Australia Government Debt to GDP
51.0%▲ +0.42 pt
Dec 2025 · Annual
Australia's government debt as a share of GDP rose to 51.035322% in 2025 from 50.611385% in 2024. The ratio is 5.874716 percentage points below the all-time high of 56.910038% set in 2020 and remains far above the series low of 9.646673% from 2007. The series began in 1989.
| Actual | Previous | Highest | Lowest | Dates | Frequency |
|---|---|---|---|---|---|
| 51.0% | 50.6% | 56.9%Dec 2020 | 9.6%Dec 2007 | 1989 – 2025 | Annual |
Related indicators
| Indicator | Last | Previous | Highest | Lowest | Last updated | Frequency |
|---|---|---|---|---|---|---|
| Government Budget | -2.8% | -2.3% | 1.8% | -8.7% | Dec 2025 | Annual |
| Interest Rate | 4.3% | 4.3% | 42.5% | 0.1% | Jul 2026 | Monthly |
About this series
Government Debt to GDP in Australia averaged 29.2% from 1989 until 2025, reaching an all-time high of 56.9% in Dec 2020 and a record low of 9.6% in Dec 2007. The series is reported yearly with history from 1989.
Government debt as a percentage of GDP measures the total outstanding debt of the Australian government relative to the size of its economy. The indicator is reported annually and expressed as a percentage of GDP. The data series covers the period from 1989 to the present and reflects the fiscal position of the general government sector.
Source & methodology
We use primary economic sources for every country. See our methodology page for how we source and verify this data.
FAQ