Australia External Debt: % of GDP
1988 - 2023 | Yearly | % | CEIC Data
Key information about Australia External Debt: % of GDP
- Australia External Debt accounted for 110.0 % of the country's Nominal GDP in 2023, compared with the ratio of 116.5 % in the previous year.
- Australia External Debt: % of Nominal GDP data is updated yearly, available from Dec 1988 to Dec 2023.
- The data reached an all-time high of 132.5 % in Dec 2020 and a record low of 43.2 % in Dec 1988.
CEIC calculates External Debt as % of Nominal GDP from quarterly External Debt and quarterly Nominal GDP. The Australian Bureau of Statistics provides External Debt in local currency and Nominal GDP in local currency.
Related information about Australia External Debt: % of GDP
- In the latest reports of Australia, Current Account recorded a deficit of 7.1 USD bn in Jun 2024.
- Foreign Direct Investment (FDI) increased by 7.5 USD bn in Jun 2024.
- Australia Direct Investment Abroad fell by 3.7 USD bn in Jun 2024.
- Its Foreign Portfolio Investment increased by 40.7 USD bn in Jun 2024.
- The country's External Debt reached 1,859,069.1 in Jun 2024.
- The country's Nominal GDP was reported at 440.1 USD bn in Mar 2023.
View Australia's External Debt: % of GDP from 1988 to 2023 in the chart:
What was Australia's External Debt: % of GDP in 2023?
Australia External Debt accounted for 110.0 % of the country's Nominal GDP in 2023, compared with the ratio of 116.5 % in the previous year. See the table below for more data.
| Last | Previous | Min | Max | Unit | Frequency | Range |
|---|---|---|---|---|---|---|
| 110.0 2023 | 116.5 2022 | 43.2 1988 | 132.5 2020 | % | yearly | 1988 - 2023 |
External Debt: % of GDP by Country Comparison
| country/region | Last | Frequency | Range |
|---|---|---|---|
| Albania (%) | 45.9 2023 | yearly | 1991 - 2023 |
| Algeria (%) | 1.3 2023 | yearly | 1970 - 2023 |
| Argentina (%) | 45.3 2023 | yearly | 1994 - 2023 |
| Armenia (%) | 64.2 2023 | yearly | 2000 - 2023 |
| Australia (%) | 110.0 2023 | yearly | 1988 - 2023 |
| Austria (%) | 135.0 2023 | yearly | 1997 - 2023 |
| Azerbaijan (%) | 14.9 Dec 2021 | quarterly | Dec 2001 - Dec 2021 |
| Bangladesh (%) | 11.4 2017 | yearly | 1997 - 2017 |
| Belarus (%) | 51.1 Mar 2024 | quarterly | Dec 2000 - Mar 2024 |
| Belgium (%) | 236.1 2023 | yearly | 2007 - 2023 |
| Bolivia (%) | 35.0 2023 | yearly | 2006 - 2023 |
| Bosnia and Herzegovina (%) | 18.1 2023 | yearly | 1999 - 2023 |
| Botswana (%) | 7.3 2023 | yearly | 1995 - 2023 |
| Brazil (%) | 27.9 2023 | yearly | 1992 - 2023 |
| Bulgaria (%) | 47.6 2023 | yearly | 1999 - 2023 |
| Cambodia (%) | 56.7 2022 | yearly | 2010 - 2022 |
| Canada (%) | 143.7 2023 | yearly | 1990 - 2023 |
| Chile (%) | 71.7 2023 | yearly | 1971 - 2023 |
| China (%) | 13.7 2023 | yearly | 1985 - 2023 |
| Colombia (%) | 53.7 2023 | yearly | 1970 - 2023 |
| Croatia (%) | 73.5 2022 | yearly | 1998 - 2022 |
| Cyprus (%) | 828.3 2023 | yearly | 2004 - 2023 |
