5506.0 - Taxation Revenue, Australia, 2014-15 Quality Declaration
ARCHIVED ISSUE Released at 11:30 AM (CANBERRA TIME) 26/04/2016
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TAXATION REVENUE AS A PROPORTION OF GROSS DOMESTIC PRODUCT (GDP)
Total taxation revenue as a proportion of GDP increased from 27.5% in 2013-14 to 27.7% in 2014-15. As a percentage of GDP, taxation revenue for the Commonwealth Government was 22.2%, state government 4.6% and local government 1.0%. Details of the calculation are in paragraph 13 of the Explanatory Notes section.
Source(s): Taxation Revenue, Australia
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