{"id":1221,"date":"2012-09-18T13:00:56","date_gmt":"2012-09-18T03:00:56","guid":{"rendered":"http:\/\/www.aspistrategist.ru\/?p=1221"},"modified":"2012-09-19T22:15:15","modified_gmt":"2012-09-19T12:15:15","slug":"graph-of-the-week-revenues-and-defence-spending","status":"publish","type":"post","link":"https:\/\/www.aspistrategist.ru\/graph-of-the-week-revenues-and-defence-spending\/","title":{"rendered":"Graph(s) of the week: revenues and defence spending"},"content":{"rendered":"
Regular contributor Peter Layton drew my attention to the final chart in the \u2018Tax Chartacular\u2019<\/a>\u00a0at the Mark the Graph blog. It shows Australia\u2019s total taxation burden 1959\u20132011 as a proportion of the nominal GDP. It shows a steep decline in the total tax take over the past few years, suggesting that governments face some tough choice when setting spending priorities.<\/p>\n The data used to produce that chart was total taxation, which includes state revenues which aren\u2019t available for defence. A better measure is to look at the total revenue received by the Federal Government (below, click to enlarge).<\/p>\n <\/a>Sources: Australian Bureau of Statistics data set 5206<\/a> for GDP, budget 2012\u201313<\/a> for receipts.<\/p>\n This graph shows very clearly the conundrum facing the government (and thus Defence) at the moment. During the period between the 2000 Defence white paper and the GFC in late 2008, Federal Government revenues averaged 25.4% of GDP. Since then the average has been 22.4%, a figure not seen since the first half of the 1990s.<\/p>\n Here\u2019s another chart, again drawn from ABS data. It\u2019s the defence budget over the same period as the one above, with the effect of inflation removed.<\/p>\n <\/a>Source: ASPI Cost of Defence brief 2011\u201312, based on ABS defence spending figures.<\/p>\n