24Peaks / Oceania / Australia / General Government Gross Debt (% of GDP)

Australia - General Government Gross Debt (% of GDP) 51.03

World Bank · updated 2026-10-03 · 191 economies tracked

Latest value

51.03 (2025)

Global rank

##86 of 191 economies

Share of global total

0.5%

Growth since 1990

3.12×

Ranking Race — General Government Gross Debt (% of GDP)

1 = global #1 · lower value ranks higher

#1#18#35#52#69#86#10319901995200020052010201520202025#7#862022 overtook Liberia2023 overtook Armenia
AustraliaLiechtensteinBrunei DarussalamTuvaluTurkmenistan

Real annual global ranks, 1990 - 2025. Australia climbed from #7 to #86 (overtook Liberia). Gaps in a lane = missing data that year.

Key events for Australia ↓

Key Events — Australia

Auto-detected from rank data + curated milestones

2008
Global crisis resilience curated

Avoids recession on the back of China-driven commodity demand.

2020
COVID-19 recession curated

First recession in nearly three decades.

2022
Overtook Liberia in global rank auto
2023
Overtook Armenia in global rank auto

General Government Gross Debt (% of GDP), 1990-2025

World Bank · % of GDP · linear scale · ranking in the race above
199020002010202020259.6525.441.1656.91

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