Facts
- Government gross debt, % of GDP
- 51.9 % (2025)
- Fiscal balance, % of GDP
- -2.9 % (2025)
- GDP, current prices
- $1,840.8 bn (2025)
- Current account, % of GDP
- -2.6 % (2025)
- Debt level
- 30–60% of GDP
- Change in debt ratio, last 10 years
- +14.3 pp
- Central government debt, % of GDP (World Bank)
- 57.9 % (2022)
- ISO code
- AUS
Sources: US Treasury Fiscal Data — Debt to the Penny, MSPD (public domain), IMF World Economic Outlook, World Bank WDI (CC BY 4.0)
GDP, current prices ($ billions)
| Period | Value |
|---|---|
| 2025 | $1,840.8 bn |
| 2024 | $1,799.0 bn |
| 2023 | $1,748.1 bn |
| 2022 | $1,731.3 bn |
| 2021 | $1,660.1 bn |
| 2020 | $1,366.6 bn |
| 2019 | $1,392.0 bn |
| 2018 | $1,422.7 bn |
| 2017 | $1,386.4 bn |
| 2016 | $1,267.6 bn |
| 2015 | $1,238.8 bn |
| 2014 | $1,463.1 bn |
Current account balance, % of GDP
| Period | Value |
|---|---|
| 2025 | -2.6 % |
| 2024 | -2.2 % |
| 2023 | -0.4 % |
| 2022 | 0.3 % |
| 2021 | 2.3 % |
| 2020 | 1.6 % |
| 2019 | -0.1 % |
| 2018 | -2.6 % |
| 2017 | -2.8 % |
| 2016 | -3.4 % |
| 2015 | -4.7 % |
| 2014 | -3.0 % |
Net lending / borrowing, % of GDP
| Period | Value |
|---|---|
| 2025 | -2.9 % |
| 2024 | -2.1 % |
| 2023 | -1.3 % |
| 2022 | -2.2 % |
| 2021 | -6.3 % |
| 2020 | -8.7 % |
| 2019 | -4.4 % |
| 2018 | -1.2 % |
| 2017 | -1.7 % |
| 2016 | -2.4 % |
| 2015 | -2.8 % |
| 2014 | -2.9 % |
Government gross debt, % of GDP
| Period | Value |
|---|---|
| 2025 | 51.9 % |
| 2024 | 50.9 % |
| 2023 | 49.4 % |
| 2022 | 50.0 % |
| 2021 | 55.4 % |
| 2020 | 56.9 % |
| 2019 | 46.5 % |
| 2018 | 41.6 % |
| 2017 | 41.0 % |
| 2016 | 40.5 % |
| 2015 | 37.6 % |
| 2014 | 33.9 % |
Central government debt, % of GDP (World Bank)
| Period | Value |
|---|---|
| 2022 | 57.9 |
| 2021 | 69.8 |
| 2020 | 69.1 |
| 2019 | 60.0 |
| 2018 | 54.3 |
| 2017 | 53.1 |
| 2016 | 54.5 |
| 2015 | 46.3 |
| 2014 | 41.5 |
| 2013 | 37.4 |
| 2012 | 39.3 |
| 2011 | 30.0 |