Government Debt in Australia increased to 403036 AUD Million in December from 396064 AUD Million in November of 2019.

Government Debt in Australia averaged 177687.38 AUD Million from 2007 until 2019, reaching an all time high of 403036 AUD Million in December of 2019 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 April of 2020. source: Australian Government Department of Finance

Government Debt in Australia is expected to be 415000.00 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 430000.00 in 12 months time. In the long-term, the Australia Government Net Debt is projected to trend around 440000.00 AUD Million in 2021 and 445000.00 AUD Million in 2022, according to our econometric models.

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Australia Government Net Debt

Actual Previous Highest Lowest Dates Unit Frequency
403036.00 396064.00 403036.00 -50019.00 2007 - 2019 AUD Million Monthly
NSA
Government Debt by Country

Australia Government Last Previous Highest Lowest Unit
Government Debt to GDP 40.70 40.70 40.70 9.70 percent [+]
Government Budget -0.60 -1.90 2.20 -4.20 percent of GDP [+]
Government Budget Value 9274.00 -9682.00 14307.00 -23705.00 AUD Million [+]
Government Spending 94271.00 93611.00 94271.00 9505.00 AUD Million [+]
Government Revenues 47888.00 34849.00 53576.00 510.00 AUD Million [+]
Fiscal Expenditure 38613.00 44531.00 47824.00 790.00 AUD Million [+]
Credit Rating 100.00 [+]
Military Expenditure 26836.00 27691.00 27741.00 2974.00 USD Million [+]
Government Debt 403036.00 396064.00 403036.00 -50019.00 AUD Million [+]
Asylum Applications 1724.00 1731.00 5937.00 222.00 Persons [+]