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Australia: Government deficit

Millions of local currency · 1839–2025 · 187 observations · forecasts to 2031 · govdef

2025
−112 billionlocal currency

Government deficit

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

Compare with other countries →Definition of Government deficit

Recent values

Millions of local currency

YearValue
2031-54,465Forecast
2030-53,291Forecast
2029-56,969Forecast
2028-62,050Forecast
2027-107,717Forecast
2026-104,646Forecast
2025-112,351
2024-75,637
2023-35,437
2022-48,109
2021-92,163
2020-226,407
2019-24,168
2018-10,699
2017-11,389
2016-26,479

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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