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Australia: General government debt

Millions of local currency · 1854–2024 · 171 observations · forecasts to 2031 · gen_govdebt

2024
1.38 trillionlocal currency
Change on 2023
+6.1%year on year
Average growth, 2014–2024
+9.7%a year

General government debt

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100k10M1B100B10T1875190019251950197520002025AustraliaAustralia
ForecastLocal currency

Compare with other countries →Definition of General government debt

Recent values

Millions of local currency

YearValue
20311,848,306Forecast
20301,786,520Forecast
20291,726,230Forecast
20281,665,829Forecast
20271,603,271Forecast
20261,535,122Forecast
20251,457,396Forecast
20241,380,214
20231,300,258
20221,247,042
20211,222,801
20201,127,928
2019931,973
2018791,592
2017742,152
2016690,013
2015618,462

Sources

This series is derived from other GMD variables.

Australia documentation (PDF)

More for Australia

Real GDP per capita (USD)Nominal GDPReal GDPInflationUnemployment rateGovernment debt (% of GDP)All 76 series →

General government debt elsewhere

United StatesChinaJapanGermanyUnited KingdomFrance

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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