Australia - Cash surplus or deficit

Cash surplus/deficit (current LCU)

The value for Cash surplus/deficit (current LCU) in Australia was -51,775,000,000.00 as of 2011. As the graph below shows, over the past 12 years this indicator reached a maximum value of 22,464,000,000.00 in 2008 and a minimum value of -52,276,000,000.00 in 2010.

Definition: Cash surplus or deficit is revenue (including grants) minus expense, minus net acquisition of nonfinancial assets. In the 1986 GFS manual nonfinancial assets were included under revenue and expenditure in gross terms. This cash surplus or deficit is closest to the earlier overall budget balance (still missing is lending minus repayments, which are now a financing item under net acquisition of financial assets).

Source: International Monetary Fund, Government Finance Statistics Yearbook and data files.

Year Value
1999 3,432,000,000.00
2000 13,314,000,000.00
2001 5,894,000,000.00
2002 -3,247,000,000.00
2003 6,794,000,000.00
2004 7,112,000,000.00
2005 11,559,000,000.00
2006 17,225,000,000.00
2007 17,722,000,000.00
2008 22,464,000,000.00
2009 -30,630,000,000.00
2010 -52,276,000,000.00
2011 -51,775,000,000.00

Cash surplus/deficit (% of GDP)

Cash surplus/deficit (% of GDP) in Australia was -3.70 as of 2011. Its highest value over the past 12 years was 2.01 in 2000, while its lowest value was -4.04 in 2010.

Definition: Cash surplus or deficit is revenue (including grants) minus expense, minus net acquisition of nonfinancial assets. In the 1986 GFS manual nonfinancial assets were included under revenue and expenditure in gross terms. This cash surplus or deficit is closest to the earlier overall budget balance (still missing is lending minus repayments, which are now a financing item under net acquisition of financial assets).

Source: International Monetary Fund, Government Finance Statistics Yearbook and data files, and World Bank and OECD GDP estimates.

See also:

Year Value
1999 0.55
2000 2.01
2001 0.83
2002 -0.43
2003 0.85
2004 0.83
2005 1.26
2006 1.73
2007 1.64
2008 1.91
2009 -2.45
2010 -4.04
2011 -3.70

Classification

Topic: Public Sector Indicators

Sub-Topic: Government finance