Gross debt, General government, Percent of GDP in Australia
Australia: Gross debt, General government, Percent of GDP was 49.36 in 2030. ▲ Rising
Latest (2030)
49.36
Change on year
down 0.8%
World rank
102nd
of 193 countries
All-time high
57.08
in 2020
All-time low
9.67
in 2007
Years of data
40
1991–2030
Gross debt, General government, Percent of GDP in Australia, 1991–2030
Source: International Monetary Fund.
Analysis
The most recent figure for gross debt, general government, percent of gdp in Australia is 49.36, measured in 2030.
That represents a change of down 0.8% on the previous year and down 13.5% over ten years.
Over the whole period, gross debt, general government, percent of gdp in Australia peaked at 57.08 in 2020 and was at its lowest, 9.67, in 2007.
Australia ranks 102nd of 193 countries on this measure, in the middle of the range.
The long-run direction has been consistently rising across the 40 years of available data.
Gross debt, General government, Percent of GDP in Australia, year by year
| Year | Value | Change |
|---|---|---|
| 1991 | 21.61 | — |
| 1992 | 27.63 | +27.9% |
| 1993 | 30.66 | +11.0% |
| 1994 | 31.71 | +3.4% |
| 1995 | 31.14 | -1.8% |
| 1996 | 29.35 | -5.8% |
| 1997 | 25.91 | -11.7% |
| 1998 | 23.7 | -8.5% |
| 1999 | 22.54 | -4.9% |
| 2000 | 19.5 | -13.5% |
| 2001 | 17.11 | -12.3% |
| 2002 | 15.01 | -12.2% |
| 2003 | 13.19 | -12.2% |
| 2004 | 11.91 | -9.7% |
| 2005 | 10.86 | -8.8% |
| 2006 | 9.94 | -8.5% |
| 2007 | 9.67 | -2.7% |
| 2008 | 11.74 | +21.5% |
| 2009 | 16.62 | +41.6% |
| 2010 | 20.35 | +22.4% |
| 2011 | 24.04 | +18.1% |
| 2012 | 27.52 | +14.5% |
| 2013 | 30.47 | +10.7% |
| 2014 | 34.04 | +11.7% |
| 2015 | 37.73 | +10.8% |
| 2016 | 40.62 | +7.7% |
| 2017 | 41.2 | +1.4% |
| 2018 | 41.76 | +1.4% |
| 2019 | 46.72 | +11.9% |
| 2020 | 57.08 | +22.2% |
| 2021 | 55.52 | -2.7% |
| 2022 | 50.21 | -9.6% |
| 2023 | 49.58 | -1.3% |
| 2024 | 50.72 | +2.3% |
| 2025 | 51.04 | +0.6% |
| 2026 | 50.73 | -0.6% |
| 2027 | 50.51 | -0.4% |
| 2028 | 50.16 | -0.7% |
| 2029 | 49.76 | -0.8% |
| 2030 | 49.36 | -0.8% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1990s | 27.14 | 21.61 | 31.71 | 9 |
| 2000s | 13.55 | 9.67 | 19.5 | 10 |
| 2010s | 34.44 | 20.35 | 46.72 | 10 |
| 2020s | 51.53 | 49.58 | 57.08 | 10 |
| 2030s | 49.36 | 49.36 | 49.36 | 1 |
Countries ranked near Australia
- 99 Burkina Faso 49.82 compare
- 100 Gambia 49.66 compare
- 101 Madagascar 49.54 compare
- 103 Cote d'Ivoire 49.18 compare
- 104 Netherlands 48.55 compare
- 105 Nepal 48.08 compare
More external debt data for Australia
- Other investment, Debt instruments 365.34 billion US dollar (2025)
- Other investment, Debt instruments (Assets, Positions, US dollar) 4.99 % change on previous year (2025)
- Other investment, Debt instruments, Deposit taking corporations 249.86 billion US dollar (2025)
- Other investment, Debt instruments (Assets, Positions, US dollar) 13,230 US dollar per person (2025)
- Other investment, Debt instruments (Assets, Positions, US dollar) 0.2031 US dollar per US$ of GDP (2025)
- Liabilities, International Liquidity, Liabilities to Nonresidents 465.61 billion (2025)
- Net lending (+) / net borrowing (-), General government, Percent of -1.55 (2030)
- Other investment, Debt instruments, Deposit taking corporations 17.57 % change on previous year (2010)
- Primary net lending (+) / net borrowing (-), General government -0.6414 (2030)
- Other investment, Debt instruments, Deposit taking corporations 9,048 US dollar per person (2025)
Frequently asked questions
- What is gross debt, general government, percent of gdp in Australia?
- Gross debt, general government, percent of gdp in Australia was 49.36 in 2030, according to International Monetary Fund.
- What is the highest gross debt, general government, percent of gdp recorded in Australia?
- The highest recorded value was 57.08 in 2020.
- What is the lowest gross debt, general government, percent of gdp recorded in Australia?
- The lowest recorded value was 9.67 in 2007.
- How does Australia rank for gross debt, general government, percent of gdp?
- Australia ranks 102nd out of 193 countries with data for 2030.
- Is gross debt, general government, percent of gdp rising or falling in Australia?
- Over the last ten years it is down 13.5%. The long-run trend across the full record is rising.
- Where does this Australia data come from?
- The figures come from International Monetary Fund, published as part of Gross debt, General government, Percent of GDP. Statizoid updates them automatically from the source API.
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About this data
Fiscal Monitor (FM) 2025 October