Australia — General government deficit (% of GDP)
% of GDP · Annual · 1850–2031 · 130 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 −3.93% of GDP in 2025. The previous reading was −2.77% of GDP in 2024; the period change was −1.16 percentage points. Relative to the selected 10-year average of −2.95% of GDP, the latest reading was below.
Get the full series
- Annual data, 1850–2031
- Quarterly data, 1989–2027
- All 6 sources, downloadable
Latest observations
2006–2031
| Period | Value |
|---|---|
| 2031 | -1.45 % of GDP |
| 2030 | -1.48 % of GDP |
| 2029 | -1.66 % of GDP |
| 2028 | -1.88 % of GDP |
| 2027 | -3.4 % of GDP |
15 earlier values
| 2026 | -3.45 % of GDP |
| 2025 | -3.93 % of GDP |
| 2024 | -2.77 % of GDP |
| 2023 | -1.35 % of GDP |
| 2022 | -1.93 % of GDP |
| 2021 | -4.17 % of GDP |
| 2020 | -11.4 % of GDP |
| 2019 | -1.21 % of GDP |
| 2018 | -0.56 % of GDP |
| 2017 | -0.63 % of GDP |
| 2016 | -1.55 % of GDP |
| 2015 | -1.04 % of GDP |
| 2014 | -1.74 % of GDP |
| 2013 | -1.86 % of GDP |
| 2012 | -3.03 % of GDP |
Values before 2012, back to 2006, are on the chart — hover to read them.