5506.0 - Taxation Revenue, Australia, 2015-16 Quality Declaration
ARCHIVED ISSUE Released at 11:30 AM (CANBERRA TIME) 27/04/2017
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TAXATION REVENUE AS A PROPORTION OF GROSS DOMESTIC PRODUCT (GDP)
Total taxation revenue as a proportion of GDP increased from 27.6% in 2014-15 to 28.1% in 2015-16. As a percentage of GDP, taxation revenue for the Commonwealth Government was 22.4%, state government 4.8% 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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