In 2020 Australia public debt was 680,951 million euros777,157 million dollars, has increased 102,595129,631 million since 2019.
This amount means that the debt in 2020 reached 57.24% of Australia GDP, a 10.54 percentage point rise from 2019, when it was 46.7% 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 192,426 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 26,559 euros30,312 dollars per inhabitant. In 2019 it was 22,657 euros 25,366 dollars, afterwards rising by 3,902 euros4,946 dollars, and if we again check 2010 we can see that then the debt per person was 8,679 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 93 in the list of debt to GDP and 169 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.