In 2018 Australia public debt was 500,882 million euros591,787 million dollars, has decreased 2,94622,824 million since 2017.
This amount means that the debt in 2018 reached 41.77% of Australia GDP, a 0.6 percentage point rise from 2017, when it was 41.17% of GDP.
If we check the tables we can see the evolution of Australia debt. It has risen since 2008 in global debt terms, when it was 84,360 million euros 124,059 million dollars and also in terms of GDP percentage, when it amounted to 11.75%.
According to the last data point published, Australia per capita debt in 2018 was 19,915 euros23,529 dollars per inhabitant. In 2017 it was 20,348 euros 22,978 dollars, afterwards dropping by 433 euros 551dollars, and if we again check 2008 we can see that then the debt per person was 3,928 euros5,777 dollars .
The position of Australia, as compared with the rest of the world, has remained in 2018 in terms of GDP percentage. Currently it is country number 74 in the list of debt to GDP and 166 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.