In 2020 Australia public debt was 688,738 million euros784,909 million dollars, has increased 109,083136,009 million since 2019.
This amount means that the debt in 2020 reached 57.83% of Australia GDP, a 11.03 percentage point rise from 2019, when it was 46.8% of GDP.
If we check the tables we can see the evolution of Australia debt. It has risen since 2010 in global debt terms, when it was 192,784 million euros 255,311 million dollars and also in terms of GDP percentage, when it amounted to 20.37%.
According to the last data point published, Australia per capita debt in 2020 was 26,816 euros30,560 dollars per inhabitant. In 2019 it was 22,680 euros 25,389 dollars, afterwards rising by 4,136 euros5,171 dollars, and if we again check 2010 we can see that then the debt per person was 8,695 euros11,515 dollars .
The position of Australia, as compared with the rest of the world, has worsened in 2020 in terms of GDP percentage. Currently it is country number 96 in the list of debt to GDP and 167 in debt per capita, out of the 190 we publish.
In this page we show you the progression of the public debt in Australia. You can see debt in other countries in Public debt and see all the information about Australia in economy of Australia.