Australia Lowest Budget Deficit
General government net lending/borrowing as % of GDP · IMF WEO
The lowest budget deficit in Australia was -8.73% in 2020. The top 5 years were: 2020 (-8.73%), 2021 (-6.37%), 2010 (-5.12%), 1992 (-4.75%), 1993 (-4.73%).
Top 5 Lowest Years▾
Australia Top 5 Lowest Budget Deficit Years
| Rank | Year | Value |
|---|
| 1st |
2020 |
-8.73% |
| 2nd |
2021 |
-6.37% |
| 3rd |
2010 |
-5.12% |
| 4th |
1992 |
-4.75% |
| 5th |
1993 |
-4.73% |
All Data (sorted by value)▾
| Year | Value | Change | Rank |
|---|
| 2020 |
-8.73% |
−4.32% |
52nd |
| 2021 |
-6.37% |
+2.36% |
49th |
| 2019 |
-4.41% |
−3.15% |
43rd |
| 2011 |
-4.53% |
+0.59% |
47th |
| 2010 |
-5.12% |
−0.55% |
44th |
| 2009 |
-4.56% |
−3.46% |
73rd |
| 1994 |
-3.79% |
+0.93% |
44th |
| 1993 |
-4.73% |
+0.02% |
43rd |
| 1992 |
-4.75% |
−1.96% |
35th |
| 2025 |
-2.73% |
−0.48% |
89th |
| 2012 |
-3.51% |
+1.02% |
66th |
| 2024 |
-2.25% |
−0.98% |
106th |
| 2022 |
-2.21% |
+4.16% |
107th |
| 2016 |
-2.42% |
+0.36% |
99th |
| 2015 |
-2.79% |
+0.13% |
93rd |
| 2014 |
-2.92% |
−0.11% |
88th |
| 2013 |
-2.81% |
+0.70% |
86th |
| 1995 |
-2.60% |
+1.19% |
64th |
| 1991 |
-2.79% |
−2.56% |
39th |
| 2023 |
-1.27% |
+0.95% |
128th |
| 2018 |
-1.26% |
+0.46% |
107th |
| 2017 |
-1.72% |
+0.71% |
108th |
| 2008 |
-1.10% |
−2.58% |
91st |
| 1996 |
-1.46% |
+1.15% |
80th |
| 2007 |
1.47% |
−0.30% |
127th |
| 2004 |
1.32% |
+0.27% |
145th |
| 2003 |
1.05% |
+0.86% |
148th |
| 2002 |
0.19% |
+0.22% |
152nd |
| 2001 |
-0.03% |
−1.28% |
131st |
| 1998 |
-0.25% |
+0.25% |
111th |
| 1997 |
-0.49% |
+0.96% |
97th |
| 1990 |
-0.23% |
−1.16% |
59th |
| 2000 |
1.25% |
+0.58% |
134th |
| 1999 |
0.67% |
+0.91% |
123rd |
| 1989 |
0.93% |
+0.45% |
41st |
| 1988 |
0.48% |
– |
35th |
| 2006 |
1.77% |
+0.06% |
125th |
| 2005 |
1.71% |
+0.38% |
144th |
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