26 datasets found
  1. Average value of personal debt in Australia 2024, by generation

    • statista.com
    Updated Nov 7, 2024
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    Statista (2024). Average value of personal debt in Australia 2024, by generation [Dataset]. https://www.statista.com/statistics/1227995/australia-average-personal-debt-value-by-generation/
    Explore at:
    Dataset updated
    Nov 7, 2024
    Dataset authored and provided by
    Statistahttp://statista.com/
    Time period covered
    Jul 2024
    Area covered
    Australia
    Description

    According to a 2024 survey in Australia, nearly 47 percent of Gen Z respondents had no debt at all. The generation with the second-highest share of respondents with no debt was the Baby Boomer generation, in which nearly 45 percent of respondents said they had no debt.

  2. Australia Household Debt: % of GDP

    • ceicdata.com
    • dr.ceicdata.com
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    CEICdata.com, Australia Household Debt: % of GDP [Dataset]. https://www.ceicdata.com/en/indicator/australia/household-debt--of-nominal-gdp
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    Dataset provided by
    CEIC Data
    License

    Attribution 4.0 (CC BY 4.0)https://creativecommons.org/licenses/by/4.0/
    License information was derived automatically

    Time period covered
    Jun 1, 2020 - Mar 1, 2023
    Area covered
    Australia
    Description

    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.

  3. Average BNPL debt Australia 2021-2024

    • statista.com
    Updated May 8, 2025
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    Statista (2025). Average BNPL debt Australia 2021-2024 [Dataset]. https://www.statista.com/statistics/1414981/australia-average-bnpl-debt/
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    Dataset updated
    May 8, 2025
    Dataset authored and provided by
    Statistahttp://statista.com/
    Time period covered
    Jul 2021 - Jul 2024
    Area covered
    Australia
    Description

    According to a 2024 survey on buy now pay later (BNPL) services, the average amount of debt BNPL users carried in Australia as of July 2024 stood at approximately 867 Australian dollars. The BNPL debts in Australia peaked in January 2022, when users had an average BNPL debt amount of 1.78 thousand Australian dollars.

  4. Share of personal debt in Australia November 2019-2023, by type

    • statista.com
    Updated Apr 3, 2024
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    Statista (2024). Share of personal debt in Australia November 2019-2023, by type [Dataset]. https://www.statista.com/statistics/1228024/australia-share-of-personal-debt-by-type/
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    Dataset updated
    Apr 3, 2024
    Dataset authored and provided by
    Statistahttp://statista.com/
    Area covered
    Australia
    Description

    According to a survey conducted in November 2023 among Australian consumers, 48 percent of respondents accumulated debt in the form of credit cards. According to the source, 2023 Buy Now, Pay Later (BNPL) services became the second most common form of personal debt in Australia.  Personal debt on the rise According to a survey, the average value of personal debt (excluding home loans) across all generations in Australia had increased between 2020 and 2021. While this is unlikely only attributed to the accessibility of BNPL services, some financial advisors have voiced their concerns about the overuse of such services. In a recent survey among financial advisors, most respondents stated that among their clients with BNPL debt, the majority were struggling to pay living expenses. Buy Now, Pay Later services Buy Now, Pay Later services are widely available across Australia. As the name implies, consumers can purchase a product immediately using a credit service, while paying off the purchase amount in pre-agreed installments. Little to no fees are charged unless the installment payments are not made as agreed. A quarter of Australians who shop online have used this form of payment on clothing or accessory purchases. Afterpay, Zip, and Latitude Pay were all commonly known BNPL services in the country. It is not uncommon for consumers to have multiple BNPL accounts, largely because a particular store did not offer an existing service provider.

