Australia Tax Revenue to GDP

23.6% +0.56 pt

Dec 2022 · Annual

Australia's tax revenue amounted to 23.56% of GDP in 2022, up from 23.00% in 2021. The ratio stayed below the all-time high of 24.81% reached in 2001 and remained above the series low of 16.99% recorded in 1973. Annual data are available from 1972.

Australia Tax Revenue to GDP, 1990–2022
ActualPreviousHighestLowestDatesFrequency
23.6%23.0%24.8%Dec 200117.0%Dec 19731972 – 2022Annual

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About this series

Tax Revenue to GDP in Australia averaged 22.5% from 1972 until 2022, reaching an all-time high of 24.8% in Dec 2001 and a record low of 17.0% in Dec 1973. The series is reported yearly with history from 1972.

The indicator measures tax revenue as a percentage of GDP for Australia. The unit is percent of GDP and the frequency is annual. It reflects the size of government tax collections relative to the total economy over each annual reporting period. The series begins in 1972 and runs through 2022.

Source & methodology

We use primary economic sources for every country. See our methodology page for how we source and verify this data.

FAQ

Australia Tax Revenue to GDP FAQ