In 2016 Australia public debt was 467,483 million euros 517,457 million dollars, has increased 50,50654,821 million since 2015.
This amount means that the debt in 2016 reached 41.09% of Australia GDP, a 3.46 percentage point rise from 2015, when it was 37.63% of GDP.
If we check the tables we can see the evolution of Australia debt. It has risen since 2006 in global debt terms, when it was 62,006 million euros 77,854 million dollars and also in terms of GDP percentage, when it amounted to 9.96%.
According to the last data point published, Australia per capita debt in 2016 was 19,376 euros21,442 dollars per inhabitant. In 2015 it was 17,417 euros 19,326 dollars, afterwards rising by 1,959 euros2,116 dollars, and if we again check 2006 we can see that then the debt per person was 3,006 euros3,774 dollars .
The position of Australia, as compared with the rest of the world, has worsened in 2016 in terms of GDP percentage. Currently it is country number 73 in the list of debt to GDP and 163 in debt per capita, out of the 185 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.