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Australia · Government debt

Australia Government debt

Source: IMF — International Reserves and Foreign Currency Liquidity (IRFCL), International Liquidity (IL), Monetary and Financial Statistics (MFS), World Economic Outlook (WEO). · updated 2025-12-31

Latest · 202551.91%
Previous · 202450.94%
Highest · 202056.91%
Lowest · 20079.65%

Australia's government debt stands at 51.91% as of 2025-12-31, up from 50.94% in 2024. Historical data runs from 1996 to 2025 (30 observations).

Recent trend

In 2025, Australia's government debt was 51.91%, up from 50.94% in 2024.

In 2024, Australia's government debt was 50.94%, up from 49.42% in 2023.

In 2023, Australia's government debt was 49.42%, down from 50.04% in 2022.

In 2022, Australia's government debt was 50.04%, down from 55.37% in 2021.

In 2021, Australia's government debt was 55.37%, down from 56.91% in 2020.

Australia Government debt — historical data

YearValueChange
202551.91%+0.9654%
202450.94%+1.53%
202349.42%-0.6257%
202250.04%-5.33%
202155.37%-1.54%
202056.91%+10.39%
201946.53%+4.93%
201841.6%+0.5587%
201741.04%+0.5776%
201640.46%+2.88%
201537.58%+3.68%
201433.89%+3.56%
201330.33%+2.91%
201227.42%+3.46%
201123.96%+3.67%
201020.29%+3.72%
200916.57%+4.86%
200811.71%+2.06%
20079.65%-0.2732%
20069.92%-0.9202%
200510.84%-1.05%
200411.89%-1.28%
200313.17%-1.82%
200214.99%-2.09%
200117.08%-2.38%
200019.46%-3.05%
199922.5%-1.15%
199823.66%-2.21%
199725.86%-3.44%
199629.3%—

Source: IMF — International Reserves and Foreign Currency Liquidity (IRFCL), International Liquidity (IL), Monetary and Financial Statistics (MFS), World Economic Outlook (WEO). · Download this series as CSV — free, attribution required (CC BY 4.0).

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Frequently asked questions

What is Australia's government debt?

Australia's government debt is 51.91% as of 2025-12-31, compared with 50.94% in 2024. Source: IMF — International Reserves and Foreign Currency Liquidity (IRFCL), International Liquidity (IL), Monetary and Financial Statistics (MFS), World Economic Outlook (WEO).

What was the highest government debt in Australia?

The highest recorded value is 56.91% (2020); the lowest is 9.65% (2007), across data from 1996 to 2025.

Where does this data come from?

Source: IMF — International Reserves and Foreign Currency Liquidity (IRFCL), International Liquidity (IL), Monetary and Financial Statistics (MFS), World Economic Outlook (WEO). Figures are republished with attribution and updated as the source releases new observations.