| Czech Republic (%) | 61.7 2023 | yearly | 1995 - 2023 |
| Denmark (%) | 132.3 2023 | yearly | 2005 - 2023 |
| Ecuador (%) | 49.6 2023 | yearly | 1970 - 2023 |
| Egypt (%) | 39.8 Mar 2024 | quarterly | Jun 1999 - Mar 2024 |
| Estonia (%) | 89.2 2023 | yearly | 1996 - 2023 |
| European Union (%) | 110.0 2023 | yearly | 2008 - 2023 |
| Finland (%) | 215.3 2023 | yearly | 1991 - 2023 |
| France (%) | 244.9 2023 | yearly | 2004 - 2023 |
| Georgia (%) | 80.2 2023 | yearly | 1999 - 2023 |
| Germany (%) | 146.1 2023 | yearly | 1999 - 2023 |
| Ghana (%) | 39.5 2023 | yearly | 1999 - 2023 |
| Greece (%) | 246.0 2023 | yearly | 2003 - 2023 |
| Hong Kong SAR, China (%) | 481.7 2023 | yearly | 2001 - 2023 |
| Hungary (%) | 128.8 2023 | yearly | 2006 - 2023 |
| Iceland (%) | 72.9 2023 | yearly | 1989 - 2023 |
| India (%) | 18.9 2023 | yearly | 1970 - 2023 |
| Indonesia (%) | 29.8 2023 | yearly | 2003 - 2023 |
| Iran (%) | 0.3 2023 | yearly | 1994 - 2023 |
| Ireland (%) | 556.6 2023 | yearly | 2002 - 2023 |
| Israel (%) | 28.4 2023 | yearly | 1998 - 2023 |
| Italy (%) | 129.0 2022 | yearly | 2002 - 2022 |
| Ivory Coast (%) | 31.4 2021 | yearly | 1994 - 2021 |
| Japan (%) | 107.4 2023 | yearly | 2003 - 2023 |
| Jordan (%) | 80.7 2023 | yearly | 1970 - 2023 |
| Kazakhstan (%) | 60.9 Jun 2024 | quarterly | Mar 2002 - Jun 2024 |
| Kenya (%) | 40.3 2023 | yearly | 2006 - 2023 |
| South Korea (%) | 36.6 2023 | yearly | 1994 - 2023 |
| Kosovo (%) | 39.6 2023 | yearly | 2007 - 2023 |
| Kuwait (%) | 39.4 2023 | yearly | 2014 - 2023 |
| Kyrgyzstan (%) | 72.3 2023 | yearly | 2003 - 2023 |
| Laos (%) | 74.2 2023 | yearly | 1996 - 2023 |
| Latvia (%) | 100.7 Mar 2024 | quarterly | Mar 2000 - Mar 2024 |
| Lebanon (%) | 21.2 2021 | yearly | 2007 - 2021 |
| Lithuania (%) | 69.2 2023 | yearly | 1996 - 2023 |
| Luxembourg (%) | 4,321.4 2023 | yearly | 2002 - 2023 |
| North Macedonia (%) | 83.2 2023 | yearly | 2004 - 2023 |
| Malawi (%) | 60.1 2021 | yearly | 2006 - 2021 |
| Malaysia (%) | 68.2 2023 | yearly | 2009 - 2023 |
| Malta (%) | 854.3 2023 | yearly | 2004 - 2023 |
| Mauritius (%) | 1,315.2 2023 | yearly | 2009 - 2023 |
| Mexico (%) | 33.1 2023 | yearly | 2002 - 2023 |
| Moldova (%) | 63.3 2023 | yearly | 2000 - 2023 |
| Mongolia (%) | 170.1 2023 | yearly | 1992 - 2023 |
| Montenegro (%) | 141.5 2022 | yearly | 2006 - 2022 |
| Morocco (%) | 50.9 2022 | yearly | 1970 - 2022 |
| Mozambique (%) | 71.7 2020 | yearly | 1985 - 2020 |
| Myanmar (%) | 16.7 2020 | yearly | 2018 - 2020 |
| Nepal (%) | 17.3 2016 | yearly | 2001 - 2016 |
| Netherlands (%) | 373.8 2023 | yearly | 2003 - 2023 |
| New Zealand (%) | 88.0 2023 | yearly | 1993 - 2023 |
| Nigeria (%) | 11.9 2023 | yearly | 1985 - 2023 |
| Norway (%) | 151.9 2023 | yearly | 2003 - 2023 |
| Pakistan (%) | 37.3 2023 | yearly | 2000 - 2023 |
| Palestinian Territory (%) | 12.2 2023 | yearly | 2012 - 2023 |
| Panama (%) | 167.4 2021 | yearly | 2014 - 2021 |
| Paraguay (%) | 55.7 2023 | yearly | 2000 - 2023 |
| Peru (%) | 39.3 2023 | yearly | 1980 - 2023 |
