Revenue and expenditure

Is Australia high-taxing, high-spending country?

The below chart shows the revenue and expenditure of a wide variety of countries. Australia ranks quite lowly on both measures. Of course, taxation is not the only form of revenue, but it is a broad enough measure for a comparison like this.

Revenue and expenditure of selected countries as proportion of GDP

Source: IMF Fiscal Monitor, April 2014: Statistical Table 3. Advanced Economies: General Government Revenue and Expenditure (Percent of GDP) (2012 figures)