Private Debt to GDP in Australia increased to 70.90 percent in 2024 from 69.20 percent in 2023. Australia Private Debt to GDP - values, historical data, forecasts and news - updated on September of 2025.

Key information about Australia Household Debt: % of GDP

• Australia household debt accounted for 116.6 % of the country's Nominal GDP in Mar 2023, compared with the ratio of 118.0 % in the previous quarter.
• Australia household debt to GDP ratio is updated quarterly, available from Jun 1988 to Mar 2023.
• The data reached an all-time high of 129.4 % in Sep 2016 and a record low of 44.2 % in Sep 1988.

CEIC calculates quarterly Household Debt as % of Nominal GDP from quarterly Household Debt and quarterly Nominal GDP. The Australian Bureau of Statistics provides Household Debt in local currency and Nominal GDP in local currency.


Related information about Australia Household Debt: % of GDP

• In the latest reports, Australia Household Debt reached 1,957.6 USD bn in Mar 2023.
• Money Supply M2 in Australia increased 4.1 % YoY in Jun 2023.
• Australia Foreign Exchange Reserves was measured at 37.1 USD bn in Jun 2023.
• The Foreign Exchange Reserves equaled 1.5 Months of Import in May 2023.
• Australia Domestic Credit reached 3,627.0 USD bn in May 2023, representing an increased of 1.9 % YoY.
• The country's Non Performing Loans Ratio stood at 0.8 % in Mar 2023, compared with the ratio of 0.8 % in the previous quarter.

Key information about Australia Private Debt: % of Nominal GDP

• Australia Private Debt accounted for 126.28 % of its Nominal GDP in Dec 2024, compared with a ratio of 125.31 % in the previous quarter
• Australia Private Debt contribution to Nominal GDP ratio is updated quarterly, available from Mar 1990 to Dec 2024, with an average share of 109.83 %
• The data reached an all-time high of 139.33 % in Dec 2016 and a record low of 56.65 % in Mar 1990

CEIC calculates quarterly Private Debt as % of Nominal GDP from monthly Private Debt and quarterly Nominal GDP. Private Debt is calculated as the sum of Lending to Personal and Non Financial Sector. The Reserve Bank of Australia provides Private Debt in local currency. The Australian Bureau of Statistics provides Nominal GDP in local currency. Private Debt prior to Q2 2003 excludes Financial Businesses.

Households Debt in Australia increased to 112.70 percent of GDP in the first quarter of 2025 from 112.10 percent of GDP in the fourth quarter of 2024. This dataset provides - Australia Households Debt To Gdp- actual values, historical data, forecast, chart, statistics, economic calendar and news.

Graph and download economic data for Household Debt to GDP for Australia (HDTGPDAUQ163N) from Q4 2005 to Q1 2025 about Australia, debt, households, and GDP.

This dataset provides values for PRIVATE DEBT TO GDP reported in several countries. The data includes current values, previous releases, historical highs and record lows, release frequency, reported unit and currency.

Graph and download economic data for Outstanding International Private Debt Securities to GDP for Australia (DDDM05AUA156NWDB) from 1980 to 2020 about Australia, debt, securities, private, and GDP.

This dataset provides values for PRIVATE DEBT TO GDP reported in several countries. The data includes current values, previous releases, historical highs and record lows, release frequency, reported unit and currency.

The ratio of national debt to gross domestic product (GDP) of Australia amounted to approximately 49.83 percent in 2024. Between 1989 and 2024, the ratio rose by around 32.81 percentage points, though the increase followed an uneven trajectory rather than a consistent upward trend. The ratio is forecast to decline by about 0.81 percentage points from 2024 to 2030, fluctuating as it trends downward.The general government gross debt consists of all liabilities that require payment or payments of interest and/or principal by the debtor to the creditor at a date or dates in the future. Here it is depicted in relation to the country's GDP, which refers to the total value of goods and services produced during a year.

Outstanding international private debt securities to GDP (%) in Australia was reported at 46.19 % in 2020, according to the World Bank collection of development indicators, compiled from officially recognized sources. Australia - Outstanding international private debt securities to GDP - actual values, historical data, forecasts and projections were sourced from the World Bank on September of 2025.

Household debt to GDP, in percent in Australia, December, 2024 The most recent value is 112.1 percent as of December 2024, an increase compared to the previous value of 111.5 percent. Historically, the average for Australia from March 1990 to December 2024 is 91.54 percent. The minimum of 45 percent was recorded in September 1990, while the maximum of 124.4 percent was reached in September 2016. | TheGlobalEconomy.com

