Australia Australia National Debt

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NATIONAL PUBLIC DEBT Australia 2020

Australia national debt goes up

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.

Australia: Evolution of debt
DateDebt (M.€.)Debt ($M)Debt (%GDP)Debt Per CapitaDebt Per Capita
2020688,738784,90957.83%€26,816$30,560
2019579,655648,90046.80%€22,680$25,389
2018501,338591,78741.76%€19,917$23,511
2017504,840568,96341.17%€20,379$22,967
2016463,691512,90840.58%€19,012$21,029
2015419,738465,51737.75%€17,500$19,409
2014373,780495,90734.05%€15,811$20,977
2013348,772463,07330.49%€14,970$19,876
2012336,312432,12527.54%€14,668$18,847
2011262,030364,33524.05%€11,634$16,177
2010192,784255,31120.37%€8,695$11,515
2009119,712166,36016.64%€5,475$7,608
200884,769124,05911.75%€3,947$5,777
200767,09491,8319.68%€3,193$4,370
200662,06077,8579.95%€3,009$3,774
200564,34579,97010.87%€3,168$3,937
200463,15278,43811.92%€3,150$3,913
200363,21171,35813.19%€3,188$3,599
200267,80863,87215.03%€3,459$3,258
200172,26664,67917.13%€3,728$3,336
200084,68378,03619.53%€4,424$4,077
199987,17092,87422.57%€4,608$4,909
199890,40823.72%$4,833
1997110,46925.92%$5,968
1996124,61829.36%$6,799
1995118,10331.18%$6,518
1994112,05131.73%$6,262
199394,84830.68%$5,353
199287,87127.64%$5,005
199170,10121.62%$4,034
199053,17816.42%$3,097
198952,47917.03%$3,098
Australia: Evolution of debt as a percentage of GDP

Australia: Evolution of debt in millions