Australia: Grants and other revenue (current LCU)

Key figures

What the numbers say

In 2022, Australia's grants and other revenue (current LCU) rose 10.1% on 2021 (from 64.74 billion to 71.28 billion).

Across the 30 yearly changes before that (1992 to 2021), the average change was +8.6% and a typical year strayed about 16.9% from that (the standard deviation). This year's change was 0.1 standard deviations above that average, so it was an ordinary year: it sits within the range of normal year-to-year movement.

On record, the biggest yearly rise was 87% in 1999 and the biggest yearly fall was 17.3% in 2001. The numbers show how large and when, not why; for the cause, look at what happened in that country in those years.

From 2013 to 2022 the straight-line trend is upward, about 3.64 billion a year. A straight line explains 97% of the movement over 10 observed years.

Worked out from the yearly values above. How the checks work: standard deviation, z-scores and straight-line trends.

Closest to Australia in the 2022 ranking

• Lao PDR — 3rd of 8: 5.82 trillion
• Equatorial Guinea — 4th of 8: 1.7 trillion
• Serbia — 5th of 8: 266.63 billion
• Ecuador — 7th of 8: 14.99 billion
• Timor-Leste — 8th of 8: 1.18 billion

What this measures

Grants are transfers receivable by government units, from other resident or nonresident government units or international organizations, that do not meet the definition of a tax, subsidy, or social contribution. Other revenue is all revenue receivable excluding taxes, social contributions, and grants. This category of revenue includes property income, sales of goods and services, and miscellaneous other types of revenue. This indicator is expressed in current prices, meaning no adjustment has been made to account for price changes over time. This series is expressed in local currency units.

Limitations: For most countries central government finance data have been consolidated into one account, but for others only budgetary central government accounts are available. Countries reporting budgetary data are noted in the country metadata. Because budgetary accounts may not include all central government units (such as social security funds), they usually provide an incomplete picture. In federal states the central government accounts provide an incomplete view of total public finance. Data on government revenue and expense are collected by the IMF through questionnaires to member countries and by the Organisation for Economic Co-operation and Development (OECD).

All 51 values

Grants and other revenue (current LCU) in nearby economies

• Cambodia — 4.51 trillion (2023)
• China — 1.84 trillion (2024)
• Fiji — 564.11 million (2024)
• Kiribati — 315.17 million (2023)
• Korea, Rep. — 133.59 trillion (2024)
• Lao PDR — 5.82 trillion (2022)
• Macao SAR, China — 16.91 billion (2024)
• Malaysia — 84.43 billion (2024)
• Marshall Islands — 129.79 million (2020)
• Micronesia, Fed. Sts. — 111.58 million (2020)

More public sector data for Australia

• Arms imports (SIPRI trend indicator values) — 826 million (2025)
• Military expenditure (current USD) — 35.33 billion (2025)
• Military expenditure (current LCU) — 54.81 billion (2025)
• Military expenditure (% of GDP) — 1.92% (2025)
• Arms exports (SIPRI trend indicator values) — 108 million (2025)
• Net investment in nonfinancial assets (current LCU) — 19.74 billion (2022)
• Net investment in nonfinancial assets (% of GDP) — 0.84% (2022)
• Net lending (+) / net borrowing (-) (current LCU) — -31.49 billion (2022)
• Net lending (+) / net borrowing (-) (% of GDP) — -1.35% (2022)

Reading data like this

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Questions people ask

What is Australia's grants and other revenue (current LCU)?

71.28 billion in 2022, according to the World Bank (World Development Indicators).

How has it changed since 1972?

It is up 6,158% from 1.14 billion in 1972 (8.62% a year on average, compounded). The highest value was 71.28 billion in 2022 and the lowest 1.14 billion in 1972.

Is the latest change in grants and other revenue (current LCU) unusual for Australia?

In 2022, Australia's grants and other revenue (current LCU) rose 10.1% on 2021 (from 64.74 billion to 71.28 billion). Across the 30 yearly changes before that (1992 to 2021), the average change was +8.6% and a typical year strayed about 16.9% from that (the standard deviation). This year's change was 0.1 standard deviations above that average, so it was an ordinary year: it sits within the range of normal year-to-year movement.

Where does this data come from?

The World Bank's World Development Indicators, licensed CC BY 4.0. Original source: Government Finance Statistics Yearbook and data files, International Monetary Fund (IMF).

Source

World Bank, World Development Indicators, indicator GC.REV.GOTR.CN, licensed CC BY 4.0. Original source: Government Finance Statistics Yearbook and data files, International Monetary Fund (IMF) Figures are fetched from the World Bank API and refreshed monthly; see the series on data.worldbank.org. The full definition and method are in the World Bank's metadata glossary. Comparisons use the same World Bank release.

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