Government Debt in Australia decreased to 583023 AUD Million in May from 591679 AUD Million in April of 2021. source: Australian Government Department of Finance

Government Debt in Australia averaged 215279.30 AUD Million from 2007 until 2021, reaching an all time high of 619465 AUD Million in January of 2021 and a record low of -50019 AUD Million in May of 2008. This page provides - Australia Government Net Debt- actual values, historical data, forecast, chart, statistics, economic calendar and news. Australia Government Net Debt - values, historical data and charts - was last updated on September of 2021.

Government Debt in Australia is expected to be 591000.00 AUD Million by the end of this quarter, according to Trading Economics global macro models and analysts expectations. Looking forward, we estimate Government Debt in Australia to stand at 635000.00 in 12 months time. In the long-term, the Australia Government Net Debt is projected to trend around 615000.00 AUD Million in 2022, according to our econometric models.

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Australia Government Net Debt

Actual Previous Highest Lowest Dates Unit Frequency
583023.00 591679.00 619465.00 -50019.00 2007 - 2021 AUD Million Monthly
NSA

Australia Government Last Previous Highest Lowest Unit
Government Debt to GDP 24.80 19.20 24.80 -3.40 percent of GDP [+]
Government Budget -4.30 0.00 2.20 -4.30 percent of GDP [+]
Government Budget Value 6809.00 6957.00 14307.00 -36988.00 AUD Million [+]
Government Spending 105543.00 104151.00 105543.00 9725.00 AUD Million [+]
Government Revenues 55260.00 49578.00 55260.00 510.00 AUD Million [+]
Fiscal Expenditure 48451.00 42621.00 79545.00 790.00 AUD Million [+]
Credit Rating 100.00 [+]
Military Expenditure 27618.00 26079.00 27618.00 2793.00 USD Million [+]
Government Spending To GDP 27.70 24.50 27.70 18.30 percent of GDP [+]
Government Debt 583023.00 591679.00 619465.00 -50019.00 AUD Million [+]