General government budget balance in Australia, 2020

General government budget balance in 2020: Annual value — −8.7044 % of GDP. Comparison with the previous year and position in the series history. Official data — International Monetary Fund.

General government budget balance in 2020 — neighbouring years chart, Annual value −8.7044 % of GDP, source International Monetary Fund
General government budget balance in 2020 — value in the context of neighbouring years. Source: International Monetary Fund. forecasteconomy.com

General government budget balance in 2020

  • Value: −8.7044 % of GDP
  • Change vs 2019: −4.3124 % of GDP (−98.19 %)
  • Position in history: below the 38-year average (average — −1.8638 % of GDP)
  • Series maximum — 1.7682 % of GDP in 2006 (14 years ago)
  • This is the minimum over the available series history (38 years)
  • Value date: 1 January 2020
  • Source: International Monetary Fund

Dynamics over neighbouring years

YearValue, % of GDP
2015−2.7753
2016−2.4147
2017−1.7115
2018−1.254
2019−4.392
2020−8.7044
2021−6.3514
2022−2.2059
2023−1.2633
2024−2.2514

Full history and interactive chart

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

Other years

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