  5. Australia Debt Service Ratio: Households

    • ceicdata.com
    Updated Feb 15, 2025
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    CEICdata.com (2025). Australia Debt Service Ratio: Households [Dataset]. https://www.ceicdata.com/en/indicator/australia/debt-service-ratio-households
    Explore at:
    Dataset updated
    Feb 15, 2025
    Dataset provided by
    CEIC Data
    License

    Attribution 4.0 (CC BY 4.0)https://creativecommons.org/licenses/by/4.0/
    License information was derived automatically

    Time period covered
    Dec 1, 2021 - Sep 1, 2024
    Area covered
    Australia
    Variables measured
    Performance Indicators
    Description

    Key information about Australia Debt Service Ratio: Households

    • Australia Debt Service Ratio: Households was reported at 17.500 % in Sep 2024
    • This records an increase from the previous number of 17.400 % for Jun 2024
    • Australia Debt Service Ratio: Households data is updated quarterly, averaging 15.300 % from Mar 1999 to Sep 2024, with 103 observations
    • The data reached an all-time high of 18.200 % in Jun 2008 and a record low of 10.000 % in Mar 1999
    • Australia Debt Service Ratio: Households data remains active status in CEIC and is reported by Bank for International Settlements
    • The data is categorized under World Trend Plus’s Association: Banking Sector – Table RC.BIS.DSR: G2 Households (HH) and Non-Profit Institution Serving Households (NPISHs): Quarterly

  6. A

    Australia Household debt to GDP, in percent, December, 2024 - data, chart |...

    • theglobaleconomy.com
    csv, excel, xml
    Updated Dec 15, 2024
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    Globalen LLC (2024). Australia Household debt to GDP, in percent, December, 2024 - data, chart | TheGlobalEconomy.com [Dataset]. www.theglobaleconomy.com/Australia/household_debt_gdp/
    Explore at:
    csv, xml, excelAvailable download formats
    Dataset updated
    Dec 15, 2024
    Dataset authored and provided by
    Globalen LLC
    License

    Attribution 4.0 (CC BY 4.0)https://creativecommons.org/licenses/by/4.0/
    License information was derived automatically

    Time period covered
    Mar 31, 1999 - Dec 31, 2024
    Area covered
    Australia
    Description

    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 1999 to December 2024 is 105.34 percent. The minimum of 64.1 percent was recorded in March 1999, while the maximum of 124.4 percent was reached in September 2016. | TheGlobalEconomy.com

  7. T

    Australia Government Net Debt to GDP

    • tradingeconomics.com
    • de.tradingeconomics.com
    • +13more
    csv, excel, json, xml
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    TRADING ECONOMICS, Australia Government Net Debt to GDP [Dataset]. https://tradingeconomics.com/australia/government-debt-to-gdp
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    excel, xml, json, csvAvailable download formats
    Dataset authored and provided by
    TRADING ECONOMICS
    License

    Attribution 4.0 (CC BY 4.0)https://creativecommons.org/licenses/by/4.0/
    License information was derived automatically

    Time period covered
    Dec 31, 1971 - Dec 31, 2024
    Area covered
    Australia
    Description

    Australia recorded a Government Debt to GDP of 43.80 percent of the country's Gross Domestic Product in 2024. This dataset provides - Australia Government Debt To GDP - actual values, historical data, forecast, chart, statistics, economic calendar and news.

  8. Debt Collection in Australia - Market Research Report (2015-2030)

    • ibisworld.com
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    IBISWorld, Debt Collection in Australia - Market Research Report (2015-2030) [Dataset]. https://www.ibisworld.com/au/industry/debt-collection/1701/
    Explore at:
    Dataset authored and provided by
    IBISWorld
    License

    https://www.ibisworld.com/about/termsofuse/https://www.ibisworld.com/about/termsofuse/

    Time period covered
    2013 - 2028
    Area covered
    Australia
    Description

