In 2021 Australia public debt was 777,175 million euros919,806 million dollars, has increased 95,443141,755 million since 2020.
This amount means that the debt in 2021 reached 55.91% of Australia GDP, a 1.26 percentage point fall from 2020, when it was 57.17% of GDP.
If we check the tables we can see the evolution of Australia debt. It has risen since 2011 in global debt terms, when it was 261,788 million euros 364,335 million dollars and also in terms of GDP percentage, when it amounted to 24.05%.
According to the last data point published, Australia per capita debt in 2021 was 30,156 euros35,690 dollars per inhabitant. In 2020 it was 26,598 euros 30,356 dollars, afterwards rising by 3,558 euros5,334 dollars, and if we again check 2011 we can see that then the debt per person was 11,624 euros16,177 dollars .
The position of Australia, as compared with the rest of the world, has worsened in 2021 in terms of GDP percentage. Currently it is country number 98 in the list of debt to GDP and 170 in debt per capita, out of the 191 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.