Public sector spending has outpaced income since 2001

Public sector receipts and total managed expenditure as share of GDP, %

Receipts (income)

Expenditure

55%

Forecast

50

45

40

35

30

1994-95

2004-05

2014-15

2024-25

Receipts (income)

Expenditure

55%

Forecast

50

45

40

35

30

1994-95

2004-05

2014-15

2024-25

Receipts (income)

Expenditure

55%

Forecast

50

45

40

35

30

1994-95

2004-05

2014-15

2024-25

Receipts (income)

Expenditure

55%

Forecast

50

45

40

35

30

1994-95

1999-00

2004-05

2009-10

2014-15

2019-20

2024-25