    The Debt Collection industry's performance tends to improve when economic conditions are weak, as these factors can elevate business bankruptcies and cause more households to default on loans. On the other hand, a strong economy and tight lending practices can dampen debt collection agencies' performance. Households and businesses pay down debts when the economy is performing well, while tighter lending practices leads to better loans that are less likely to default.While economic conditions weakened in the COVID-19 outbreak's aftermath, the government provided businesses with assistance via stimulus measures to ensure that they could remain in operation. This factor dampened business bankruptcies during the pandemic, dulling demand for debt collection services. Long-term drops in business bankruptcies, the household debt to assets ratio and the ratio of credit card debt to discretionary income have cut into industry profit margins. Despite these trends, debt collection agencies are starting to recover. Inflationary pressures have been ramping up, and the RBA has been raising the cash rate consistently to combat this climb. Resulting rises in interest rates and the cost of borrowing have made it more likely for households and businesses to accumulate bad debt. Revenue is expected to fall at an annualised 7.1% to an estimated $1.2 billion over the five years through 2023-24. However, this trend includes an expected rise of 9.4% in 2023-24, as recovering demand for debt collection services has sparked improved performance.Debt collection agencies' performance is set to keep recovering over the next few years. Climbing interest rates will lift the ratio of interest payments to disposable income, making it more likely that downstream markets will seek out debt collection services. Agencies are also likely to improve their profit margins; many debt collectors are implementing process automation via web portals, which can improve productivity and automate communications functions like sending emails and messages. Growth opportunities are also on track to arise for debt collectors, as more companies will be outsourcing receivables management to specialists in the industry – particularly companies in the finance, insurance, banking and telecommunications sectors. Overall, revenue is forecast to climb at an annualised 1.1% to an estimated $1.3 billion over the five years through 2028-29, reflecting the industry's improved operating conditions.

  9. Average remaining home loan balance Australia 2024, by state

    • statista.com
    • ai-chatbox.pro
    Updated Jan 6, 2025
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    Statista (2025). Average remaining home loan balance Australia 2024, by state [Dataset]. https://www.statista.com/statistics/1358640/australia-average-remaining-home-loan-balance-by-state/
    Explore at:
    Dataset updated
    Jan 6, 2025
    Dataset authored and provided by
    Statistahttp://statista.com/
    Time period covered
    Nov 2024
    Area covered
    Australia
    Description

    As of November 2024, the average remaining home loan balance was the highest in New South Wales, with an average outstanding balance of around 362,935 Australian dollars. In comparison, the average outstanding mortgage balance in Western Australia came to approximately 268,150 Australian dollars.

  10. A

    Australia Government debt - data, chart | TheGlobalEconomy.com

    • theglobaleconomy.com
    csv, excel, xml
    Updated May 1, 2015
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    Globalen LLC (2015). Australia Government debt - data, chart | TheGlobalEconomy.com [Dataset]. www.theglobaleconomy.com/Australia/Government_debt/
    Explore at:
    excel, csv, xmlAvailable download formats
    Dataset updated
    May 1, 2015
    Dataset authored and provided by
    Globalen LLC
    License

    Attribution 4.0 (CC BY 4.0)https://creativecommons.org/licenses/by/4.0/
    License information was derived automatically

    Time period covered
    Dec 31, 1989 - Dec 31, 2022
    Area covered
    Australia
    Description

    Australia: Government debt as percent of GDP: The latest value from 2022 is 50.26 percent, a decline from 55.45 percent in 2021. In comparison, the world average is 59.99 percent, based on data from 174 countries. Historically, the average for Australia from 1989 to 2022 is 27.06 percent. The minimum value, 9.66 percent, was reached in 2007 while the maximum of 57 percent was recorded in 2020.

  11. A

    Australia Debt service ratios for private non-financial sector, December,...

    • theglobaleconomy.com
    csv, excel, xml
    Updated Aug 4, 2024
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    Globalen LLC (2024). Australia Debt service ratios for private non-financial sector, December, 2024 - data, chart | TheGlobalEconomy.com [Dataset]. www.theglobaleconomy.com/Australia/debt_service_ratio_private_non-financial_sector/
    Explore at:
    xml, csv, excelAvailable download formats
    Dataset updated
    Aug 4, 2024
    Dataset authored and provided by
    Globalen LLC
    License

    Attribution 4.0 (CC BY 4.0)https://creativecommons.org/licenses/by/4.0/
    License information was derived automatically

