ForecastEconomy

General government budget balance in Australia, 1998

General government budget balance in 1998: Annual value — −0.2453 % of GDP. Comparison with the previous year and position in the series history. Official data — International Monetary Fund.

General government budget balance in 1998 — neighbouring years chart, Annual value −0.2453 % of GDP, source International Monetary Fund
General government budget balance in 1998 — value in the context of neighbouring years. Source: International Monetary Fund. forecasteconomy.com

General government budget balance in 1998

  • Value: −0.2453 % of GDP
  • Change vs 1997: +0.2469 % of GDP (+50.16 %)
  • Position in history: above the 38-year average (average — −1.8638 % of GDP)
  • Series maximum — 1.7682 % of GDP in 2006
  • Series minimum — −8.7044 % of GDP in 2020
  • Value date: 1 January 1998
  • Source: International Monetary Fund

Dynamics over neighbouring years

YearValue, % of GDP
1993−4.72
1994−3.7871
1995−2.5987
1996−1.4537
1997−0.4922
1998−0.2453
19990.6645
20001.248
2001−0.0302
20020.1922

Full history and interactive chart

Complete series for Australia — on the General government budget balance page.

Other years

Interactive charts, comparisons, and validated forecasts — official statistics for national economies, their regions, and available countries. Browsing is open to everyone; downloads require a free account.

Open the platform