Condition
Tax take
How much of the economy does the Commonwealth collect in tax?
Tax take: 23.0% in 2021-22, 23.7% in 2024-25. The highest level since 2005-06.
- Latest
- 23.7%
- Since the government took office
- Higher+0.7 pts
- Over the past year
- little changed+0.10 pts
Commonwealth tax receipts, % of GDP
- Share of GDP
- Financial years
What this is
All tax collected by the Commonwealth (income tax, company tax, GST and the rest) as a share of the whole economy, from the historical tables published with each Budget.
Why it matters
It shows how much of the economy passes through the federal government in tax. Bracket creep, rising company profits and policy decisions all move it.
More from the figures
- Commonwealth tax receipts were 23.7% of GDP in 2024-25, against 23.0% in 2021-22.
- That is the highest share since 2005-06.
- These are Commonwealth taxes only. State taxes such as stamp duty and payroll tax are not included.
- Bracket creep, where pay rises push more income into higher tax brackets, lifts the share over time unless tax rates are cut.
How it’s calculated
Australian Government general government sector taxation receipts as a share of nominal GDP, from the historical tables in the latest Budget. Years marked as estimates in the Budget are shown as estimates.