    Time period covered
    Mar 31, 2000 - Dec 31, 2024
    Area covered
    Australia
    Description

    Debt service ratios for private non-financial sector in Australia, December, 2024 The most recent value is 21.7 percent as of Q4 2024, an increase compared to the previous value of 21.5 percent. Historically, the average for Australia from Q1 2000 to Q4 2024 is 20.07 percent. The minimum of 16.4 percent was recorded in Q1 2002, while the maximum of 25 percent was reached in Q2 2008. | TheGlobalEconomy.com

  12. M

    National Australia Bank Debt/Equity Ratio 2010-2024 | NABZY

    • macrotrends.net
    csv
    Updated Jul 31, 2025
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    MACROTRENDS (2025). National Australia Bank Debt/Equity Ratio 2010-2024 | NABZY [Dataset]. https://www.macrotrends.net/stocks/charts/NABZY/national-australia-bank/debt-equity-ratio
    Explore at:
    csvAvailable download formats
    Dataset updated
    Jul 31, 2025
    Dataset authored and provided by
    MACROTRENDS
    License

    Attribution 4.0 (CC BY 4.0)https://creativecommons.org/licenses/by/4.0/
    License information was derived automatically

    Time period covered
    2010 - 2025
    Area covered
    United States
    Description

    National Australia Bank debt/equity ratio for the quarter ending September 30, 2024 was 2.67. National Australia Bank average debt/equity ratio for 2023 was 2.3, a 14.43% increase from 2022. National Australia Bank average debt/equity ratio for 2022 was 2.01, a 6.35% increase from 2021. National Australia Bank average debt/equity ratio for 2021 was 1.89, a 21.58% increase from 2020. Debt/equity ratio can be defined as a measure of a company's financial leverage calculated by dividing its long-term debt by stockholders' equity.

  13. G

    External debt in Australia/Oceania | TheGlobalEconomy.com

    • theglobaleconomy.com
    csv, excel, xml
    Updated Mar 15, 2019
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    Globalen LLC (2019). External debt in Australia/Oceania | TheGlobalEconomy.com [Dataset]. www.theglobaleconomy.com/rankings/external_debt/Australia/
    Explore at:
    csv, excel, xmlAvailable download formats
    Dataset updated
    Mar 15, 2019
    Dataset authored and provided by
    Globalen LLC
    License

    Attribution 4.0 (CC BY 4.0)https://creativecommons.org/licenses/by/4.0/
    License information was derived automatically

    Time period covered
    Dec 31, 1970 - Dec 31, 2022
    Area covered
    World, Australia
    Description

    The average for 2022 based on 5 countries was 48.89 percent. The highest value was in Papua New Guinea: 62.75 percent and the lowest value was in the Solomon Islands: 31.33 percent. The indicator is available from 1970 to 2022. Below is a chart for all countries where data are available.

  14. Australia Private Debt: % of Nominal GDP

    • ceicdata.com
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    CEICdata.com, Australia Private Debt: % of Nominal GDP [Dataset]. https://www.ceicdata.com/en/indicator/australia/private-debt--of-nominal-gdp
    Explore at:
    Dataset provided by
    CEIC Data
    License

    Attribution 4.0 (CC BY 4.0)https://creativecommons.org/licenses/by/4.0/
    License information was derived automatically

    Time period covered
    Mar 1, 2022 - Dec 1, 2024
    Area covered
    Australia
    Description

    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.

  15. A

    Australia Short-term debt to reserves - data, chart | TheGlobalEconomy.com

    • theglobaleconomy.com
    csv, excel, xml
    Updated May 27, 2018
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    Globalen LLC (2018). Australia Short-term debt to reserves - data, chart | TheGlobalEconomy.com [Dataset]. www.theglobaleconomy.com/Australia/short_term_debt_to_reserves/
    Explore at:
    xml, excel, csvAvailable download formats
    Dataset updated
    May 27, 2018
    Dataset authored and provided by
    Globalen LLC
    License

    Attribution 4.0 (CC BY 4.0)https://creativecommons.org/licenses/by/4.0/
    License information was derived automatically

    Area covered
    Australia
    Description

    Australia: Short-term external debt, percent of international reserves: The latest value from is percent, unavailable from percent in . In comparison, the world average is 0.00 percent, based on data from countries. Historically, the average for Australia from to is percent. The minimum value, percent, was reached in while the maximum of percent was recorded in .

