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Australia · Government debt

Australia Government debt

The World Bank — World Development Indicators (CC BY 4.0) · updated 2022-12-31

Latest · 202257.88%
Previous · 202169.84%
Highest · 202169.84%
Lowest · 199111.9%

Australia's government debt stands at 57.88% as of 2022-12-31, down from 69.84% in 2021. Historical data runs from 1990 to 2022 (33 observations).

Recent trend

In 2022, Australia's government debt was 57.88%, down from 69.84% in 2021.

In 2021, Australia's government debt was 69.84%, up from 69.07% in 2020.

In 2020, Australia's government debt was 69.07%, up from 59.98% in 2019.

In 2019, Australia's government debt was 59.98%, up from 54.3% in 2018.

In 2018, Australia's government debt was 54.3%, up from 53.1% in 2017.

Australia Government debt — historical data

YearValueChange
202257.88%-11.95%
202169.84%+0.7711%
202069.07%+9.08%
201959.98%+5.68%
201854.3%+1.2%
201753.1%-1.36%
201654.46%+8.17%
201546.29%+4.75%
201441.54%+4.14%
201337.4%-1.91%
201239.31%+9.31%
201130%+1.43%
201028.57%+4.78%
200923.79%+5.65%
200818.14%-1.92%
200720.06%-1.34%
200621.4%-0.9677%
200522.37%-0.4545%
200422.82%-2.21%
200325.03%-0.8091%
200225.84%-1.8%
200127.64%-1.83%
200029.47%-1.54%
199931.01%+14.16%
199816.85%-3.98%
199720.83%-0.95%
199621.78%+0.13%
199521.65%+1.49%
199420.16%+2.31%
199317.85%+3.72%
199214.13%+2.22%
199111.9%-0.3087%
199012.21%

The World Bank — World Development Indicators (CC BY 4.0) · Download this series as CSV — free, attribution required (CC BY 4.0).

More Australia data

Frequently asked questions

What is Australia's government debt?

Australia's government debt is 57.88% as of 2022-12-31, compared with 69.84% in 2021. The World Bank — World Development Indicators (CC BY 4.0)

What was the highest government debt in Australia?

The highest recorded value is 69.84% (2021); the lowest is 11.9% (1991), across data from 1990 to 2022.

Where does this data come from?

The World Bank — World Development Indicators (CC BY 4.0) Figures are republished with attribution and updated as the source releases new observations.