Australia
Gross government debt
Gross government debt measures public liabilities relative to economic output. It is a starting point for fiscal-capacity analysis, not a full debt-sustainability model.
Central Government Debt (% of GDP) - Australia
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The reading right now
As of January 2022, Gross government debt for Australia stood at 57.9%. That is down 12 percentage points from the prior year. Over the trailing five years, the series has averaged 60.7%, ranging from a low of 53.1% in January 2017 to a high of 69.8% in January 2021. The current reading sits 3.5 percentage points above its trailing ten-year mean of 54.4%.
Computed from the observation series on this page. Numbers update when the underlying provider revises the data.