Home Australia Government Budget Deficit Highest

Australia Highest Budget Deficit

1.77% in 2006
General government net lending/borrowing as % of GDP · IMF WEO

The highest budget deficit in Australia was 1.77% in 2006. The top 5 years were: 2006 (1.77%), 2005 (1.71%), 2007 (1.47%), 2004 (1.32%), 2000 (1.25%).

Top 5 Highest Years
Australia Top 5 Highest Budget Deficit Years
RankYearValue
1st 2006 1.77%
2nd 2005 1.71%
3rd 2007 1.47%
4th 2004 1.32%
5th 2000 1.25%
All Data (sorted by value)
YearValueChangeRank
2007 1.47% −0.30% 127th
2006 1.77% +0.06% 125th
2005 1.71% +0.38% 144th
2004 1.32% +0.27% 145th
2003 1.05% +0.86% 148th
2000 1.25% +0.58% 134th
2002 0.19% +0.22% 152nd
2001 -0.03% −1.28% 131st
1999 0.67% +0.91% 123rd
1989 0.93% +0.45% 41st
1998 -0.25% +0.25% 111th
1997 -0.49% +0.96% 97th
1990 -0.23% −1.16% 59th
1988 0.48% 35th
2023 -1.27% +0.95% 128th
Show all