Australia Household Debt: % of GDP

Australia household debt accounted for 127.0 % of the country's Nominal GDP in Jun 2020, compared with the ratio of 124.9 % in the previous quarter. Australia household debt to GDP ratio is updated quarterly, available from Jun 1988 to Jun 2020. The data reached an all-time high of 128.6 % in Sep 2016 and a record low of 44.3 % 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.

In the latest reports, Australia Household Debt reached 1,653.2 USD bn in Jun 2020. Money Supply M2 in Australia increased 12.4 % YoY in Sep 2020. Australia Foreign Exchange Reserves was measured at 33.1 USD bn in Oct 2020. The Foreign Exchange Reserves equaled 1.8 Months of Import in Sep 2020. Australia Domestic Credit reached 3,697.9 USD bn in Sep 2020, representing an increased of 18.0 % YoY. The country's Non Performing Loans Ratio stood at 1.1 % in Jun 2020, compared with the ratio of 1.0 % in the previous quarter.

View Australia's Household Debt: % of GDP from Jun 1988 to Jun 2020 in the chart:

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What was Australia's Household Debt: % of GDP in Jun 2020?

Household Debt: % of GDP by Country Comparison

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