Government Debt in Australia increased to 611100 AUD Million in December from 604900 AUD Million in November of 2020. source: Australian Government Department of Finance

Government Debt in Australia averaged 202604.77 AUD Million from 2007 until 2020, reaching an all time high of 611100 AUD Million in December of 2020 and a record low of -50019 AUD Million in May of 2008. This page provides - Australia Government Net Debt- actual values, historical data, forecast, chart, statistics, economic calendar and news. Australia Government Net Debt - values, historical data and charts - was last updated on April of 2021.

Government Debt in Australia is expected to be 615000.00 AUD Million by the end of this quarter, according to Trading Economics global macro models and analysts expectations. Looking forward, we estimate Government Debt in Australia to stand at 635000.00 in 12 months time. In the long-term, the Australia Government Net Debt is projected to trend around 615000.00 AUD Million in 2022, according to our econometric models.

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Australia Government Net Debt

Actual Previous Highest Lowest Dates Unit Frequency
611100.00 604900.00 611100.00 -50019.00 2007 - 2020 AUD Million Monthly
NSA

Australia Government Last Previous Highest Lowest Unit
Government Debt to GDP 45.10 41.50 45.10 9.70 percent [+]
Government Budget -4.30 -0.20 2.20 -4.30 percent of GDP [+]
Government Budget Value 1746.00 -15920.00 14307.00 -36988.00 AUD Million [+]
Government Spending 104618.00 103792.00 104618.00 9725.00 AUD Million [+]
Government Revenues 45430.00 34126.00 53576.00 510.00 AUD Million [+]
Fiscal Expenditure 43684.00 50046.00 79545.00 790.00 AUD Million [+]
Credit Rating 100.00 [+]
Military Expenditure 27395.00 26840.00 27546.00 2953.00 USD Million [+]
Government Debt 611100.00 604900.00 611100.00 -50019.00 AUD Million [+]