In 2016 Australia public debt was 464,299 million euros 513,933 million dollars, has increased 43,90647,507 million since 2015.
This amount means that the debt in 2016 reached 40.63% of Australia GDP, a 2.79 percentage point rise from 2015, when it was 37.84% 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 62,008 million euros 77,858 million dollars and also in terms of GDP percentage, when it amounted to 9.98%.
According to the last data point published, Australia per capita debt in 2016 was 19,042 euros21,078 dollars per inhabitant. In 2015 it was 17,527 euros 19,447 dollars, afterwards rising by 1,515 euros1,631 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 72 in the list of debt to GDP and 162 in debt per capita, out of the 186 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.