ForecastEconomy

General government budget balance in Australia, 2016

General government budget balance in 2016: Annual value — −2.4147 % of GDP. Comparison with the previous year and position in the series history. Official data — International Monetary Fund.

General government budget balance in 2016 — neighbouring years chart, Annual value −2.4147 % of GDP, source International Monetary Fund
General government budget balance in 2016 — value in the context of neighbouring years. Source: International Monetary Fund. forecasteconomy.com

General government budget balance in 2016

  • Value: −2.4147 % of GDP
  • Change vs 2015: +0.3606 % of GDP (+12.99 %)
  • Position in history: below the 38-year average (average — −1.8638 % of GDP)
  • Series maximum — 1.7682 % of GDP in 2006 (10 years ago)
  • Series minimum — −8.7044 % of GDP in 2020
  • Value date: 1 January 2016
  • Source: International Monetary Fund

Dynamics over neighbouring years

YearValue, % of GDP
2011−4.5113
2012−3.4959
2013−2.7976
2014−2.9059
2015−2.7753
2016−2.4147
2017−1.7115
2018−1.254
2019−4.392
2020−8.7044

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