Government budget balance reached 6.48 in 2023 in Australia, according to the National Statistical Office. This is 10.2% less than in the previous year.
Historically, government budget balance in Australia reached an all time high of 17.0 in 2006 and an all time low of -64.8 in 2010.
Australia has been ranked 11th within the group of 84 countries we follow in terms of government budget balance.
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