| Philippines (%) | 28.7 2023 | yearly | 1990 - 2023 |
| Poland (%) | 49.6 2023 | yearly | 1995 - 2023 |
| Portugal (%) | 150.4 2023 | yearly | 1996 - 2023 |
| Qatar (%) | 106.1 2018 | yearly | 2000 - 2018 |
| Romania (%) | 51.9 2023 | yearly | 1995 - 2023 |
| Russia (%) | 15.7 2023 | yearly | 1993 - 2023 |
| Serbia (%) | 65.3 2023 | yearly | 2000 - 2023 |
| Singapore (%) | 391.1 2023 | yearly | 2003 - 2023 |
| Slovakia (%) | 96.0 2023 | yearly | 1995 - 2023 |
| Slovenia (%) | 90.4 2023 | yearly | 2001 - 2023 |
| South Africa (%) | 41.5 2023 | yearly | 1985 - 2023 |
| Spain (%) | 163.6 2023 | yearly | 1995 - 2023 |
| Sri Lanka (%) | 75.0 2022 | yearly | 1998 - 2022 |
| Sudan (%) | 202.2 2021 | yearly | 2001 - 2021 |
| Sweden (%) | 168.5 2023 | yearly | 1997 - 2023 |
| Switzerland (%) | 236.4 2023 | yearly | 1999 - 2023 |
| Taiwan (%) | 27.3 2023 | yearly | 1999 - 2023 |
| Tajikistan (%) | 37.7 2021 | yearly | 2000 - 2021 |
| Thailand (%) | 37.4 Jun 2024 | quarterly | Mar 2005 - Jun 2024 |
| Tunisia (%) | 90.4 2023 | yearly | 2002 - 2023 |
| Turkey (%) | 45.2 2023 | yearly | 1989 - 2023 |
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| Government and Public Finance | Last | Frequency | Range |
|---|---|---|---|
| Consolidated Fiscal Balance: % of GDP (%) | -1.8 Jun 2024 | quarterly | Jun 2003 - Jun 2024 |
| Consolidated Fiscal Balance (USD mn) | -4,711.083 Jun 2024 | quarterly | Sep 2002 - Jun 2024 |
| Tax Revenue (USD mn) | 149,474.073 Jun 2024 | quarterly | Sep 2002 - Jun 2024 |
| Tax Revenue: % of GDP (%) | 33.5 Jun 2024 | quarterly | Sep 2002 - Jun 2024 |
| National Government Debt (USD mn) | 650,929.8 2023 | yearly | 1999 - 2023 |
| Government Debt: % of GDP (%) | 38.1 2023 | yearly | 1999 - 2023 |
| Forecast: Government Expenditure (AUD bn) | 1,268.078 2029 | yearly | 1988 - 2029 |
| Forecast: Government Net Debt (AUD bn) | 1,568.589 2029 | yearly | 1989 - 2029 |
| Forecast: Government Revenue (AUD bn) | 1,234.249 2029 | yearly | 1988 - 2029 |
| DOT Forecast: Budget Aggregates: Revenue (AUD bn) | 819.600 2028 | yearly | 1997 - 2028 |
| DOT Forecast: Budget Aggregates: Expenses (AUD bn) | 829.800 2028 | yearly | 1997 - 2028 |
| Foreign Trade | Last | Frequency | Range |
|---|---|---|---|
| Forecast: Exports of Goods Growth (%) | 2.969 2029 | yearly | 1980 - 2029 |
| Trade Balance (USD mn) | 3,119.6 Sep 2024 | monthly | Jul 1971 - Sep 2024 |
| Total Exports (USD mn) | 27,639.9 Sep 2024 | monthly | Jul 1971 - Sep 2024 |
| Total Exports Growth (%) | -10.2 Sep 2024 | monthly | Jul 1972 - Sep 2024 |
| Aluminum: Exports (USD th) | 4,120,297.894 2023 | yearly | 1995 - 2023 |
| Exports: Medicament (USD th) | 1,314,102.737 2022 | yearly | 1995 - 2022 |
| Exports: Medicinal and Pharmaceutical Product (USD th) | 1,778,195.621 2022 | yearly | 1995 - 2022 |
| Total Imports (USD mn) | 24,520.3 Sep 2024 | monthly | Jul 1971 - Sep 2024 |
| Total Imports Growth (%) | -7.8 Sep 2024 | monthly | Jul 1972 - Sep 2024 |
