In 2024 Australia public debt was 841,535 million euros910,587 million dollars, has increased 42,82446,717 million since 2023.
This amount means that the debt in 2024 reached 50.72% of Australia GDP, a 1.14 percentage point rise from 2023, when it was 49.58% of GDP.
If we check the tables we can see the evolution of Australia debt. It has risen since 2014 in global debt terms, when it was 373,173 million euros 495,888 million dollars and also in terms of GDP percentage, when it amounted to 34.04%.
According to the last data point published, Australia per capita debt in 2024 was 30,713 euros33,233 dollars per inhabitant. In 2023 it was 29,632 euros 32,050 dollars, afterwards rising by 1,081 euros1,183 dollars, and if we again check 2014 we can see that then the debt per person was 15,786 euros20,977 dollars .
The position of Australia, as compared with the rest of the world, has worsened in 2024 in terms of GDP percentage. Currently it is country number 89 in the list of debt to GDP and 171 in debt per capita, out of the 192 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.