Gross debt, Percent of own revenue in Australia
Australia: Gross debt, Percent of own revenue was 1.6 in 2020. ◆ Volatile
Gross debt, Percent of own revenue in Australia, 2000–2020
Source: International Monetary Fund.
Analysis
In 2020, gross debt, percent of own revenue in Australia stood at 1.6. That is the highest value across all 21 years on record.
The figure is up 26.5% on the previous year and up 197.8% over ten years.
Over the whole period, gross debt, percent of own revenue in Australia peaked at 1.6 in 2020 and was at its lowest, 0.2166, in 2008.
That places Australia 17th out of 23 countries with data for 2020, putting it in the middle of the range.
The series is highly variable year to year, so single readings are best treated with caution.
Gross debt, Percent of own revenue in Australia, year by year
| Year | Value | Change |
|---|---|---|
| 2000 | 0.5481 | — |
| 2001 | 0.4657 | -15.0% |
| 2002 | 0.4211 | -9.6% |
| 2003 | 0.3564 | -15.4% |
| 2004 | 0.3058 | -14.2% |
| 2005 | 0.2848 | -6.8% |
| 2006 | 0.2527 | -11.3% |
| 2007 | 0.2308 | -8.6% |
| 2008 | 0.2166 | -6.1% |
| 2009 | 0.3729 | +72.1% |
| 2010 | 0.5384 | +44.4% |
| 2011 | 0.6429 | +19.4% |
| 2012 | 0.7817 | +21.6% |
| 2013 | 0.775 | -0.9% |
| 2014 | 0.924 | +19.2% |
| 2015 | 1.06 | +14.3% |
| 2016 | 1.21 | +14.5% |
| 2017 | 1.29 | +6.5% |
| 2018 | 1.24 | -3.5% |
| 2019 | 1.27 | +1.9% |
| 2020 | 1.6 | +26.5% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2000s | 0.3455 | 0.2166 | 0.5481 | 10 |
| 2010s | 0.9729 | 0.5384 | 1.29 | 10 |
| 2020s | 1.6 | 1.6 | 1.6 | 1 |
Countries ranked near Australia
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, percent of own revenue in Australia?
- Gross debt, percent of own revenue in Australia was 1.6 in 2020, according to International Monetary Fund.
- What is the highest gross debt, percent of own revenue recorded in Australia?
- The highest recorded value was 1.6 in 2020.
- What is the lowest gross debt, percent of own revenue recorded in Australia?
- The lowest recorded value was 0.2166 in 2008.
- How does Australia rank for gross debt, percent of own revenue?
- Australia ranks 17th out of 23 countries with data for 2020.
- Is gross debt, percent of own revenue rising or falling in Australia?
- Over the last ten years it is up 197.8%. The long-run trend across the full record is volatile.
- Where does this Australia data come from?
- The figures come from International Monetary Fund, published as part of Gross debt, Percent of own revenue (Central government). Statizoid updates them automatically from the source API.
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About this data
The Fiscal Decentralization dataset includes fiscal decentralization indicators for a sample of IMF member countries. The following indicators are included in the dataset: Revenue and Expenditure Decentralization Shares; Transfer dependency and Vertical Fiscal Imbalances; Deficit and Debt; Allocation of expenditure (economic classification); Allocation of expenditure (functional classification); Allocation of non-Tax Revenues; and Allocation of Taxes.