Australia External Debt: Short Term: % of GDP
Australia External Debt: Short Term accounted for 24.5 % of the country's Nominal GDP in 2019, compared with the ratio of 25.6 % in the previous year. Australia External Debt: Short Term: % of Nominal GDP data is updated yearly, available from 1988 to 2019. The data reached an all-time high of 28.6 % in 2015 and a record low of 10.7 % in 1988. CEIC calculates Short Term External Debt as % of Nominal GDP from quarterly Short Term External Debt and quarterly Nominal GDP. Short Term External Debt is calculated as the sum of Short Term External Debt breakdowns for General Government, Monetary Authorities, Depository Corporations, Financial Corporations and Other Sectors. The Australian Bureau of Statistics provides Short Term External Debt in local currency and Nominal GDP in local currency.
In the latest reports of Australia, Current Account recorded a surplus of 7.2 USD bn in Sep 2020. Foreign Direct Investment (FDI) increased by 3.6 USD bn in Sep 2020. Australia Direct Investment Abroad expanded by 7.1 USD bn in Sep 2020. Its Foreign Portfolio Investment increased by 39.0 USD bn in Sep 2020. Australia External Debt: Short Term value stood at 320.3 USD bn in Dec 2019. The country's Nominal GDP was reported at 307.6 USD bn in Jun 2020.
View Australia's External Debt: Short Term: % of GDP from 1988 to 2019 in the chart:
What was Australia's External Debt: Short Term: % of GDP in 2019?
| Last | Previous | Min | Max | Unit | Frequency | Range |
|---|---|---|---|---|---|---|
| 24.5 2019 | 25.6 2018 | 10.7 1988 | 28.6 2015 | % | yearly | 1988 - 2019 |
External Debt: Short Term: % of GDP by Country Comparison
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| country/region | Last | Frequency | Range |
|---|---|---|---|
| Albania (%) | 4.0 2019 | yearly | 1991 - 2019 |
| Algeria (%) | 1.3 2018 | yearly | 1977 - 2018 |
| Argentina (%) | 19.8 2019 | yearly | 2004 - 2019 |
| Armenia (%) | 12.1 2019 | yearly | 2000 - 2019 |
| Australia (%) | 24.5 2019 | yearly | 1988 - 2019 |
| Austria (%) | 38.8 2019 | yearly | 1997 - 2019 |
| Azerbaijan (%) | 1.3 2019 | yearly | 1993 - 2019 |
| Bangladesh (%) | 3.0 2020 | yearly | 2012 - 2020 |
| Belarus (%) | 15.8 Jun 2020 | quarterly | Dec 2000 - Jun 2020 |
| Belgium (%) | 82.6 2019 | yearly | 2007 - 2019 |
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| Government and Public Finance | Last | Frequency | Range |
|---|---|---|---|
| Consolidated Fiscal Balance: % of GDP (%) | -7.2 Jun 2020 | quarterly | Jun 2003 - Jun 2020 |
| Consolidated Fiscal Balance (USD mn) | -63,966.960 Jun 2020 | quarterly | Sep 2002 - Jun 2020 |
| Tax Revenue (USD mn) | 90,927.832 Sep 2020 | quarterly | Sep 2002 - Sep 2020 |
| Tax Revenue: % of GDP (%) | 30.1 Jun 2020 | quarterly | Sep 2002 - Jun 2020 |
| National Government Debt (USD mn) | 474,369.8 2019 | yearly | 1999 - 2019 |
| Government Debt: % of GDP (%) | 34.7 2019 | yearly | 1999 - 2019 |
| Forecast: Government Expenditure (AUD bn) | 880.783 2025 | yearly | 1988 - 2025 |
| Forecast: Government Net Debt (AUD bn) | 1,693.021 2025 | yearly | 1989 - 2025 |
| Forecast: Government Revenue (AUD bn) | 833.535 2025 | yearly | 1988 - 2025 |
| DOT Forecast: Budget Aggregates: Revenue (AUD bn) | 538.100 2024 | yearly | 1997 - 2024 |
| DOT Forecast: Budget Aggregates: Expenses (AUD bn) | 596.600 2024 | yearly | 1997 - 2024 |
| AU: General Government: Financial Liabilities (AUD mn) | 2,035,045.000 Sep 2020 | quarterly | Jun 1999 - Sep 2020 |
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