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.

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.

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.

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.

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.

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.

Il debito privato rispetto al PIL in Australia è aumentato al 70,90 percento nel 2024 rispetto al 69,20 percento nel 2023. Valori correnti, dati storici, previsioni, statistiche, grafici e calendario economico - Australia - Debito privato e PIL.

Key information about Australia External Debt: % of GDP

• Australia External Debt accounted for 112.4 % of the country's Nominal GDP in 2024, compared with the ratio of 109.2 % in the previous year.
• Australia External Debt: % of Nominal GDP data is updated yearly, available from Dec 1988 to Dec 2024.
• The data reached an all-time high of 132.7 % in Dec 2020 and a record low of 43.2 % in Dec 1988.

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


Related information about Australia External Debt: % of GDP

• In the latest reports of Australia, Current Account recorded a deficit of 8.2 USD bn in Dec 2024.
• Foreign Direct Investment (FDI) increased by 12.1 USD bn in Dec 2024.
• Australia Direct Investment Abroad expanded by 12.1 USD bn in Dec 2024.
• Its Foreign Portfolio Investment increased by 37.2 USD bn in Dec 2024.
• The country's External Debt reached 1,892,215.4 in Dec 2024.
• The country's Nominal GDP was reported at 440.1 USD bn in Mar 2023.

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.

Central government debt, total (% of GDP) in Australia was reported at 58.05 % in 2022, according to the World Bank collection of development indicators, compiled from officially recognized sources. Australia - Central government debt, total (% of GDP) - actual values, historical data, forecasts and projections were sourced from the World Bank on September of 2025.

Historical dataset showing Australia debt to gdp ratio by year from 1990 to 2022.

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.

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

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

This dataset provides values for GOVERNMENT DEBT TO GDP.2018 reported in several countries. The data includes current values, previous releases, historical highs and record lows, release frequency, reported unit and currency.

From 2001 to 2024, Japan’s debt-to-GDP ratio has remained the highest among major economies, being consistently above *** percent since around 2010. Italy, the United States, and Canada also exhibit high ratios, with Italy nearing *** percent by 2024. In contrast, Germany, Australia, and China maintain lower ratios, generally below 100 percent, indicating comparatively lower debt levels relative to economic output. A sharp increase in debt levels was visible around 2020 across most countries, reflecting economic challenges during that period.

The national debt of Australia was about ************** U.S. dollars in 2024. Between 1989 and 2024, the national debt rose by approximately ************** U.S. dollars, though the increase followed an uneven trajectory rather than a consistent upward trend. The national debt will steadily rise by around ************** U.S. dollars over the period from 2024 to 2030, reflecting a clear upward trend.

Graph and download economic data for General government gross debt for Australia (GGGDTAAUA188N) from 1989 to 2024 about Australia, debt, gross, and government.

Australia Gross Public Debt: % of GDP: General Government: Debt Securities and Loans data was reported at 51.432 % in Dec 2024. This records a decrease from the previous number of 51.876 % for Sep 2024. Australia Gross Public Debt: % of GDP: General Government: Debt Securities and Loans data is updated quarterly, averaging 19.866 % from Mar 1995 (Median) to Dec 2024, with 120 observations. The data reached an all-time high of 55.266 % in Mar 2021 and a record low of 8.615 % in Mar 2007. Australia Gross Public Debt: % of GDP: General Government: Debt Securities and Loans 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.QPSD: Gross Public Debt: % of GDP: General Government.

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