Net debt, General government, Percent of GDP in Australia
Australia: Net debt, General government, Percent of GDP was 30.95 in 2030. ◆ Volatile
Latest (2030)
30.95
Change on year
down 1.3%
World rank
65th
of 90 countries
All-time high
36.06
in 2020
All-time low
-7.26
in 2007
Years of data
40
1991–2030
Net debt, General government, Percent of GDP in Australia, 1991–2030
Source: International Monetary Fund.
Analysis
The most recent figure for net debt, general government, percent of gdp in Australia is 30.95, measured in 2030.
That represents a change of down 1.3% on the previous year and down 14.2% over ten years.
Over the whole period, net debt, general government, percent of gdp in Australia peaked at 36.06 in 2020 and was at its lowest, -7.26, in 2007.
Australia ranks 65th of 90 countries on this measure, in the middle of the range.
The series is highly variable year to year, so single readings are best treated with caution.
Net debt, General government, Percent of GDP in Australia, year by year
| Year | Value | Change |
|---|---|---|
| 1991 | 12.6 | — |
| 1992 | 18.22 | +44.6% |
| 1993 | 22.05 | +21.1% |
| 1994 | 23.23 | +5.4% |
| 1995 | 23.07 | -0.7% |
| 1996 | 21.32 | -7.6% |
| 1997 | 18.18 | -14.7% |
| 1998 | 14.63 | -19.5% |
| 1999 | 11.03 | -24.6% |
| 2000 | 7.12 | -35.4% |
| 2001 | 4.68 | -34.2% |
| 2002 | 2.76 | -41.1% |
| 2003 | 0.7527 | -72.7% |
| 2004 | -1.23 | -263.0% |
| 2005 | -3.8 | +209.9% |
| 2006 | -6.3 | +65.8% |
| 2007 | -7.26 | +15.1% |
| 2008 | -5.29 | -27.1% |
| 2009 | 1.22 | -123.1% |
| 2010 | 6.3 | +414.9% |
| 2011 | 10.57 | +67.7% |
| 2012 | 13.79 | +30.5% |
| 2013 | 16.02 | +16.2% |
| 2014 | 19.06 | +19.0% |
| 2015 | 22.09 | +15.9% |
| 2016 | 23.39 | +5.9% |
| 2017 | 23.32 | -0.3% |
| 2018 | 24.1 | +3.4% |
| 2019 | 27.87 | +15.6% |
| 2020 | 36.06 | +29.4% |
| 2021 | 35.61 | -1.3% |
| 2022 | 31.48 | -11.6% |
| 2023 | 31.11 | -1.2% |
| 2024 | 32.17 | +3.4% |
| 2025 | 32.52 | +1.1% |
| 2026 | 32.36 | -0.5% |
| 2027 | 32.01 | -1.1% |
| 2028 | 31.64 | -1.2% |
| 2029 | 31.36 | -0.9% |
| 2030 | 30.95 | -1.3% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1990s | 18.26 | 11.03 | 23.23 | 9 |
| 2000s | -0.7344 | -7.26 | 7.12 | 10 |
| 2010s | 18.65 | 6.3 | 27.87 | 10 |
| 2020s | 32.63 | 31.11 | 36.06 | 10 |
| 2030s | 30.95 | 30.95 | 30.95 | 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 net debt, general government, percent of gdp in Australia?
- Net debt, general government, percent of gdp in Australia was 30.95 in 2030, according to International Monetary Fund.
- What is the highest net debt, general government, percent of gdp recorded in Australia?
- The highest recorded value was 36.06 in 2020.
- What is the lowest net debt, general government, percent of gdp recorded in Australia?
- The lowest recorded value was -7.26 in 2007.
- How does Australia rank for net debt, general government, percent of gdp?
- Australia ranks 65th out of 90 countries with data for 2030.
- Is net debt, general government, percent of gdp rising or falling in Australia?
- Over the last ten years it is down 14.2%. 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 Net 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