  16. Debt of dairy farm businesses in Australia FY 2014-2023

    • statista.com
    Updated Dec 13, 2024
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    Statista (2024). Debt of dairy farm businesses in Australia FY 2014-2023 [Dataset]. https://www.statista.com/statistics/1335903/australia-dairy-farm-business-debt/
    Explore at:
    Dataset updated
    Dec 13, 2024
    Dataset authored and provided by
    Statistahttp://statista.com/
    Area covered
    Australia
    Description

    In financial year 2023, the average debt of dairy farm businesses in Australia was around 1.45 million Australian dollars. The average debt of dairy farms steadily increased over the reported period, but 2023 showed the first real decrease in debt.

  17. d

    Australian vegetable-growing farms: Debt and equity web-report

    • data.gov.au
    • devweb.dga.links.com.au
    • +1more
    html, xml
    Updated Aug 9, 2023
    + more versions
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    Australian Bureau of Agricultural and Resource Economics and Sciences (2023). Australian vegetable-growing farms: Debt and equity web-report [Dataset]. https://data.gov.au/data/dataset/activity/australian-vegetable-growing-farms-debt-and-equity-web-report
    Explore at:
    html, xmlAvailable download formats
    Dataset updated
    Aug 9, 2023
    Dataset authored and provided by
    Australian Bureau of Agricultural and Resource Economics and Sciences
    License

    Attribution 4.0 (CC BY 4.0)https://creativecommons.org/licenses/by/4.0/
    License information was derived automatically

    Area covered
    Australia
    Description

    Overview

    Since 2007 ABARES has conducted an annual survey of vegetable-growing farm businesses to provide industry and government with information about farm-level production and the financial situation of vegetable growers. These web-reports present estimates of farm financial performance, farm debt, farm equity, farm capital and farm investment for the vegetable-growing industry from 2006-07 to 2016-17.

    Key Issues
    • Average farm debt of Australian vegetable-growing farms is estimated to have increased by around 15 per cent to around $542,900 per farm in 2015-16 (in 2016-17 dollars). From 2006-07 to 2015-16 the average equity ratio of vegetable-growing farms remained strong and fluctuated around 86 per cent. The average proportion of farm receipts needed to fund interest payments is projected to have fallen to a ten-year low 2 per cent in 2016-17.

  18. d

    Australian dairy: financial performance of dairy farms, 2014-15 to 2016-17

    • data.gov.au
    • data.wu.ac.at
    pdf, xml
    Updated Aug 9, 2023
    + more versions
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    Australian Bureau of Agricultural and Resource Economics and Sciences (2023). Australian dairy: financial performance of dairy farms, 2014-15 to 2016-17 [Dataset]. https://data.gov.au/data/dataset/pb_ffpdryd9aas20170518
    Explore at:
    xml, pdfAvailable download formats
    Dataset updated
    Aug 9, 2023
    Dataset authored and provided by
    Australian Bureau of Agricultural and Resource Economics and Sciences
    License

    Attribution 4.0 (CC BY 4.0)https://creativecommons.org/licenses/by/4.0/
    License information was derived automatically

    Area covered
    Australia
    Description

    Overview
    This report presents the detailed financial performance estimates of dairy farmers in 2014-15, 2015-16 and 2016-17, and discusses incomes, investment, farm debt, and costs of production in a historical context. The report draws on data from the ABARES annual Australian Dairy Industry Survey (ADIS).

    This report is a collation of chapters that have been previously published online.

