Australia | Grants and other revenue (% of revenue)
Grants and other revenue include grants from other foreign governments, international organizations, and other government units; interest; dividends; rent; requited, nonrepayable receipts for public purposes (such as fines, administrative fees, and entrepreneurial income from government owner­ship of property); and voluntary, unrequited, nonrepayable receipts other than grants. Limitations and exceptions: 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). Despite IMF efforts to standardize data collection, statistics are often incomplete, untimely, and not comparable across countries. Statistical concept and methodology: The IMF's Government Finance Statistics Manual 2014, harmonized with the 2008 SNA, recommends an accrual accounting method, focusing on all economic events affecting assets, liabilities, revenues, and expenses, not just those represented by cash transactions. It accounts for all changes in stocks, so stock data at the end of an accounting period equal stock data at the beginning of the period plus flows over the period. The 1986 manual considered only debt stocks. Government finance statistics are reported in local currency. Many countries report government finance data by fiscal year; see country metadata for information on fiscal year end by country.
Publisher
The World Bank
Origin
Commonwealth of Australia
Records
63
Source
Australia | Grants and other revenue (% of revenue)
1960
1961
1962
1963
1964
1965
1966
1967
1968
1969
1970
1971
12.53438979 1972
12.50644928 1973
11.04219375 1974
9.95676501 1975
10.08608779 1976
10.58253746 1977
11.46078553 1978
11.0045489 1979
10.08507853 1980
9.21710161 1981
9.31004826 1982
10.33528078 1983
10.85743781 1984
10.36297487 1985
11.34014405 1986
11.2764793 1987
9.72788379 1988
8.41067094 1989
7.60245156 1990
7.197565 1991
8.47320063 1992
8.58086821 1993
9.23587463 1994
7.44086699 1995
6.96607297 1996
6.83241813 1997
6.32867724 1998
10.76095656 1999
11.11428288 2000
8.23004462 2001
9.45780407 2002
8.72460935 2003
8.76589744 2004
8.47569356 2005
9.14902295 2006
9.03645227 2007
9.09724676 2008
10.23570394 2009
12.29888756 2010
10.71661954 2011
10.1322011 2012
10.43190586 2013
10.25683734 2014
10.86495641 2015
10.54251961 2016
11.39971502 2017
10.86468815 2018
11.36832936 2019
12.12010569 2020
11.86207756 2021
11.46244042 2022
Australia | Grants and other revenue (% of revenue)
Grants and other revenue include grants from other foreign governments, international organizations, and other government units; interest; dividends; rent; requited, nonrepayable receipts for public purposes (such as fines, administrative fees, and entrepreneurial income from government owner­ship of property); and voluntary, unrequited, nonrepayable receipts other than grants. Limitations and exceptions: 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). Despite IMF efforts to standardize data collection, statistics are often incomplete, untimely, and not comparable across countries. Statistical concept and methodology: The IMF's Government Finance Statistics Manual 2014, harmonized with the 2008 SNA, recommends an accrual accounting method, focusing on all economic events affecting assets, liabilities, revenues, and expenses, not just those represented by cash transactions. It accounts for all changes in stocks, so stock data at the end of an accounting period equal stock data at the beginning of the period plus flows over the period. The 1986 manual considered only debt stocks. Government finance statistics are reported in local currency. Many countries report government finance data by fiscal year; see country metadata for information on fiscal year end by country.
Publisher
The World Bank
Origin
Commonwealth of Australia
Records
63
Source