Australia - Cash surplus or deficit

Cash surplus/deficit (current LCU)

The value for Cash surplus/deficit (current LCU) in Australia was -22,403,000,000 as of 2013. As the graph below shows, over the past 23 years this indicator reached a maximum value of 17,330,020,000 in 2008 and a minimum value of -52,276,000,000 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
1990 6,700,997,000
1991 387,002,100
1992 -11,571,000,000
1993 -16,982,000,000
1994 -17,000,990,000
1999 1,572,006,000
2000 11,221,010,000
2001 3,774,991,000
2002 -5,605,992,000
2003 4,238,005,000
2004 4,638,996,000
2005 7,043,994,000
2006 12,458,000,000
2007 12,674,010,000
2008 17,330,020,000
2009 -36,552,000,000
2010 -52,276,000,000
2011 -51,775,000,000
2012 -45,208,000,000
2013 -22,403,000,000

Cash surplus/deficit (% of GDP)

Cash surplus/deficit (% of GDP) in Australia was -1.47 as of 2013. Its highest value over the past 23 years was 1.70 in 2000, while its lowest value was -4.03 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
1990 1.66
1991 0.09
1992 -2.74
1993 -3.83
1994 -3.64
1999 0.25
2000 1.70
2001 0.54
2002 -0.74
2003 0.53
2004 0.54
2005 0.76
2006 1.25
2007 1.17
2008 1.47
2009 -2.90
2010 -4.03
2011 -3.67
2012 -3.03
2013 -1.47

Classification

Topic: Public Sector Indicators

Sub-Topic: Government finance