    Farm financial performance (published 18 May 2017) This chapter presents estimates of the incomes, profits, costs and rates of return for dairy farms. Key Issues
    Average farm cash income of Australian dairy farms is projected to decrease by around 18 per cent in 2016-17 to $105,000 per farm. Farm cash income in 2016-17 is projected to be an estimated 8 per cent lower than the average between 2000-01 and 2015-16 (in real terms*). The expected decrease in incomes is a result of reduced milk production per farm and lower milk receipts due to low prices.

    • Note: real dollar values are adjusted to remove the effect of inflation.

    Farm debt and equity (published 12 July 2017) This chapter presents estimates of the debt, equity, and debt-servicing capacity for dairy farms. Key Issues
    Average farm debt of Australian dairy farms is estimate to have increased by around 2 per cent to $956,000 in 2015-16 (in 2016–17 dollars). Average dairy farm debt is projected to decrease by around 6 per cent in 2016-17. The average equity ratio of dairy farms at the national level declined from 85 per cent in 2004-05 to an estimated 79 per cent in 2015-16. The proportion of farm receipts needed to fund interest payments is projected to fall to just under 7 per cent in 2016-17.

    Farm capital and investment (published 8 August 2017) This chapter presents estimates of farm capital and farm investment for dairy farms. Key Issues
    The total value of capital for Australian dairy farms increased by 40 per cent in real terms from 2000-01 to 2015-16. On a per farm basis, total capital increased by 133 per cent to around $4.5 million per farm in 2015-16. The average value of land and fixed improvements per hectare for dairy farms increased by 76 per cent from 2000-01 to 2015-16, with an average annual return on land appreciation of 3.9 per cent.

    Physical characteristics (published 9 November 2017) This chapter presents estimates of physical characteristics for dairy farms. Key Issues
    From 2000-01 to 2015-16 the number of Australian dairy farms fell by 45 per cent. Although most of this decline was in Victoria, the largest percentage decline was in Queensland. The concentration of Australian milk production among the states has shifted considerably, with Victoria and Tasmania expanding their milk production and all other states contracting since 2000-01. Total milk production increased in Tasmania from 2000-01 to 2015-16 but decline in all other states.

  19. Debt of beef farm businesses in Australia FY 2014-2023

    • statista.com
    Updated Dec 13, 2024
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    Statista (2024). Debt of beef farm businesses in Australia FY 2014-2023 [Dataset]. https://www.statista.com/statistics/1335898/australia-beef-farm-business-debt/
    Explore at:
    Dataset updated
    Dec 13, 2024
    Dataset authored and provided by
    Statistahttp://statista.com/
    Area covered
    Australia
    Description

    In financial year 2023, the average debt of beef farm businesses in Australia was around 440 thousand Australian dollars. The average debt of beef farms ranged between 490 to 570 thousand Australian dollars over the reported period.

  20. Debt of cropping farm businesses in Australia FY 2014-2023

    • statista.com
    Updated Dec 13, 2024
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    Statista (2024). Debt of cropping farm businesses in Australia FY 2014-2023 [Dataset]. https://www.statista.com/statistics/1335907/australia-cropping-farm-business-debt/
    Explore at:
    Dataset updated
    Dec 13, 2024
    Dataset authored and provided by
    Statistahttp://statista.com/
    Area covered
    Australia
    Description

    In financial year 2023, the average debt of cropping farm businesses in Australia was around 2.26 million Australian dollars. The average debt of cropping farms increased overall in the reported period, but 2023 was the first year with a decline in debt.

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Statista (2024). Average value of personal debt in Australia 2024, by generation [Dataset]. https://www.statista.com/statistics/1227995/australia-average-personal-debt-value-by-generation/
Organization logo

Average value of personal debt in Australia 2024, by generation

Explore at:
Dataset updated
Nov 7, 2024
Dataset authored and provided by
Statistahttp://statista.com/
Time period covered
Jul 2024
Area covered
Australia
Description

According to a 2024 survey in Australia, nearly 47 percent of Gen Z respondents had no debt at all. The generation with the second-highest share of respondents with no debt was the Baby Boomer generation, in which nearly 45 percent of respondents said they had no debt.

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