Australia Central Government Debt (% of GDP) (2022)
Australia's Central Government Debt (% of GDP): 57.9 % of GDP in 2022, -11.9pp YoY. World Bank (GC.DOD.TOTL.GD.ZS), 1990–2022.
Australia (2022)
57.9
% of GDP
-11.9pp YoY
YoY Change
-11.9pp
percentage points
Trend
down
Series length
33
years of data
Data
| Year | % of GDP | YoY Change |
|---|---|---|
| 2022 | 57.9 | -12pp |
| 2021 | 69.8 | +0.8pp |
| 2020 | 69.1 | +9.1pp |
| 2019 | 60 | +5.7pp |
| 2018 | 54.3 | +1.2pp |
| 2017 | 53.1 | -1.4pp |
| 2016 | 54.5 | +8.2pp |
| 2015 | 46.3 | +4.8pp |
| 2014 | 41.5 | +4.1pp |
| 2013 | 37.4 | -1.9pp |
| 2012 | 39.3 | +9.3pp |
| 2011 | 30 | +1.4pp |
| 2010 | 28.6 | +4.8pp |
| 2009 | 23.8 | +5.7pp |
| 2008 | 18.1 | -1.9pp |
| 2007 | 20.1 | -1.3pp |
| 2006 | 21.4 | -1pp |
| 2005 | 22.4 | -0.5pp |
| 2004 | 22.8 | -2.2pp |
| 2003 | 25 | -0.8pp |
About this Dataset
Australia recorded 57.9 % of GDP in 2022. The latest change was -11.9pp. Across 1990–2022 the series ranges from 11.9 in 1991 to 69.8 in 2021.
This page tracks central government debt as a share of GDP in Australia from 1990 to present. Government debt levels set the fiscal space for stimulus and directly price sovereign credit risk.
Data sourced from World Bank via Open Data API. Values use World Bank standardised methodology intended for cross-country comparison.
Frequently Asked Questions
This page tracks central government debt as a share of GDP in Australia from 1990 to present. Government debt levels set the fiscal space for stimulus and directly price sovereign credit risk. It is published by World Bank and updated annually.
The most recent observation covers 2022. World Bank typically publishes this series with a lag of several months after the reference period. The series runs 1990–2022 (33 observations).
The series peaked at 69.8 % of GDP in 2021 and reached its lowest recorded value of 11.9 in 1991. The latest reading of 57.9 in 2022 represents a change of -11.9pp.