Australia Government Budget ValueAustralia Government Budget ValueAustralia Government Budget Value

Australia Government Budget Value

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Key data points

Last release
Observation period
Mar 2024
Next release
Forecast
Highest
‪24.00 B‬AUD on May 31, 2023
Lowest
‪−36.99 B‬AUD on Jul 31, 2020

About Australia Government Budget Value

Category
Government
Frequency
Monthly
Units
AUD
The government budget balance is the difference between government revenues and expenses. The budget is balanced when outlays equal to receipts, the country reports budget surplus when revenues are higher than expenses and deficit when expenses exceed the revenues.