In 2019 Australia public debt was 590,033 million euros660,541 million dollars, has increased 88,90968,714 million since 2018.
This amount means that the debt in 2019 reached 47.47% of Australia GDP, a 5.81 percentage point rise from 2018, when it was 41.66% of GDP.
If we check the tables we can see the evolution of Australia debt. It has risen since 2009 in global debt terms, when it was 119,403 million euros 166,543 million dollars and also in terms of GDP percentage, when it amounted to 16.65%.
According to the last data point published, Australia per capita debt in 2019 was 23,093 euros25,853 dollars per inhabitant. In 2018 it was 19,909 euros 23,512 dollars, afterwards rising by 3,184 euros2,341 dollars, and if we again check 2009 we can see that then the debt per person was 5,461 euros7,617 dollars .
The position of Australia, as compared with the rest of the world, has worsened in 2019 in terms of GDP percentage. Currently it is country number 85 in the list of debt to GDP and 166 in debt per capita, out of the 189 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.