Australia—Fiscal Balance (% of GDP)
Category: Fiscal & MonetarySource: IMF World Economic OutlookGlobal Rank: #80 of 192
Latest Value
-1.9%
2027
YoY Change
+17.4%
2026 → 2027
Global Rank
#80
of 192 countries
Maximum
1.8%
2006
Minimum
-8.7%
2020
Last
-1.9%
Previous
-2.3%
Highest
1.8%
Lowest
-8.7%
Unit
Percent of GDP
Source
IMF World Economic Outlook
Actual
IMF Forecast
Source: IMF World Economic Outlook
Historical Data
| Year | Value | Change |
|---|---|---|
| 2027 | -1.9% | +17.4% |
| 2026 | -2.3% | +14.8% |
| 2025 | -2.7% | -22.7% |
| 2024 | -2.2% | -69.2% |
| 2023 | -1.3% | +40.9% |
| 2022 | -2.2% | +65.6% |
| 2021 | -6.4% | +26.4% |
| 2020 | -8.7% | -97.7% |
| 2019 | -4.4% | -238.5% |
| 2018 | -1.3% | +23.5% |
| 2017 | -1.7% | +29.2% |
| 2016 | -2.4% | +14.3% |
| 2015 | -2.8% | +3.4% |
| 2014 | -2.9% | -3.6% |
| 2013 | -2.8% | +20.0% |
| 2012 | -3.5% | +22.2% |
| 2011 | -4.5% | +11.8% |
| 2010 | -5.1% | -10.9% |
| 2009 | -4.6% | -318.2% |
| 2008 | -1.1% | -173.3% |
| 2007 | 1.5% | -16.7% |
| 2006 | 1.8% | +5.9% |
| 2005 | 1.7% | +30.8% |
| 2004 | 1.3% | +18.2% |
| 2003 | 1.1% | +450.0% |
| 2002 | 0.2% | |
| 2001 | 0.0% | -100.0% |
| 2000 | 1.3% |
IMF Forecast
Projections from the IMF World Economic Outlook. These are staff estimates, not guarantees.
| Year | Projected Value | Change from Previous |
|---|---|---|
| 2026Forecast | -2.3% | +14.8% |
| 2027Forecast | -1.9% | +17.4% |
Top Countries — Fiscal Balance (% of GDP)
| # | Country | Value | Year |
|---|---|---|---|
| 1 | Kuwait | 26.5% | 2026 |
| 2 | Norway | 10.7% | 2026 |
| 3 | Nauru | 9.5% | 2026 |
| 4 | Macao SAR, China | 5.6% | 2026 |
| 5 | United Arab Emirates | 4.8% | 2026 |
| 6 | South Sudan | 4.1% | 2026 |
| 7 | Lesotho | 3.8% | 2026 |
| 8 | Liechtenstein | 3.2% | 2026 |
| 9 | Cyprus | 3.2% | 2026 |
| 10 | Singapore | 2.7% | 2026 |
About This Indicator
Definition
General government net lending/borrowing as a percentage of GDP. A positive value indicates a fiscal surplus; negative indicates a deficit.
Methodology
Revenue minus expenditure minus net acquisition of nonfinancial assets, as a percentage of GDP. A comprehensive measure of the fiscal balance.
Unit
Percent of GDP