Australia Tax Revenue to GDP

Central government tax revenue as a percentage of GDP.

Tax Revenue to GDP in Australia increased to 23.56 percent of GDP in 2022 from 23.00 percent of GDP in 2021.

23.6%
▲ +0.6 pp2022 · previous 23.0%Annual · percent of GDP · Source: World Bank — World Development Indicators

Australia Tax Revenue to GDP — History

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Australia Tax Revenue to GDP — analysis in simple words

Latest reading

Tax Revenue to GDP in Australia increased to 23.56 percent of GDP in 2022 from 23.00 percent of GDP in 2021.

Over the last three years it rose twice and fell once.

Recent trend

A year earlier (2021) it was 23.0%, so the latest figure is 0.6 percentage points higher.

Over the past five years the average was 23.1%, with a range from 22.5% to 23.6%. The latest value is above that five-year average.

Historical context

This data series starts in 1972 and has 51 annual observations. The latest reading is higher than 84% of all of them.

The highest value on record is 24.8% (2001) and the lowest is 17.0% (1973). The long-run average is 21.9%.

Compared with other countries

Among 142 economies with recent data, Australia ranks 24th from the top. The median across all these economies is 17.0%, so Australia is above the typical country.

Among 17 major economies tracked on this site it ranks 4th.

Within East Asia & Pacific (25 economies with data) it ranks 5th; the regional median is 16.9%.

Statistics

Latest
23.6%2022
Previous
23.0%
5-year average
23.1%
Long-run average
21.9%since 1972
All-time high
24.8%2001
All-time low
17.0%1973
Observations
51Annual

Recent Data

PeriodValueChange
202223.6%▲ +0.6 pp
202123.0%▲ +0.5 pp
202022.5%▼ −0.8 pp
201923.3%▲ +0.2 pp
201823.1%▲ +1.1 pp
201722.0%▼ −0.2 pp
201622.2%▲ +0.4 pp
201521.8%▼ −0.0 pp
201421.8%▼ −0.1 pp
201321.9%▲ +0.8 pp
201221.0%▲ +0.8 pp
201120.3%▼ −0.2 pp
201020.4%▼ −1.5 pp
200922.0%▼ −2.2 pp
200824.2%▲ +0.2 pp
200724.0%▼ −0.5 pp
200624.5%▼ −0.2 pp
200524.7%▲ +0.5 pp
200424.2%▼ −0.0 pp
200324.3%▲ +0.7 pp
200223.5%▼ −1.3 pp
200124.8%▲ +1.8 pp
200023.0%▲ +0.6 pp
199922.4%▲ +0.2 pp
199822.2%▼ −0.2 pp
199722.3%▲ +0.5 pp
199621.8%▲ +0.7 pp
199521.1%▲ +1.1 pp
199420.0%▲ +0.0 pp
199320.0%

Tax Revenue to GDP — Australia vs Peers

Latest available reading for each economy (periods may differ). Australia highlighted.

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More Australia indicators

Understanding Tax Revenue to GDP — a simple guide

What it measures

Central government tax revenue as a percentage of GDP.

How it is calculated

Central government tax collections ÷ GDP × 100.

Simple example

12% means central taxes equal 12% of GDP.

▲ When it is high or rising

Strong tax collection capacity.

▼ When it is low or falling

Weaker collection or a large informal economy.

Why it matters for the economy and markets

The tax-to-GDP ratio indicates fiscal capacity and the efficiency of tax collection.

How to read it

It excludes state/local taxes in federal countries, so it can understate total taxation.

Data source

World Bank — World Development Indicators (series GC.TAX.TOTL.GD.ZS), annual data from 1972 to 2022. Values are shown exactly as published by the source and may be revised later.

How to use the chart

Use the 5Y / 10Y / 25Y / Max buttons to change the time range, or drag the slider under the chart. Hover (or tap) on the line to see the exact value for any period. Dashed lines and hatched bars are IMF projections, not actual data. The “Download CSV” button gives you the full data series.

Frequently asked questions

What is the current tax revenue to gdp of Australia?
Australia tax revenue to gdp was 23.6% in 2022, compared with 23.0% in the previous period, according to World Bank — World Development Indicators.
What is the highest and lowest tax revenue to gdp of Australia?
Since 1972, the highest reading was 24.8% (2001) and the lowest was 17.0% (1973).
What does tax revenue to gdp measure?
Central government tax revenue as a percentage of GDP.

Data are sourced from official international organisations (IMF, World Bank, BIS) and national authorities, and are shown for educational and informational purposes only. They are not investment advice and no recommendation is made. Figures may be revised by the source; IMF figures for the current and future years are projections. This page was last updated on Saturday, October 17, 2026.