% |
| 2016 | 265.17 billion current LCU | +2.5% |
| 2017 | 281.20 billion current LCU | +6.0% |
| 2018 | 312.54 billion current LCU | +11.1% |
| 2019 | 338.73 billion current LCU | +8.4% |
| 2020 | 328.66 billion current LCU | -3.0% |
| 2021 | 351.86 billion current LCU | +7.1% |
| 2022 | 422.00 billion current LCU | +19.9% |
Australia compared with similar countries
- Australia's 422.00 billion current LCU is above the median for high income countries, which is 52.92 billion current LCU, 8.0× the median. (55 countries reporting)
- Australia's 422.00 billion current LCU is above the median for East Asia & Pacific, which is 52.92 billion current LCU, 8.0× the median. (25 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1970s | 10.72 billion current LCU | 5.30 billion current LCU | 15.95 billion current LCU | 8 |
| 1980s | 35.53 billion current LCU | 18.59 billion current LCU | 58.56 billion current LCU | 10 |
| 1990s | 76.93 billion current LCU | 63.06 billion current LCU | 102.31 billion current LCU | 10 |
| 2000s | 157.83 billion current LCU | 114.52 billion current LCU | 208.22 billion current LCU | 10 |
| 2010s | 256.86 billion current LCU | 186.65 billion current LCU | 338.73 billion current LCU | 10 |
| 2020s | 367.51 billion current LCU | 328.66 billion current LCU | 422.00 billion current LCU | 3 |
Countries ranked near Australia
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)
- Elected parliament, annual growth rate 0 % change on previous year (2025)
- Men's universal right to vote, annual growth rate 0 % change on previous year (2025)
- Universal right to vote, annual growth rate 0 % change on previous year (2025)
- Universal right to vote in practice, annual growth rate 0 % change on previous year (2025)
- Arms imports 826.00 million SIPRI trend indicator values (2025)
- 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)
Frequently asked questions
- What is taxes on income, profits and capital gains in Australia?
- Taxes on income, profits and capital gains in Australia was 422.00 billion current LCU in 2022, according to Government Finance Statistics Yearbook and data files, International Monetary Fund (IMF).
- What is the highest taxes on income, profits and capital gains recorded in Australia?
- The highest recorded value was 422.00 billion current LCU in 2022.
- What is the lowest taxes on income, profits and capital gains recorded in Australia?
- The lowest recorded value was 5.30 billion current LCU in 1972.
- How does Australia rank for taxes on income, profits and capital gains?
- Australia ranks 52nd out of 153 countries with data for 2022.
- Is taxes on income, profits and capital gains rising or falling in Australia?
- Over the last ten years it is up 82.8%. 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 income, profits and capital gains (current LCU). Statizoid updates them automatically from the source API.
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About this data
Taxes on income, profits, and capital gains are taxes payable on the actual or presumed incomes, profits and capital gains. 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.