[NEWS]Australia's budget 1932
| Overview | ||
|---|---|---|
| Budget Year: | 1931 | |
| Country Name: | Commonwealth of Australia | |
| 1930's Nominal GDP: | $33,662,000,000.00 | |
| 1930's Population: | 6,396,000.00 | |
| 1930's GDP Per Capita: | $5,262.98 | |
| 1930's Growth | ||
| GDP Growth: | -1.00% | |
| Population Growth: | 1.40% | |
| 1931's Economy | ||
| Nominal GDP: | $33,325,380,000.00 | |
| Budget Size: | $7,998,091,200.00 | |
| Population: | 6,485,544.00 | |
| GDP Per Capita: | $5,138.41 | |
| Tax Policy for 1931 | ||
| Taxes [%GDP]: | 40.00% | |
| Spending [%GDP]: | 24.00% | |
| Deficit/Surplus [%GDP]: | 16.00% | |
| Deficit/Surplus [USD]: | $5,332,060,800.00 | |
| Spending Categories | % of Budget | % of GDP |
| Government Function | 25.00% | 6.00% |
| Defense | 11.39% | 2.73% |
| Infrastructure & Transportation | 11.00% | 2.64% |
| Welfare | 1.64% | 0.39% |
| Health Care | 0.61% | 0.15% |
| Social Security | 0.00% | 0.00% |
| Energy | 10.00% | 2.40% |
| Research, Science & Technology | 4.96% | 1.19% |
| Education | 5.00% | 1.20% |
| Resources & Agriculture | 10.00% | 2.40% |
| Environment | 1.00% | 0.24% |
| Foreign Aid | 0.00% | 0.00% |
| Other | 0.00% | 0.00% |
| Interest Payments | 19.40% | 4.66% |
| Total Percent of Budget Allocated: | 100.00% | **← **Must equal 100% |
Posted Aug 17, 2017, 7:48 PM UTC
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