Vertical fiscal imbalance, Percent in Australia
Australia: Vertical fiscal imbalance, Percent was -0.0477 in 2020. ▲ Rising
Vertical fiscal imbalance, Percent in Australia, 1990–2020
Source: International Monetary Fund.
Analysis
In 2020, vertical fiscal imbalance, percent in Australia stood at -0.0477. That is the highest value across all 27 years on record.
The figure is up 85.0% on the previous year and up 74.2% over ten years.
Over the whole period, vertical fiscal imbalance, percent in Australia peaked at -0.0477 in 2020 and was at its lowest, -0.5376, in 1990.
That places Australia 34th out of 64 countries with data for 2020, putting it in the middle of the range.
The long-run direction has been consistently rising across the 27 years of available data.
Vertical fiscal imbalance, Percent in Australia, year by year
| Year | Value | Change |
|---|---|---|
| 1990 | -0.5376 | — |
| 1991 | -0.4327 | -19.5% |
| 1992 | -0.2551 | -41.1% |
| 1993 | -0.2096 | -17.8% |
| 1994 | -0.1961 | -6.5% |
| 1999 | -0.3339 | +70.3% |
| 2000 | -0.4012 | +20.2% |
| 2001 | -0.3777 | -5.8% |
| 2002 | -0.3346 | -11.4% |
| 2003 | -0.4081 | +22.0% |
| 2004 | -0.3918 | -4.0% |
| 2005 | -0.4205 | +7.3% |
| 2006 | -0.4494 | +6.9% |
| 2007 | -0.4369 | -2.8% |
| 2008 | -0.4612 | +5.6% |
| 2009 | -0.2199 | -52.3% |
| 2010 | -0.1848 | -16.0% |
| 2011 | -0.1753 | -5.2% |
| 2012 | -0.1788 | +2.0% |
| 2013 | -0.2407 | +34.6% |
| 2014 | -0.2055 | -14.6% |
| 2015 | -0.1936 | -5.8% |
| 2016 | -0.2062 | +6.5% |
| 2017 | -0.2487 | +20.6% |
| 2018 | -0.3046 | +22.4% |
| 2019 | -0.3184 | +4.5% |
| 2020 | -0.0477 | -85.0% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1990s | -0.3275 | -0.5376 | -0.1961 | 6 |
| 2000s | -0.3901 | -0.4612 | -0.2199 | 10 |
| 2010s | -0.2257 | -0.3184 | -0.1753 | 10 |
| 2020s | -0.0477 | -0.0477 | -0.0477 | 1 |
Countries ranked near Australia
- 31 Tunisia -0.0024 compare
- 32 Peru -0.0204 compare
- 33 Iran, Islamic Republic of -0.0212 compare
- 35 Kazakhstan -0.0484 compare
- 36 Türkiye -0.0518 compare
- 37 North Macedonia -0.0623 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 vertical fiscal imbalance, percent in Australia?
- Vertical fiscal imbalance, percent in Australia was -0.0477 in 2020, according to International Monetary Fund.
- What is the highest vertical fiscal imbalance, percent recorded in Australia?
- The highest recorded value was -0.0477 in 2020.
- What is the lowest vertical fiscal imbalance, percent recorded in Australia?
- The lowest recorded value was -0.5376 in 1990.
- How does Australia rank for vertical fiscal imbalance, percent?
- Australia ranks 34th out of 64 countries with data for 2020.
- Is vertical fiscal imbalance, percent rising or falling in Australia?
- Over the last ten years it is up 74.2%. 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 Vertical fiscal imbalance, 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.