Australia Government Debt (% of GDP)
Everything federal and state governments owe combined, compared with the size of the economy.
51.9%
Matches the latest releaseNot refreshed recently, awaiting the next release
Explore the full Australia economy15 live indicators on one dashboard, from growth and prices to jobs, trade and public finances. Updated automatically from official sources.Government Debt (% of GDP)
1989 to 2025
Source: IMF World Economic Outlook (GGXWDG_NGDP) · general government, % of GDP, annual, actual years only.
Australia Government Debt (% of GDP) in context
Worked out from the published series shown above.
In Australia, the government debt rose by 1.0pp in 2025, from 50.9% in 2024.
It is the highest reading since 2021.
Over the past five years it has ranged from 49.4% in 2023 to 56.9% in 2020.
Its average since 1989 is 28.9%, and the latest reading is above that.
Australia is 41st of 62 countries in our Government Debt to GDP by Country ranking.
How this series is defined
Everything you need to check the figure against the source.
- Source
- IMF
- Series
- World
- Frequency
- Annual
- Unit
- %
- Seasonal adjustment
- Not applicable, annual data
- Latest observation
- 2025
- Revision status
- Latest published estimate, subject to revision
Data refreshed 2026-10-28. Figures are the latest published observations and can be revised.
More Australia indicators
Latest readings. Open any one for its full history.
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