Government debt — all countries

Government debt — Australia and New Zealand

Government debt in Australia and New Zealand in 2031 — 49.8%. Since 1989, the indicator has risen by 28 pp.

2031 49.8% −0.6 pp vs 2030
World rank
Period maximum 55.1%2020
Period minimum 10.4%2007

Trend over time

1989–2031 · % of GDP

Government debt — Australia and New Zealand, 1989–203102040601989199419992004200920142019202420291989: 21.7%1990: 21.2%1991: 25.9%1992: 31.2%1993: 33.6%1994: 33.9%1995: 32.8%1996: 30.4%1997: 27.1%1998: 25.1%1999: 23.7%2000: 20.7%2001: 18.5%2002: 16.4%2003: 14.7%2004: 13.3%2005: 12.1%2006: 10.9%2007: 10.4%2008: 12.5%2009: 17.4%2010: 21.3%2011: 25.1%2012: 28.2%2013: 30.8%2014: 33.9%2015: 37.2%2016: 39.6%2017: 39.7%2018: 39.9%2019: 44.6%2020: 55.1%2021: 54.4%2022: 49.6%2023: 49.1%2024: 50.7%2025: 51.5%2026: 51.3%2027: 51.5%2028: 51.3%2029: 51%2030: 50.4%2031: 49.8%
Change over the period: +28 pp Annual average: 0.67 pp

Comparison, 2031

How the value compares with the world and the groups this territory belongs to: Australia and New Zealand

Australia and New Zealand 49.8%
World computed 102.5%
Government debt — Australia and New Zealand, by year Australia and New Zealand All countries CSV XLSX
Year % Change, pp
2031 49.8 −0.6 pp
2030 50.4 −0.6 pp
2029 51 −0.3 pp
2028 51.3 −0.2 pp
2027 51.5 +0.2 pp
2026 51.3 −0.1 pp
2025 51.5 +0.8 pp
2024 50.7 +1.6 pp
2023 49.1 −0.5 pp
2022 49.6 −4.8 pp
2021 54.4 −0.7 pp
2020 55.1 +10.5 pp
2019 44.6 +4.7 pp
2018 39.9 +0.1 pp
2017 39.7 +0.1 pp
2016 39.6 +2.4 pp
2015 37.2 +3.2 pp
2014 33.9 +3.2 pp
2013 30.8 +2.5 pp
2012 28.2 +3.2 pp
2011 25.1 +3.8 pp
2010 21.3 +3.8 pp
2009 17.4 +4.9 pp
2008 12.5 +2.1 pp
2007 10.4 −0.5 pp
2006 10.9 −1.2 pp
2005 12.1 −1.2 pp
2004 13.3 −1.4 pp
2003 14.7 −1.7 pp
2002 16.4 −2 pp
2001 18.5 −2.3 pp
2000 20.7 −2.9 pp
1999 23.7 −1.4 pp
1998 25.1 −2 pp
1997 27.1 −3.3 pp
1996 30.4 −2.4 pp
1995 32.8 −1.1 pp
1994 33.9 +0.3 pp
1993 33.6 +2.4 pp
1992 31.2 +5.3 pp
1991 25.9 +4.7 pp
1990 21.2 −0.5 pp
1989 21.7

About the indicator

Gross general government debt as a percent of GDP from the IMF World Economic Outlook database: all liabilities that require future payments of interest and/or principal. It covers the central government, regional and local budgets and extrabudgetary funds where the data allow. The threshold of 60% of GDP is used in the EU Maastricht criteria as a benchmark of sustainability.

Important: The coverage of the government sector differs between countries; when levels are compared, it matters whether regional budgets are included.

Source: World Economic Outlook (IMF), license IMF open data.