Australia | Primary government expenditures as a proportion of original approved budget (%)

Primary government expenditures as a proportion of original approved budget measures the extent to which aggregate budget expenditure outturn reflects the amount originally approved, as defined in government budget documentation and fiscal reports. The coverage is budgetary central government (BCG) and the time period covered is the last three completed fiscal years. Development relevance: The indicator attempts to capture the reliability of government budgets: do governments spend what they intend to and do they collect what they set out to collect. The ability to implement the enacted budget is an important factor in government’s ability to deliver public services and achieve development objectives. The deviation between approved and actual spending is measured over a 12-month period (the budget year) and may have important implications for macroeconomic stability, public service delivery, and social welfare. A credibly implemented budget has only small deviations from the approved one. If expenditure is under-executed, beneficiaries may not receive crucial services. Over-executed budgets may result in budget deficits and increased public debt levels and can influence the macroeconomic stability. In both cases, lack of budget credibility undermines the usefulness of the budget process for policy making and implementation and erodes public trust in government.
Publisher
The World Bank
Origin
Commonwealth of Australia
Records
63
Source
Australia | Primary government expenditures as a proportion of original approved budget (%)
1960
1961
1962
1963
1964
1965
1966
1967
1968
1969
1970
1971
1972
1973
1974
1975
1976
1977
1978
1979
1980
1981
1982
1983
1984
1985
1986
1987
1988
1989
1990
1991
1992
1993
1994
1995
1996
1997
1998
1999
2000
2001
2002
2003
2004
2005
2006
2007 119.78845306
2008 129.66762413
2009 109.63228116
2010 101.08060748
2011 103.34261838
2012 98.68314969
2013 104.93157759
2014 100.73331704
2015 99.78783593
2016 98.76376714
2017 98.43444227
2018 99.52123231
2019 110.47236181
2020 127.92880892
2021 104.68829625
2022

Australia | Primary government expenditures as a proportion of original approved budget (%)

Primary government expenditures as a proportion of original approved budget measures the extent to which aggregate budget expenditure outturn reflects the amount originally approved, as defined in government budget documentation and fiscal reports. The coverage is budgetary central government (BCG) and the time period covered is the last three completed fiscal years. Development relevance: The indicator attempts to capture the reliability of government budgets: do governments spend what they intend to and do they collect what they set out to collect. The ability to implement the enacted budget is an important factor in government’s ability to deliver public services and achieve development objectives. The deviation between approved and actual spending is measured over a 12-month period (the budget year) and may have important implications for macroeconomic stability, public service delivery, and social welfare. A credibly implemented budget has only small deviations from the approved one. If expenditure is under-executed, beneficiaries may not receive crucial services. Over-executed budgets may result in budget deficits and increased public debt levels and can influence the macroeconomic stability. In both cases, lack of budget credibility undermines the usefulness of the budget process for policy making and implementation and erodes public trust in government.
Publisher
The World Bank
Origin
Commonwealth of Australia
Records
63
Source