Facts
- Combined corporate income tax rate
- 30.0 % (2023)
- Top statutory personal income tax rate
- 47.0 % (2022)
- Tax revenue, % of GDP
- 23.6 % (2022)
- Top marginal rate incl. employee social security
- 47.0 % (2022)
- OECD member
- Yes
- Corporate income tax rate, central government
- 30.0 % (2023)
- Central CIT rate net of sub-central deduction
- 30.0 % (2023)
- Top marginal income tax rate (PIT only)
- 47.0 % (2022)
- Top rate threshold, × average wage
- 1.90× (2022)
- Average annual wage, US$ PPP
- $63,163 (2022)
- Average annual wage, national currency
- 94,685 (2022)
- Tax revenue level
- 20–25% of GDP
- Taxes on income, profits and capital gains, % of revenue
- 76.6 % (2022)
- Taxes on goods and services, % of value added
- 5.2 % (2022)
- ISO code
- AUS
Sources: OECD Corporate Tax Statistics, OECD Tax Database, World Bank WDI (CC BY 4.0)
Tax revenue, % of GDP
| Period | Value |
|---|---|
| 2022 | 23.6 % |
| 2021 | 23.0 % |
| 2020 | 22.5 % |
| 2019 | 23.3 % |
| 2018 | 23.1 % |
| 2017 | 22.0 % |
| 2016 | 22.2 % |
| 2015 | 21.8 % |
| 2014 | 21.8 % |
| 2013 | 21.9 % |
| 2012 | 21.0 % |
| 2011 | 20.3 % |
Taxes on income, profits and capital gains, % of revenue
| Period | Value |
|---|---|
| 2022 | 76.6 % |
| 2021 | 73.1 % |
| 2020 | 73.4 % |
| 2019 | 74.3 % |
| 2018 | 73.1 % |
| 2017 | 72.4 % |
| 2016 | 71.8 % |
| 2015 | 72.8 % |
| 2014 | 70.9 % |
| 2013 | 71.7 % |
| 2012 | 72.9 % |
| 2011 | 70.9 % |
Taxes on goods and services, % of value added
| Period | Value |
|---|---|
| 2022 | 5.2 % |
| 2021 | 5.7 % |
| 2020 | 5.4 % |
| 2019 | 5.6 % |
| 2018 | 5.9 % |
| 2017 | 5.8 % |
| 2016 | 5.9 % |
| 2015 | 5.7 % |
| 2014 | 6.3 % |
| 2013 | 6.1 % |
| 2012 | 5.7 % |
| 2011 | 6.0 % |
Corporate income tax rate, central government
| Period | Value |
|---|---|
| 2023 | 30.0 % |
| 2022 | 30.0 % |
| 2021 | 30.0 % |
| 2020 | 30.0 % |
| 2019 | 30.0 % |
| 2018 | 30.0 % |
| 2017 | 30.0 % |
| 2016 | 30.0 % |
| 2015 | 30.0 % |
| 2014 | 30.0 % |
| 2013 | 30.0 % |
| 2012 | 30.0 % |
Combined corporate income tax rate
| Period | Value |
|---|---|
| 2023 | 30.0 % |
| 2022 | 30.0 % |
| 2021 | 30.0 % |
| 2020 | 30.0 % |
| 2019 | 30.0 % |
| 2018 | 30.0 % |
| 2017 | 30.0 % |
| 2016 | 30.0 % |
| 2015 | 30.0 % |
| 2014 | 30.0 % |
| 2013 | 30.0 % |
| 2012 | 30.0 % |
Average annual wage, US$ PPP
| Period | Value |
|---|---|
| 2022 | $63,163 |
| 2021 | $62,337 |
| 2020 | $61,739 |
| 2019 | $59,519 |
| 2018 | $58,256 |
| 2017 | $56,401 |
| 2016 | $56,573 |
| 2015 | $54,774 |
| 2014 | $54,671 |
| 2013 | $53,606 |
| 2012 | $48,085 |
| 2011 | $46,261 |
Year by year · 34
| Country-year | Combined corporate income tax rate | Top statutory personal income tax rate | Tax revenue, % of GDP |
|---|---|---|---|
| Australia 2023 | 30.0 % | — | — |
| Australia 2022 | 30.0 % | — | — |
| Australia 2021 | 30.0 % | — | — |
| Australia 2020 | 30.0 % | — | — |
| Australia 2019 | 30.0 % | — | — |
| Australia 2018 | 30.0 % | — | — |
| Australia 2017 | 30.0 % | — | — |
| Australia 2016 | 30.0 % | — | — |
| Australia 2015 | 30.0 % | — | — |
| Australia 2014 | 30.0 % | — | — |
| Australia 2013 | 30.0 % | — | — |
| Australia 2012 | 30.0 % | — | — |
| Australia 2011 | 30.0 % | — | — |
| Australia 2010 | 30.0 % | — | — |
| Australia 2009 | 30.0 % | — | — |
| Australia 2008 | 30.0 % | — | — |
| Australia 2007 | 30.0 % | — | — |
| Australia 2006 | 30.0 % | — | — |
| Australia 2005 | 30.0 % | — | — |
| Australia 2004 | 30.0 % | — | — |
| Australia 2003 | 30.0 % | — | — |
| Australia 2002 | 30.0 % | — | — |
| Australia 2001 | 30.0 % | — | — |
| Australia 2000 | 34.0 % | — | — |
| Australia 1999 | — | — | 22.4 % |
| Australia 1998 | — | — | 22.2 % |
| Australia 1997 | — | — | 22.3 % |
| Australia 1996 | — | — | 21.8 % |
| Australia 1995 | — | — | 21.1 % |
| Australia 1994 | — | — | 20.0 % |
| Australia 1993 | — | — | 20.0 % |
| Australia 1992 | — | — | 20.6 % |
| Australia 1991 | — | — | 22.3 % |
| Australia 1990 | — | — | 22.4 % |