Australia flag

Australia

GDP (Nominal)

Population

Canberra

Capital

AUD

Currency

Member Organizations

UNG20APECOECDWTOIMFWorld BankCommonwealth of Nations
Government Revenue
Fiscal Year 2024
Government revenue breakdown by source
Government Spending
Fiscal Year 2024
Government spending breakdown by category

Revenue Sources

Individual Income Tax335.60B AUD
Goods and Services Tax (GST)92.10B AUD
Company & Resource Rent Taxes143.80B AUD
Excise & Customs47.30B AUD
Superannuation Taxes19.80B AUD
Non-Tax Revenue52.50B AUD
Other Taxes16.30B AUD
Total Revenue711.50B AUD

Spending Allocation

Public Pensions & Welfare200.00B AUD
Public Health70.00B AUD
Public Education38.00B AUD
Defense55.70B AUD
Interest Payments22.90B AUD
Housing & Urban Policy11.30B AUD
Other Expenses268.60B AUD
Total Spending738.40B AUD