Australia Domestic Credit: to Private Sector by Banks: % of GDP data was reported at 127.432 % in 2023. This records a decrease from the previous number of 134.021 % for 2022. Australia Domestic Credit: to Private Sector by Banks: % of GDP data is updated yearly, averaging 61.208 % from Dec 1960 (Median) to 2023, with 64 observations. The data reached an all-time high of 142.664 % in 2016 and a record low of 17.250 % in 1961. Australia Domestic Credit: to Private Sector by Banks: % of GDP data remains active status in CEIC and is reported by World Bank. The data is categorized under Global Database’s Australia – Table AU.World Bank.WDI: Bank Loans. Domestic credit to private sector by banks refers to financial resources provided to the private sector by other depository corporations (deposit taking corporations except central banks), such as through loans, purchases of nonequity securities, and trade credits and other accounts receivable, that establish a claim for repayment. For some countries these claims include credit to public enterprises.;International Monetary Fund, International Financial Statistics and data files, and World Bank and OECD GDP estimates.;Weighted average;

Domestic credit to private sector by banks (% of GDP) in Australia was reported at 130 % in 2024, according to the World Bank collection of development indicators, compiled from officially recognized sources. Australia - Domestic credit to private sector by banks (% of GDP) - actual values, historical data, forecasts and projections were sourced from the World Bank on September of 2025.

Key information about Australia Household Debt

• Australia Household Debt reached 2,206.9 USD bn in Sep 2024, compared with the reported number of 2,108.4 USD bn in the previous quarter
• Australia Household Debt: USD mn data is updated quarterly, available from Jun 1988 to Sep 2024
• The data reached an all-time high of 2,206.9 USD bn in Sep 2024 and a record low of 114.4 USD bn in Jun 1988

CEIC converts quarterly Household Debt into USD. The Australian Bureau of Statistics provides Household Debt in local currency. The Federal Reserve Board period end market exchange rate is used for currency conversions.


Further information about Australia Household Debt

• In the latest reports, Australia Household Debt accounted for 116.6 % of the country's Nominal GDP in Mar 2023
• Money Supply M2 in Australia increased 2,036.7 USD bn YoY in Oct 2024
• Australia Foreign Exchange Reserves was measured at 39.3 USD bn in Nov 2024
• The Foreign Exchange Reserves equaled 1.5 Months of Import in May 2023
• Australia Domestic Credit reached 3,928.5 USD bn in Sep 2024, representing an drop of 1.1 % YoY

Graph and download economic data for Private Credit by Deposit Money Banks and Other Financial Institutions to GDP for Australia (DDDI12AUA156NWDB) from 1960 to 2021 about finance companies, companies, Australia, finance, credits, deposits, financial, banks, depository institutions, private, and GDP.

Key information about Australia Total Debt: % of GDP

• Australia Total Debt accounted for 263.7 % of the country's GDP in 2024, compared with the ratio of 261.5 % in the previous quarter.
• Australia Total Debt: % of GDP data is updated quarterly, available from Jun 1988 to Sep 2024.
• The data reached an all-time high of 308.4 % in Sep 2020 and a record low of 177.5 % in Dec 1989.

CEIC calculates quarterly Total Debt as % of Nominal GDP from quarterly Total Debt and quarterly Nominal GDP. Total Debt is calculated as the Total Liabilities of public and private non-financial corporations, general governments, state and local governments and households, less equity (listed and unlisted) and derivatives held by the respective sectors. Australian Bureau of Statistics provides Total Debt in local currency and Nominal GDP in local currency.

Australia: Domestic credit to the private sector, percent of GDP: The latest value from 2020 is 142.29 percent, an increase from 136.29 percent in 2019. In comparison, the world average is 61.27 percent, based on data from 151 countries. Historically, the average for Australia from 1960 to 2020 is 66.47 percent. The minimum value, 17.63 percent, was reached in 1961 while the maximum of 142.68 percent was recorded in 2016.

Australia: Bank credit to the private sector as percent of GDP: The latest value from 2024 is 129.67 percent, an increase from 127.43 percent in 2023. In comparison, the world average is 51.87 percent, based on data from 130 countries. Historically, the average for Australia from 1960 to 2024 is 70.36 percent. The minimum value, 17.25 percent, was reached in 1961 while the maximum of 142.66 percent was recorded in 2016.

Key information about Australia Government Debt: % of GDP

• Australia Government debt accounted for 38.0 % of the country's Nominal GDP in Jun 2023, compared with the ratio of 41.9 % in the previous year.
• Australia government debt to GDP ratio data is updated yearly, available from Jun 1999 to Jun 2023.
• The data reached an all-time high of 47.6 % in Jun 2021 and a record low of 9.6 % in Jun 2007.

CEIC calculates Government Debt as % of Nominal GDP from annual Government Debt and quarterly Nominal GDP. Government Debt is calculated as the sum of General Government Currency & Deposits, Advances and Debt Securities. The Australian Bureau of Statistics provides Government Debt in local currency based on SNA 2008 and Nominal GDP in local currency. Government Debt prior to 2009 is based on SNA 2008 GFMS 2001. Government Debt prior to 2000 is based on SNA 1993. Government Debt as % of Nominal GDP is in annual frequency, ending in June of each year..


Related information about Australia Government Debt: % of GDP

• In the latest reports, Australia National Government Debt reached 650.9 USD bn in Jun 2023.
• The country's Nominal GDP reached 440.1 USD bn in Mar 2023.

Australia - Credit-to-GDP gaps (actual-trend), Credit from All sectors to Private non-financial sector