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Australia: Central government debt (% of GDP)

Percent of GDP · 1861–2024 · 164 observations · cgovdebt_GDP

2024
36.8%percent of GDP
Change on 2023
+1.2 pointsfrom 35.6%
Average, 2015–2024
35.5%10 years
Record high and low
190.1% (1946)low 6.07% (2007)

Central government debt (% of GDP)

Report error
0%50%100%150%200%187519001925195019752000AustraliaAustralia
Percent of GDP

Compare with other countries →Definition of Central government debt (% of GDP)

Recent values

Percent of GDP

YearValue
202436.8
202335.6
202235.7
202141.0
202043.6
201936.6
201832.9
201732.4
201631.6
201528.5

Sources

  • Reinhart & Rogoff1861–2010
  • Foster1950–1995
  • IMF Global Debt Database1950–2024
  • WDI (archive)1978–1997
  • World Development Indicators1990–2022

Please cite: Müller, K., Xu, C., Lehbib, M., & Chen, Z. (2025). The Global Macro Database: A New International Macroeconomic Dataset. NBER Working Paper 33714. BibTeX →

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