| Imports: Medicament (USD th) | 7,493,317.912 2022 | yearly | 1995 - 2022 |
| Imports: Medicinal and Pharmaceutical Product (USD th) | 6,198,455.930 2022 | yearly | 1995 - 2022 |
| Total Exports to USA (USD mn) | 1,338.429 Sep 2024 | monthly | Jan 1988 - Sep 2024 |
| Total Imports from USA (USD mn) | 2,739.142 Sep 2024 | monthly | Apr 1969 - Sep 2024 |
| Total Exports to China (USD mn) | 9,515.235 Sep 2024 | monthly | Apr 1969 - Sep 2024 |
| Total Imports from China (USD mn) | 6,346.875 Sep 2024 | monthly | Jan 1988 - Sep 2024 |
| Trade Balance: Goods (AUD mn) | 4,234.000 Sep 2024 | monthly | Jul 1971 - Sep 2024 |
| Trade Balance: sa: Goods (AUD mn) | 4,609.000 Sep 2024 | monthly | Jul 1971 - Sep 2024 |
| Terms of Trade Index: sa (2021-2022=100) | 91.300 Jun 2024 | quarterly | Sep 1959 - Jun 2024 |
| Export: SITC: Value: FOB: Manufactured Goods Classified Chiefly By Material (MG) (AUD mn) | 1,858.000 Sep 2024 | monthly | Jan 1988 - Sep 2024 |
| Export: SITC: Value: FOB: Crude Materials, Inedible, Except Fuels (CM) (AUD mn) | 13,991.000 Sep 2024 | monthly | Jan 1988 - Sep 2024 |
| Export: SITC: Value: FOB: Mineral Fuels, Lubricants and Related Materials (MF) (AUD mn) | 12,890.000 Sep 2024 | monthly | Jan 1988 - Sep 2024 |
| Export: SITC: Value: FOB: Food & Live Animals (FL) (AUD mn) | 4,190.000 Sep 2024 | monthly | Jan 1988 - Sep 2024 |
| Export: SITC: Value: FOB: Commodities and Transactions (CT): nec (AUD mn) | 3,399.000 Sep 2024 | monthly | Jan 1988 - Sep 2024 |
| Export: Value: Coal, whether or not Pulverized, but not Agglomerated (AUD mn) | 6,674.000 Sep 2024 | monthly | Jan 1988 - Sep 2024 |
| Export: Value: FOB: Korea, Republic of (AUD mn) | 2,914.000 Sep 2024 | monthly | Jan 1988 - Sep 2024 |
| Export: Value: FOB: Japan (AUD mn) | 5,301.000 Sep 2024 | monthly | Jan 1988 - Sep 2024 |
| Export: Value: FOB: China (excl SARs and Taiwan) (AUD mn) | 14,055.000 Sep 2024 | monthly | Jan 1988 - Sep 2024 |
| Export: Value: FOB: United States of America (AUD mn) | 1,977.000 Sep 2024 | monthly | Jan 1988 - Sep 2024 |
| Export: Value: FOB: India (AUD mn) | 2,156.000 Sep 2024 | monthly | Jan 1988 - Sep 2024 |
| Terms of Trade Index (2016-2017=100) | 106.800 Dec 2018 | quarterly | Sep 1959 - Dec 2018 |
| Import: SITC: Value: Commodities and Transactions (CT): nec (AUD mn) | 1,120.000 Sep 2024 | monthly | Jan 1988 - Sep 2024 |
| Import: SITC: Value: Manufactured Goods Classified Chiefly By Material (MG) (AUD mn) | 3,472.000 Sep 2024 | monthly | Jan 1988 - Sep 2024 |
| Import: SITC: Value: Mineral Fuels, Lubricants and Related Materials (MF) (AUD mn) | 4,146.000 Sep 2024 | monthly | Jan 1988 - Sep 2024 |
| Import: SITC: Value: Crude Materials, Inedible, Except Fuels (CM) (AUD mn) | 424.000 Sep 2024 | monthly | Jan 1988 - Sep 2024 |
| Import: SITC: Value: Food & Live Animals (FL) (AUD mn) | 1,923.000 Sep 2024 | monthly | Jan 1988 - Sep 2024 |
| Import: Value: Germany (AUD mn) | 1,496.000 Sep 2024 | monthly | Jan 1988 - Sep 2024 |
