24Peaks / Oceania / Australia / Government Economic Affairs Expenditure (% of GDP)

Australia - Government Economic Affairs Expenditure (% of GDP) 5.11

IMF Government Finance Statistics · updated 2026-10-03 · 77 economies tracked

Latest value

5.11 (2022)

Global rank

##35 of 77 economies

Share of global total

1.3%

Growth since 2017

1.33×

Ranking Race — Government Economic Affairs Expenditure (% of GDP)

1 = global #1 · higher value ranks higher

#1#10#19#28#37#46#55201720222025#38#352020 overtook Poland2021 overtook Greece
AustraliaTürkiyeNew ZealandMauritius

Real annual global ranks, 2017 - 2025. Australia climbed from #38 to #35 (overtook Poland). Gaps in a lane = missing data that year.

Key events for Australia ↓

Key Events — Australia

Auto-detected from rank data + curated milestones

2020
Overtook Poland in global rank auto
2020
COVID-19 recession curated

First recession in nearly three decades.

2021
Overtook Greece in global rank auto
2021
Climbed 18 places in global rank auto
2022
Fell 28 places in global rank auto

Government Economic Affairs Expenditure (% of GDP), 2017-2022

IMF Government Finance Statistics · % of GDP · linear scale · ranking in the race above
201720223.855.296.728.16
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