Australia Government Budget
-2.8%▼ −0.53 pt
Dec 2025 · Annual
Australia's budget balance as a share of GDP stood at -2.78% in 2025, widening from -2.25% in the prior year. The deficit remains well above the all-time low of -8.70% recorded in 2020, while the series high of 1.77% was set in 2006. Data span from 1988 to 2025.
| Actual | Previous | Highest | Lowest | Dates | Frequency |
|---|---|---|---|---|---|
| -2.8% | -2.3% | 1.8%Dec 2006 | -8.7%Dec 2020 | 1988 – 2025 | Annual |
Related indicators
| Indicator | Last | Previous | Highest | Lowest | Last updated | Frequency |
|---|---|---|---|---|---|---|
| Government Debt to GDP | 51.0% | 50.6% | 56.9% | 9.6% | Dec 2025 | Annual |
| Tax Revenue to GDP | 23.6% | 23.0% | 24.8% | 17.0% | Dec 2022 | Annual |
About this series
Government Budget in Australia averaged -2.0% from 1988 until 2025, reaching an all-time high of 1.8% in Dec 2006 and a record low of -8.7% in Dec 2020. The series is reported yearly with history from 1988.
The budget balance as a percentage of GDP measures the difference between government revenue and expenditure relative to the size of the economy. A negative value indicates a deficit, while a positive value indicates a surplus. The indicator is reported annually for Australia, with data available from 1988.
Source & methodology
We use primary economic sources for every country. See our methodology page for how we source and verify this data.
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