Public Expenditure
| Year |
% of GDP spent by Govt (1) |
| 1979/80 |
42.50 |
| 1980/81 |
44.75 |
| 1981/82 |
45.50 |
| 1982/83 |
45.50 |
| 1983/84 |
44.75 |
| 1984/85 |
45.25 |
| 1985/86 |
43.25 |
| 1986/87 |
42.25 |
| 1987/88 |
40.50 |
| 1988/89 |
38.00 |
| 1989/90 |
38.25 |
| 1990/91 |
39.00 |
| 1991/92 |
41.00 |
| 1992/93 |
43.50 |
| 1993/94 |
43.50 |
| 1994/95 |
42.75 |
| 1995/96 |
41.25 |
| 1996/97 |
41.00 |
| 1997/98 |
39.50 |
| 1998/99 |
38.75 |
| Source: Financial Statement and Budget Report, July 1997
|
| (1) Government Spending is central and local
combined, adjusted to exclude privatisation proceeds, National Lottery proceeds, and receipts
and dividends from public corporations and the private sector. |
|