Government Debt in Australia decreased to 583254 AUD Million in February from 619465 AUD Million in January of 2021. source: Australian Government Department of Finance

Government Debt in Australia averaged 207886.19 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 May of 2021.

Government Debt in Australia is expected to be 621000.00 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
583254.00 619465.00 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 [+]
Government Budget -4.30 0.00 2.20 -4.30 percent of GDP [+]
Government Budget Value -1126.00 1746.00 14307.00 -36988.00 AUD Million [+]
Government Spending 104618.00 103792.00 104618.00 9725.00 AUD Million [+]
Government Revenues 47682.00 45430.00 53576.00 510.00 AUD Million [+]
Fiscal Expenditure 48808.00 43684.00 79545.00 790.00 AUD Million [+]
Credit Rating 100.00 [+]
Military Expenditure 27395.00 26840.00 27546.00 2953.00 USD Million [+]
Government Debt 583254.00 619465.00 619465.00 -50019.00 AUD Million [+]
Government Spending To GDP 27.70 24.50 27.70 18.30 percent [+]