| Import: Value: United States of America (AUD mn) | 4,046.000 Sep 2024 | monthly | Jan 1988 - Sep 2024 |
| Import: Value: Japan (AUD mn) | 1,819.000 Sep 2024 | monthly | Jan 1988 - Sep 2024 |
| Import: Value: Singapore (AUD mn) | 1,011.000 Sep 2024 | monthly | Jan 1988 - Sep 2024 |
| Import: Value: China (AUD mn) | 9,375.000 Sep 2024 | monthly | Jan 1988 - Sep 2024 |
| Export Value Index (2015=100) | 183.729 2021 | yearly | 1995 - 2021 |
| Import Value Index (2015=100) | 125.258 2021 | yearly | 1995 - 2021 |
| Monetary | Last | Frequency | Range |
|---|---|---|---|
| Non Performing Loans Ratio (%) | 1.1 Jun 2024 | quarterly | Jun 2004 - Jun 2024 |
| Household Debt: % of GDP (%) | 116.6 Mar 2023 | quarterly | Jun 1988 - Mar 2023 |
| Non-Performing Loans (USD mn) | 30,395.707 Jun 2024 | quarterly | Sep 1994 - Jun 2024 |
| Money Supply M1 (USD mn) | 1,184,678.756 Sep 2024 | monthly | Feb 1975 - Sep 2024 |
| Money Supply M2 (USD mn) | 2,132,379.740 Sep 2024 | monthly | Mar 1965 - Sep 2024 |
| M2 Growth (%) | 5.4 Sep 2024 | monthly | Mar 1966 - Sep 2024 |
| Foreign Exchange Reserves (USD mn) | 38,916.8 Oct 2024 | monthly | Jul 1969 - Oct 2024 |
| Foreign Exchange Reserves: % of GDP (%) | 2.128 Jun 2024 | quarterly | Sep 1969 - Jun 2024 |
| Foreign Exchange Reserves: Months of Import (NA) | 1.5 May 2023 | monthly | Jul 1971 - May 2023 |
| Gold Reserves (USD mn) | 6,999.985 Oct 2024 | monthly | Jan 1958 - Oct 2024 |
| Total Deposits (USD mn) | 2,614,643.998 Mar 2023 | quarterly | Sep 2004 - Mar 2023 |
| Total Deposits Growth (%) | 3.8 Jun 2024 | quarterly | Sep 2005 - Jun 2024 |
| Domestic Credit (USD mn) | 3,795,894.1 Aug 2024 | monthly | Dec 2001 - Aug 2024 |
| Domestic Credit Growth (%) | -1.1 Aug 2024 | monthly | Dec 2002 - Aug 2024 |
| Debt Service Ratio: Households (%) | 18.800 Dec 2023 | quarterly | Mar 1999 - Dec 2023 |
| Debt Service Ratio: Private Non-Financial Sector (%) | 22.300 Dec 2023 | quarterly | Mar 1999 - Dec 2023 |
| Credit to Households (USD bn) | 1,953.455 Dec 2023 | quarterly | Dec 1977 - Dec 2023 |
| Credit to Private Non-Financial Sector (USD bn) | 3,023.117 Dec 2023 | quarterly | Mar 1971 - Dec 2023 |
| Household Debt (USD mn) | 2,107,060.2 Jun 2024 | quarterly | Jun 1988 - Jun 2024 |
| Total Loans (USD mn) | 2,554,892.630 Sep 2024 | monthly | Sep 1976 - Sep 2024 |
| Total Loans Growth (%) | 6.36 Sep 2024 | monthly | Sep 1977 - Sep 2024 |
| Private Debt: % of Nominal GDP (%) | 124.85 Jun 2024 | quarterly | Mar 1990 - Jun 2024 |
| Money Supply: sa: M3 (AUD bn) | 3,075.252 Sep 2024 | monthly | Mar 1965 - Sep 2024 |
| Money Supply: sa: M1 (AUD bn) | 1,708.507 Sep 2024 | monthly | Feb 1975 - Sep 2024 |
| Money Supply: M3 (AUD bn) | 3,075.429 Sep 2024 | monthly | Jul 1959 - Sep 2024 |
| Official Reserve Assets: Total: in USD (USD mn) | 65,018.000 Oct 2024 | monthly | Jul 1969 - Oct 2024 |
| AU: Broad Money (AUD mn) | 3,254,406.401 2023 | yearly | 1960 - 2023 |
| Business and Economic Survey | Last | Frequency | Range |
|---|---|---|---|
