Government budget and revenue in Victoria, Australia: official figures
The Victoria government raised $93,040 million in revenue and spent $99,006 million in 2024-25 (general government sector), a net operating balance of -$5,967 million.
How much does the Victoria government spend per person?
Spending by the Victoria government in 2024-25 came to $13,996 per resident (2nd lowest of 8 states and territories).
Source: Australian Bureau of Statistics · saved copyHow much tax does the Victoria government collect?
Taxation raised $39,642 million for the Victoria government in 2024-25, $5,604 per resident (3rd highest of 8); grants from other governments (mostly the Commonwealth) were $37,246 million, 40% of revenue.
Source: Australian Bureau of Statistics · saved copyHow much does the Victoria government spend on health?
Health took $31,588 million, 31.9% of Victoria government spending in 2024-25 (3rd highest of 8 shares).
Source: Australian Bureau of Statistics · saved copyHow much does the Victoria government spend on education?
Education took $19,340 million, 19.5% of Victoria government spending in 2024-25 (4th lowest of 8 shares).
Source: Australian Bureau of Statistics · saved copyHow much does the Victoria government spend on police and transport?
Public order and safety (police, courts, prisons and fire services) cost $11,974 million, transport $8,153 million and social protection $9,436 million in the Victoria government budget for 2024-25.
Source: Australian Bureau of Statistics · saved copyHow much debt does the Victoria government have?
At 30 June 2025 the Victoria government had total liabilities of $221,741 million ($31,347 per resident) and net worth of $282,421 million; net financial worth was $14,923 million.
Source: Australian Bureau of Statistics · saved copyHow Victoria compares with other states
State government spending per resident, 2024-25 ($) (2024-25)
Victoria ranks 7 of 8, highest first.
| Rank | Region | State government spending per resident, 2024-25 ($) |
|---|---|---|
| 2 | Australian Capital Territory | $18,587 |
| 3 | Tasmania | $16,631 |
| 4 | Queensland | $16,089 |
| 5 | Western Australia | $15,247 |
| 6 | South Australia | $14,266 |
| 7 | Victoria | $13,996 |
| 8 | New South Wales | $13,846 |
Health share of state government spending, 2024-25 (2024-25)
Victoria ranks 3 of 8, highest first.
| Rank | Region | Health share of state government spending, 2024-25 |
|---|---|---|
| 1 | Tasmania | 36.0% |
| 2 | South Australia | 34.3% |
| 3 | Victoria | 31.9% |
| 4 | Queensland | 31.5% |
| 5 | Western Australia | 31.2% |
| 6 | Australian Capital Territory | 30.7% |
| 7 | New South Wales | 27.1% |
Net operating balance as a share of revenue, 2024-25 (2024-25)
Victoria ranks 5 of 8, highest first.
| Rank | Region | Net operating balance as a share of revenue, 2024-25 |
|---|---|---|
| 2 | South Australia | 0.2% |
| 3 | New South Wales | 0.0% |
| 4 | Queensland | -5.8% |
| 5 | Victoria | -6.4% |
| 6 | Northern Territory | -11.5% |
| 7 | Tasmania | -13.7% |
| 8 | Australian Capital Territory | -18.5% |
More on Victoria: overview · economy and jobs · health · education and schools · poverty and living standards · Australia
Sources
- Australian Bureau of Statistics: Government Finance Statistics, Australia, 2024-25: state general government operating statement, balance sheet and expenses by purpose, read 23 October 2026 · saved copy (SHA-256 a22f46e52d4e…)
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