Australia — General government deficit (% of GDP)
% of GDP · Annual · 1850–2030 · 129 observations
About this series
The general government deficit series records the period's fiscal balance under the source's accounting and sign convention. A deficit indicates a shortfall; the series is a flow, not a debt stock. This series expresses that measure as a percentage of GDP for the matching period.
The general government deficit reading for Australia was −2.78% of GDP in 2025. The previous reading was −2.22% of GDP in 2024; the period change was −0.56 percentage points. Relative to the selected 10-year average of −2.66% of GDP, the latest reading was below.
Get the full series
- Annual data, 1850–2030
- Quarterly data, 1989–2026
- All 8 sources, downloadable
Latest observations
2005–2030
| Period | Value |
|---|---|
| 2030 | -1.68 % of GDP |
| 2029 | -1.76 % of GDP |
| 2028 | -1.93 % of GDP |
| 2027 | -2.08 % of GDP |
| 2026 | -2.51 % of GDP |
15 earlier values
| 2025 | -2.78 % of GDP |
| 2024 | -2.22 % of GDP |
| 2023 | -0.71 % of GDP |
| 2022 | -1.42 % of GDP |
| 2021 | -3.98 % of GDP |
| 2020 | -11.5 % of GDP |
| 2019 | -1.2 % of GDP |
| 2018 | -0.56 % of GDP |
| 2017 | -0.63 % of GDP |
| 2016 | -1.56 % of GDP |
| 2015 | -1.02 % of GDP |
| 2014 | -1.76 % of GDP |
| 2013 | -1.85 % of GDP |
| 2012 | -3.04 % of GDP |
| 2011 | -3.9 % of GDP |
Values before 2011, back to 2005, are on the chart — hover to read them.