In 2018 Australia public debt was 497,213 million euros 587,209 million dollars, has decreased 7,084 17,505 million since 2017.
This amount means that the debt in 2018 reached 41.37% of Australia GDP, a 0.3 percentage point rise from 2017, when it was 41.07% of GDP.
If we check the tables we can see the evolution of Australia debt. It has risen since 2008 in global debt terms, when it was 84,360 million euros 124,076 million dollars and also in terms of GDP percentage, when it amounted to 11.75%.
According to the last data point published, Australia per capita debt in 2018 was 19,755 euros23,331 dollars per inhabitant. In 2017 it was 20,355 euros 22,995 dollars, afterwards dropping by 600 euros 336dollars, and if we again check 2008 we can see that then the debt per person was 3,928 euros5,777 dollars .
The position of Australia, as compared with the rest of the world, has improved in 2018 in terms of GDP percentage. Currently it is country number 70 in the list of debt to GDP and 162 in debt per capita, out of the 186 we publish.