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Compilation of government finance statistics in Australia

Australia: Compilation of government finance statistics was 1 in 2023. ▬ Flat

Latest (2023)
1
Change on year
unchanged
World rank
1st
of 188 countries
All-time high
1
in 2004
All-time low
1
in 2004
Years of data
20
2004–2023

Compilation of government finance statistics in Australia, 2004–2023

00.20.40.60.812004201320232004: 12005: 12006: 12007: 12008: 12009: 12010: 12011: 12012: 12013: 12014: 12015: 12016: 12017: 12018: 12019: 12020: 12021: 12022: 12023: 1

Source: Statistical Performance Indicators, The World Bank (https://datacatalog.worldbank.org/dataset/statistical-performance-indicators).

Analysis

In 2023, compilation of government finance statistics in Australia stood at 1. That is the highest value across all 20 years on record.

That represents a change of unchanged over ten years.

Over the whole period, compilation of government finance statistics in Australia peaked at 1 in 2004 and was at its lowest, 1, in 2004.

Australia ranks 1st of 188 countries on this measure, in the top 10%.

Averages by decade

DecadeAverage LowestHighest Years
2000s 1 1 1 6
2010s 1 1 1 10
2020s 1 1 1 4

Countries ranked near Australia

  1. 1 Albania 1 compare
  2. 1 Austria 1 compare
  3. 1 Azerbaijan 1 compare
  4. 1 Bahamas 1 compare
  5. 1 Bangladesh 1 compare
  6. 1 Belarus 1 compare
  7. 1 Belgium 1 compare
  8. 1 Brazil 1 compare
  9. 1 Bulgaria 1 compare
  10. 1 Burkina Faso 1 compare
  11. 1 Canada 1 compare
  12. 1 Chile 1 compare
  13. 1 Cyprus 1 compare
  14. 1 Czechia 1 compare
  15. 1 Denmark 1 compare
  16. 1 Equatorial Guinea 1 compare
  17. 1 Estonia 1 compare
  18. 1 Finland 1 compare
  19. 1 France 1 compare
  20. 1 Germany 1 compare
  21. 1 Greece 1 compare
  22. 1 Guatemala 1 compare
  23. 1 Hungary 1 compare
  24. 1 Iceland 1 compare
  25. 1 India 1 compare
  26. 1 Indonesia 1 compare
  27. 1 Ireland 1 compare
  28. 1 Israel 1 compare
  29. 1 Italy 1 compare
  30. 1 Japan 1 compare
  31. 1 South Korea 1 compare
  32. 1 Latvia 1 compare
  33. 1 Lithuania 1 compare
  34. 1 Luxembourg 1 compare
  35. 1 Malaysia 1 compare
  36. 1 Malta 1 compare
  37. 1 Mexico 1 compare
  38. 1 Myanmar 1 compare
  39. 1 Netherlands 1 compare
  40. 1 New Zealand 1 compare
  41. 1 North Macedonia 1 compare
  42. 1 Norway 1 compare
  43. 1 Palau 1 compare
  44. 1 Philippines 1 compare
  45. 1 Poland 1 compare
  46. 1 Portugal 1 compare
  47. 1 Romania 1 compare
  48. 1 Russia 1 compare
  49. 1 Saudi Arabia 1 compare
  50. 1 Senegal 1 compare
  51. 1 Singapore 1 compare
  52. 1 Slovakia 1 compare
  53. 1 Slovenia 1 compare
  54. 1 South Africa 1 compare
  55. 1 Spain 1 compare
  56. 1 Sweden 1 compare
  57. 1 Switzerland 1 compare
  58. 1 Thailand 1 compare
  59. 1 Turkey 1 compare
  60. 1 Uganda 1 compare
  61. 1 Ukraine 1 compare
  62. 1 United Arab Emirates 1 compare
  63. 1 United Kingdom 1 compare
  64. 1 United States 1 compare
  65. 1 Uruguay 1 compare
  66. 1 Uzbekistan 1 compare

See the full ranking of 190 places →

More reference data data for Australia

All data for Australia →

Frequently asked questions

What is compilation of government finance statistics in Australia?
Compilation of government finance statistics in Australia was 1 in 2023, according to Statistical Performance Indicators, The World Bank (https://datacatalog.worldbank.org/dataset/statistical-performance-indicators).
What is the highest compilation of government finance statistics recorded in Australia?
The highest recorded value was 1 in 2004.
What is the lowest compilation of government finance statistics recorded in Australia?
The lowest recorded value was 1 in 2004.
How does Australia rank for compilation of government finance statistics?
Australia ranks 1st out of 188 countries with data for 2023.
Is compilation of government finance statistics rising or falling in Australia?
Over the last ten years it is unchanged. The long-run trend across the full record is flat.
Where does this Australia data come from?
The figures come from Statistical Performance Indicators, The World Bank (https://datacatalog.worldbank.org/dataset/statistical-performance-indicators), published as part of Compilation of government finance statistics. Statizoid updates them automatically from the source API.

Download this data

CSV · JSON — 20 observations, free to reuse under CC BY 4.0 (World Bank Open Data).

About this data

Indicator
Compilation of government finance statistics
Source
Statistical Performance Indicators, The World Bank (https://datacatalog.worldbank.org/dataset/statistical-performance-indicators)
Licence
CC BY 4.0 (World Bank Open Data)
Coverage
190 places, 1,940 data points, 2004–2023
Last refreshed

Compilation of government finance statistics refers to the Government Finance Statistics Manual (GFSM) in use for compiling the data. It provides guidelines on the institutional structure of governments and the presentation of fiscal data in a format similar to business accounting with a balance sheet and income statement plus guidelines on the treatment of exchange rate and other valuation adjustments. The latest manual GFSM2014 is harmonized with the SNA2008.