Australia Government Debt
Australia government debt data with historical trend, latest available year, ranking, source notes and country comparison. Latest value: 57.88%.
Australia · Economic Stability Rating
Composite rating based on inflation, growth, debt, unemployment and current account.
Australia · government debt data as percent of GDP.
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Prices & Inflation3
Growth & Output9
Public Finance8
Labor Market6
External Sector5
Monetary & Financial7
Population & Society7
Energy & Environment2
Interpretation
Australia recorded 57.88% for Government Debt in 2022, the latest available observation in this dataset.
Compared with 2021, the indicator decreased by 11.95 percentage points, from 69.84% to 57.88%.
The latest observation is above the average of the last 10 available observations (54.39%).
Across the five latest available observations (2018–2022), the pattern is predominantly upward.
Within the last 10 available observations, the low was 37.40% in 2013 and the high was 69.84% in 2021.