In 2021 Australia public debt was 806,601 million euros954,634 million dollars, has increased 125,650177,477 million since 2020.
This amount means that the debt in 2021 reached 58.38% of Australia GDP, a 1.14 percentage point rise from 2020, when it was 57.24% 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 261,789 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 31,304 euros37,049 dollars per inhabitant. In 2020 it was 26,559 euros 30,312 dollars, afterwards rising by 4,745 euros6,737 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 104 in the list of debt to GDP and 172 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.