Australia

Government Spending (% of GDP)

21.43
percent of GDP
Dec 62Dec 67Dec 71Dec 75Dec 81Dec 84Dec 87Dec 93Dec 97Dec 01Dec 06Dec 11Dec 16Dec 210.0006.00012.0018.0024.00
  • Australia
  • Global Median
Source: IMF

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Definition of Government Spending (% of GDP)

General government final consumption expenditure (formerly general government consumption) includes all government current expenditures for purchases of goods and services (including compensation of employees). It also includes most expenditures on national defense and security, but excludes government military expenditures that are part of government capital formation.

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