Australia - Central government debt

Central government debt, total (current LCU)

The value for Central government debt, total (current LCU) in Australia was 907,555,000 as of 2016. As the graph below shows, over the past 26 years this indicator reached a maximum value of 195,640,000,000 in 2000 and a minimum value of 196,000,000 in 2002.

Definition: Debt is the entire stock of direct government fixed-term contractual obligations to others outstanding on a particular date. It includes domestic and foreign liabilities such as currency and money deposits, securities other than shares, and loans. It is the gross amount of government liabilities reduced by the amount of equity and financial derivatives held by the government. Because debt is a stock rather than a flow, it is measured as of a given date, usually the last day of the fiscal year.

Source: International Monetary Fund, Government Finance Statistics Yearbook and data files.

Year Value
1990 49,485,000,000
1991 49,502,000,000
1992 59,874,000,000
1993 79,401,000,000
1994 94,203,000,000
1995 107,501,000,000
1996 115,374,000,000
1997 116,120,000,000
1998 99,449,000,000
1999 193,171,000,000
2000 195,640,000,000
2001 196,100,000
2002 196,000,000
2003 201,700,000
2004 197,800,000
2005 207,600,000
2006 215,700,000
2007 220,800,000
2008 216,600,000
2009 303,200,000
2010 380,700,000
2011 433,300,000
2012 598,400,000
2013 584,400,000
2014 674,700,000
2015 762,718,000
2016 907,555,000

Central government debt, total (% of GDP)

Central government debt, total (% of GDP) in Australia was 0.05 as of 2016. Its highest value over the past 26 years was 31.11 in 1999, while its lowest value was 0.02 in 2008.

Definition: Debt is the entire stock of direct government fixed-term contractual obligations to others outstanding on a particular date. It includes domestic and foreign liabilities such as currency and money deposits, securities other than shares, and loans. It is the gross amount of government liabilities reduced by the amount of equity and financial derivatives held by the government. Because debt is a stock rather than a flow, it is measured as of a given date, usually the last day of the fiscal year.

Source: International Monetary Fund, Government Finance Statistics Yearbook and data files, and World Bank and OECD GDP estimates.

See also:

Year Value
1990 12.23
1991 11.92
1992 14.15
1993 17.87
1994 20.19
1995 21.70
1996 21.82
1997 20.88
1998 16.89
1999 31.11
2000 29.57
2001 0.03
2002 0.03
2003 0.03
2004 0.02
2005 0.02
2006 0.02
2007 0.02
2008 0.02
2009 0.02
2010 0.03
2011 0.03
2012 0.04
2013 0.04
2014 0.04
2015 0.05
2016 0.05

Classification

Topic: Public Sector Indicators

Sub-Topic: Government finance