Australia recorded a government debt equivalent to 41.90 percent of the country's Gross Domestic Product in 2017. Government Debt to GDP in Australia averaged 23.16 percent from 1989 until 2017, reaching an all time high of 41.90 percent in 2017 and a record low of 9.70 percent in 2007.

Government Debt to GDP in Australia is expected to be 41.00 percent by the end of this quarter, according to Trading Economics global macro models and analysts expectations. In the long-term, the Australia Government Debt to GDP is projected to trend around 37.00 percent in 2020, according to our econometric models.

Australia Government Debt to GDP
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Australia Government Last Previous Highest Lowest Unit
Government Debt to GDP 41.90 41.00 41.90 9.70 percent [+]
Government Budget -1.90 -2.40 2.20 -4.20 percent of GDP [+]
Government Budget Value -8208.00 -292.00 14307.00 -23705.00 AUD Million [+]
Government Spending 89290.00 87694.00 89290.00 9362.00 AUD Million [+]
Government Revenues 34744.00 40511.00 49256.00 510.00 AUD Million [+]
Fiscal Expenditure 42952.00 40803.00 45954.00 790.00 AUD Million [+]
Military Expenditure 26102.32 26382.95 26382.95 2827.82 USD Million [+]
Credit Rating 97.44 [+]
Asylum Applications 1724.00 1731.00 5937.00 222.00 Persons [+]


Australia Government Debt to GDP

Generally, Government debt as a percent of GDP is used by investors to measure a country ability to make future payments on its debt, thus affecting the country borrowing costs and government bond yields. This page provides - Australia Government Debt To GDP - actual values, historical data, forecast, chart, statistics, economic calendar and news. Australia Government Debt to GDP - actual data, historical chart and calendar of releases - was last updated on March of 2019.

Actual Previous Highest Lowest Dates Unit Frequency
41.90 41.00 41.90 9.70 1989 - 2017 percent Yearly




Country Last Previous
Japan 253.00 Dec/17
Italy 132.10 Dec/18
Singapore 110.60 Dec/17
United States 105.40 Dec/17
Spain 98.30 Dec/17
France 97.00 Dec/17
Canada 89.60 Dec/17
Euro Area 86.70 Dec/17
United Kingdom 84.70 Dec/18
Brazil 74.04 Dec/17
India 68.70 Dec/17
Germany 63.90 Dec/17
Argentina 57.10 Dec/17
Netherlands 56.70 Dec/17
South Africa 53.10 Dec/17
China 47.60 Dec/17
Mexico 46.40 Dec/17
Australia 41.90 Dec/17
South Korea 38.00 Dec/17
Indonesia 29.80 Dec/18
Switzerland 29.70 Dec/17
Turkey 28.30 Dec/17
Saudi Arabia 17.20 Dec/17
Russia 13.50 Dec/17


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