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Australia: General government debt

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

2024
1.37 trillionlocal currency
Change on 2023
+6.1%year on year
Average growth, 2014–2024
+9.6%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
20311,794,938Forecast
20301,734,936Forecast
20291,676,387Forecast
20281,617,730Forecast
20271,556,978Forecast
20261,492,965Forecast
20251,435,143Forecast
20241,373,311
20231,294,648
20221,241,688
20211,221,710
20201,126,333
2019929,390
2018789,705
2017740,172
2016687,826
2015616,271

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

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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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