24Peaks / Oceania / Australia / Subsidies (% of GDP)

Australia - Subsidies (% of GDP) 2.02

IMF GFS (accrual) · updated 2026-10-03 · 103 economies tracked

Latest value

2.02 (2022)

Global rank

##26 of 103 economies

Share of global total

1.2%

Growth since 2017

1.74×

Ranking Race — Subsidies (% of GDP)

1 = global #1 · higher value ranks higher

#1#14#27#40#53#66#79201720222025#36#262020 overtook Rwanda2021 overtook United Kingdom
AustraliaTürkiyeCanadaNew ZealandMauritius

Real annual global ranks, 2017 - 2025. Australia climbed from #36 to #26 (overtook Rwanda). Gaps in a lane = missing data that year.

Key events for Australia ↓

Key Events — Australia

Auto-detected from rank data + curated milestones

2020
Overtook Rwanda in global rank auto
2020
Climbed 28 places in global rank auto
2020
COVID-19 recession curated

First recession in nearly three decades.

2021
Overtook United Kingdom in global rank auto
2022
Fell 21 places in global rank auto

Subsidies (% of GDP), 2017-2022

IMF GFS (accrual) · % of GDP · linear scale · ranking in the race above
201720221.062.343.634.91
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