Australia Government Debt: % of GDP

1999 - 2019 | Yearly | % | CEIC Data

Australia Government debt accounted for 34.7 % of the country's Nominal GDP in Jun 2019, compared with the ratio of 33.8 % in the previous year. Australia government debt to GDP ratio data is updated yearly, available from Jun 1999 to Jun 2019. The data reached an all-time high of 34.7 % in Jun 2019 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.. Australia National Government Debt reached 483.9 USD bn in Jun 2019. The country's Nominal GDP reached 307.6 USD bn in Jun 2020.

View Australia's Government Debt: % of GDP from 1999 to 2019 in the chart:

Australia Government Debt: % of GDP

What was Australia's Government Debt: % of GDP in 2019?

Last Previous Min Max Unit Frequency Range
34.7 2019 33.8 2018 9.6 2007 34.7 2019 % yearly 1999 - 2019

Government Debt: % of GDP by Country Comparison

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Includes Government Debt: % of GDP on 107 economies standardised by CEIC. Instant access to full history data in excel.
country/region Last Frequency Range
Albania (%) 75.9 Jun 2020 quarterly Sep 2010 - Jun 2020
Algeria (%) 30.7 2017 yearly 1997 - 2017
Argentina (%) 91.7 Jun 2020 quarterly Dec 2004 - Jun 2020
Armenia (%) 60.9 Sep 2020 quarterly Dec 2013 - Sep 2020
Australia (%) 34.7 2019 yearly 1999 - 2019
Austria (%) 82.6 Jun 2020 quarterly Mar 2000 - Jun 2020
Azerbaijan (%) 6.4 2010 yearly 2008 - 2010
Bahrain (%) 90.6 Jun 2020 quarterly Dec 2007 - Jun 2020
Bangladesh (%) 21.2 2020 yearly 2010 - 2020
Belarus (%) 38.4 Jun 2020 quarterly Dec 2003 - Jun 2020

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Australia Key Series

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Includes 441 key indicators for Australia, curated by CEIC analysts. Instant access to full history data in excel.
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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