🇦🇺 Australia Expense
Australia Expense was $644.60B in 2022, down 5.3% from 2021, according to World Bank data. The 10-year average is $508.57B. Historical data available from 1972 to 2022 (51 data points). The all-time high was $680.67B in 2021.
Source: World Bank World Development Indicators • 1972–2022 • 51 data points • Public Sector
Latest Value
$644.60B
2022
Year-on-Year
-5.3%
vs 2021
10-Year Average
$508.57B
2013–2022
Range
High: $680.67B (2021)
Low: $8.04B (1972)
Australia Expense (current LCU) — 1972 to 2022
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About this Indicator
Expense is a decrease in net worth resulting from a transaction. This indicator is expressed in current prices, meaning no adjustment has been made to account for price changes over time. This series is expressed in local currency units.
Historical Data Table
| Year | Value |
|---|---|
| 2022 | $644.60B |
| 2021 | $680.67B |
| 2020 | $599.56B |
| 2019 | $509.74B |
| 2018 | $483.16B |
| 2017 | $468.13B |
| 2016 | $447.37B |
| 2015 | $434.69B |
| 2014 | $419.95B |
| 2013 | $397.85B |
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<iframe src="https://nationstat.com/en/country/australia/expense-current-lcu" width="800" height="500" frameborder="0"></iframe>Compare with Other Countries
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