Outstanding domestic public debt securities to GDP (%) in Australia
Australia: Outstanding domestic public debt securities to GDP (%) was 77.5% in 2020. ▲ Rising
Outstanding domestic public debt securities to GDP in Australia, 1988–2020
Source: Bank for International Settlements (BIS). Measured in %.
Analysis
The most recent figure for outstanding domestic public debt securities to gdp in Australia is 77.5%, measured in 2020. That is the highest value across all 33 years on record.
The figure is up 57.9% on the previous year and up 149.6% over ten years.
Over the whole period, outstanding domestic public debt securities to gdp in Australia peaked at 77.5% in 2020 and was at its lowest, 10.8%, in 2008.
Australia ranks 5th of 32 countries on this measure, in the top quarter.
The long-run direction has been consistently rising across the 33 years of available data.
Outstanding domestic public debt securities to GDP (%) in Australia, year by year
| Year | % | Change |
|---|---|---|
| 1988 | 32.1% | — |
| 1989 | 24.8% | -22.6% |
| 1990 | 24.9% | +0.1% |
| 1991 | 28.8% | +16.0% |
| 1992 | 29.4% | +2.1% |
| 1993 | 36.3% | +23.4% |
| 1994 | 39.5% | +8.7% |
| 1995 | 34.8% | -11.8% |
| 1996 | 35.0% | +0.7% |
| 1997 | 25.1% | -28.3% |
| 1998 | 24.9% | -1.0% |
| 1999 | 24.4% | -1.9% |
| 2000 | 18.1% | -25.8% |
| 2001 | 17.4% | -3.9% |
| 2002 | 19.0% | +9.1% |
| 2003 | 19.7% | +3.7% |
| 2004 | 15.7% | -20.3% |
| 2005 | 13.2% | -15.7% |
| 2006 | 13.0% | -1.4% |
| 2007 | 13.6% | +4.4% |
| 2008 | 10.8% | -20.5% |
| 2009 | 26.0% | +139.5% |
| 2010 | 31.0% | +19.6% |
| 2011 | 33.4% | +7.5% |
| 2012 | 36.1% | +8.1% |
| 2013 | 32.5% | -9.8% |
| 2014 | 38.3% | +17.6% |
| 2015 | 39.7% | +3.8% |
| 2016 | 47.3% | +19.0% |
| 2017 | 49.7% | +5.2% |
| 2018 | 43.5% | -12.5% |
| 2019 | 49.1% | +12.7% |
| 2020 | 77.5% | +57.9% |
Australia compared with similar countries
- Australia's 77.5% is above the median for high income countries, which is 42.6%, 1.8× the median. (16 countries reporting)
- Australia's 77.5% is above the median for East Asia & Pacific, which is 47.9%, 1.6× the median. (10 countries reporting)
Biggest year-on-year movements
Years where Outstanding domestic public debt securities to GDP (%) in Australia changed far more than this series normally does. A large move can be a real event or a change in how the figure was measured — the source note below says who published it.
| Year | Change | From | To |
|---|---|---|---|
| 2009 | +139.5% | 10.8% | 26.0% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1980s | 28.5% | 24.8% | 32.1% | 2 |
| 1990s | 30.3% | 24.4% | 39.5% | 10 |
| 2000s | 16.7% | 10.8% | 26.0% | 10 |
| 2010s | 40.1% | 31.0% | 49.7% | 10 |
| 2020s | 77.5% | 77.5% | 77.5% | 1 |
Countries ranked near Australia
More financial sector data for Australia
- Reserve position in the IMF, US dollar, annual growth rate 11.9 % change on previous year (2025)
- Reserve position in the IMF, US dollar, per unit of GDP 0.0013 units per US$ of GDP (2025)
- Reserve position in the IMF, US dollar, per capita 83.74 units per person (2025)
- Reserve position in the IMF, SDR, annual growth rate 6.56 % change on previous year (2025)
- Reserve position in the IMF, SDR, per unit of GDP 0.0009 units per US$ of GDP (2025)
- Reserve position in the IMF, SDR, per capita 61.14 units per person (2025)
- Reserve tranche position, US dollar, annual growth rate 11.9 % change on previous year (2025)
- Reserve tranche position, US dollar, per unit of GDP 0.0013 units per US$ of GDP (2025)
- Reserve tranche position, US dollar, per capita 83.74 units per person (2025)
- Reserve tranche position, SDR, annual growth rate 6.56 % change on previous year (2025)
Frequently asked questions
- What is outstanding domestic public debt securities to gdp in Australia?
- Outstanding domestic public debt securities to gdp in Australia was 77.5% in 2020, according to Bank for International Settlements (BIS).
- What is the highest outstanding domestic public debt securities to gdp recorded in Australia?
- The highest recorded value was 77.5% in 2020.
- What is the lowest outstanding domestic public debt securities to gdp recorded in Australia?
- The lowest recorded value was 10.8% in 2008.
- How does Australia rank for outstanding domestic public debt securities to gdp?
- Australia ranks 5th out of 32 countries with data for 2020.
- Is outstanding domestic public debt securities to gdp rising or falling in Australia?
- Over the last ten years it is up 149.6%. The long-run trend across the full record is rising.
- Where does this Australia data come from?
- The figures come from Bank for International Settlements (BIS), published as part of Outstanding domestic public debt securities to GDP (%). Statizoid updates them automatically from the source API.
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About this data
Total amount of domestic public debt securities (amounts outstanding) issued in domestic markets as a share of GDP. It covers long-term bonds and notes, treasury bills, commercial paper and other short-term notes. Table 16A (domestic debt amount): governments / GDP. End of year data (i.e. December data) are considered for debt securities. The figures are deflated using the following methodology: {(0.5)*[Ft/P_et + Ft-1/P_et-1]}/[GDPt/P_at] where F is the level domestic public debt, P_e is end-of period CPI, and P_a is average annual CPI. GDP is from World Development Indicators. End-of period CPI is taken from IFS line 64M..ZF month of December (or if not available Q4). Average annual CPI is constructed from the monthly CPI figure taken from IFS line 64..ZF.