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Australia: General government deficit

Millions of local currency · 1850–2025 · 124 observations · forecasts to 2031 · gen_govdef

2025
−70.2 billionlocal currency

General government deficit

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-250B-200B-150B-100B-50B050B18501875190019251950197520002025AustraliaAustralia
ForecastLocal currency

Compare with other countries →Definition of General government deficit

Recent values

Millions of local currency

YearValue
2031-52,892Forecast
2030-51,752Forecast
2029-55,324Forecast
2028-60,258Forecast
2027-63,069Forecast
2026-73,978Forecast
2025-70,193
2024-60,233
2023-18,660
2022-35,229
2021-87,818
2020-228,237
2019-24,016
2018-10,537
2017-11,282
2016-26,473

Sources

This series is derived from other GMD variables.

Please cite: Müller, K., Xu, C., Lehbib, M., & Chen, Z. (2025). The Global Macro Database: A New International Macroeconomic Dataset. NBER Working Paper 33714. BibTeX →

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