24Peaks / Oceania / Australia / Government Revenue (% of GDP)

Australia - Government Revenue (% of GDP) 26.13

World Bank WDI (revenue excl. grants) · updated 2026-10-15 · 162 economies tracked

Latest value

26.13 (2022)

Global rank

##63 of 162 economies

Share of global total

0.8%

Growth since 1972

1.28×

Ranking Race — Government Revenue (% of GDP)

1 = global #1 · higher value ranks higher

#1#13#25#37#49#61#731972198219922002201220222024#21#632019 overtook Fiji2021 overtook Ecuador
AustraliaNauruNorwayAustriaGreece

Real annual global ranks, 1972 - 2024. Australia climbed from #21 to #63 (overtook Fiji). Gaps in a lane = missing data that year.

Key events for Australia ↓

Key Events — Australia

Auto-detected from rank data + curated milestones

1983
Floating of the dollar curated

AUD begins floating; financial deregulation follows.

2008
Global crisis resilience curated

Avoids recession on the back of China-driven commodity demand.

2019
Overtook Fiji in global rank auto
2020
COVID-19 recession curated

First recession in nearly three decades.

2021
Overtook Ecuador in global rank auto

Government Revenue (% of GDP), 1972-2022

World Bank WDI (revenue excl. grants) · % of GDP · linear scale · ranking in the race above
19721982199220022012202219.4221.9524.4727

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