Key budget figures in Labor costings

Labor has outlined a series of bigger budget surpluses if elected to government on May 18.

Chris Bowen delivers Labor's costings. Source: AAP

LABOR'S BUDGET BOTTOM LINE

2019/20 - Surplus of $7.448 billion (compared to $7.051 in PEFO)

2020/21 - Surplus of $13.182 billion ($11.003 billion in PEFO)

2021/22 - Surplus of $19.761 billion ($17.792 billion in PEFO)

2022/23 - Surplus of $21.788 billion ($9.165 billion in PEFO)

Surpluses over the forward estimates - $57.9 billion ($40.8 billion under coalition)

(Source: Labor costings document)