| Economic Policy Uncertainty Index (Index) | 140.248 Sep 2024 | monthly | Jan 1997 - Sep 2024 |
| Geopolitical Risk Index (%) | 0.111 Oct 2024 | monthly | Jan 1985 - Oct 2024 |
| Exports: % of GDP (%) | 27.346 2022 | yearly | 2001 - 2022 |
| Imports: % of GDP (%) | 21.613 2022 | yearly | 2001 - 2022 |
| Business Confidence Growth (% Point) | -2.0 Sep 2024 | monthly | Jul 2013 - Sep 2024 |
| Industrial Trends Survey: Composite Index: sa: Expected (Index) | 53.000 Sep 2024 | quarterly | Mar 2008 - Sep 2024 |
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Balance of Payments
Balance of Payments: Capital and Financial Account
Balance of Payments: Current Account: Forecast: OECD Member: Quarterly
BPM5: Balance of Payment: Current Account: Goods
BPM6: Balance of Payment: Current Account: Income
BPM6: Balance of Payment: Financial Account
BPM6: Balance of Payments: Analytical Presentation
BPM6: Balance of Payments: Detailed Presentation
BPM6: External Debt
BPM6: External Debt: Gross
BPM6: International Investment Position
Businesses Registered Statistics
Current Account as % of GDP
Foreign Investment in Australia: BPM6
Government Accounts: General Government: Forecast: OECD Member: Quarterly
Gross Domestic Product: GDP Deflator: Seasonally Adjusted: OECD Member: Quarterly
Insolvency: Bankruptcies Rate
Insolvency Statistics: Companies Entering External Administration: Monthly
Insolvency Statistics: New Administrations
Number of Company: by Sector
Personal Insolvency Statistics: In Business: Quarterly
Personal Insolvency Statistics: Quarterly
Private New Capital Expenditure: Actual: Chain Volume: 2008-09 Price
Private New Capital Expenditure: Expected
Private New Capital Expenditure: Realisation Ratios
Australian Investment Abroad: BPM6
Balance of Payments: Current Account
Balance of Payments: Current Account: USD: Forecast: OECD Member: Annual
BPM6: Balance of Payment: Current Account: Goods
BPM6: Balance of Payment: Current Account: Services
BPM6: Balance of Payment: Summary
BPM6: Balance of Payments: Analytical Presentation: Annual
BPM6: Balance of Payments: Detailed Presentation: Annual
BPM6: External Debt: Assets and Liabilities: by Residual Maturity and Currency
BPM6: External Debt: Net
BPM6: International Investment Position: Annual
Company Statistics
Current Account Balance: Forecast
Government Accounts: General Government: Forecast: OECD Member: Annual
Gross Domestic Product: GDP Deflator: Seasonally Adjusted: OECD Member: Annual
Gross Domestic Product: Real: Seasonally Adjusted: OECD Member: Quarterly
Insolvency Statistics: Companies Entering External Administration
Insolvency Statistics: Debtors Entering New Administrations: Fortnightly
Number of Company: by Industry
Number of Company: by State
Personal Insolvency Statistics: Not in Business or Not Stated: Quarterly
Private New Capital Expenditure: Actual
Private New Capital Expenditure: Chain Volume: Actual
Private New Capital Expenditure: Financial Year Estimates