Fiscal Expenditure in Australia decreased to 54777 AUD Million in September from 56469 AUD Million in August of 2024. Fiscal Expenditure in Australia averaged 18643.51 AUD Million from 1973 until 2024, reaching an all time high of 79545.00 AUD Million in May of 2020 and a record low of 790.00 AUD Million in September of 1973. source: Department of Finance and Administration, Australia

Related	Last	Previous	Unit	Reference
Credit Rating	100.00			Nov 2024
Fiscal Expenditure	54777.00	56469.00	AUD Million	Sep 2024
Government Budget	0.90	-1.40	percent of GDP	Dec 2023
Government Budget Value	-8782.00	6155.00	AUD Million	Sep 2024
Government Debt	534147.00	521867.00	AUD Million	Sep 2024
Government Debt to GDP	43.80	42.80	percent of GDP	Dec 2024
Government Revenues	45994.00	62624.00	AUD Million	Sep 2024
Government Spending	137847.00	135935.00	AUD Million	Jun 2024
Government Spending to GDP	26.80	31.60	percent of GDP	Dec 2022
Holidays
Military Expenditure	32340.00	32445.30	USD Million	Dec 2023

Australia Fiscal Expenditure

Fiscal expenditure refers to the sum of government expenses, including spending on goods and services, investment and transfer payments like social security and unemployment benefits. Fiscal expenditure are part of government budget balance calculation.