24Peaks / Oceania / Australia / Government Financial Assets (% of GDP)

Australia - Government Financial Assets (% of GDP) 49.68

IMF Government Finance Statistics · updated 2026-10-03 · 70 economies tracked

Latest value

49.68 (2022)

Global rank

##19 of 70 economies

Share of global total

1.8%

Growth since 1999

1.13×

Ranking Race — Government Financial Assets (% of GDP)

1 = global #1 · higher value ranks higher

#1#10#19#28#37#46#5519901995200020052010201520202025#15#192015 overtook Austria2022 overtook Croatia
AustraliaCanadaNew ZealandUnited StatesTürkiye

Real annual global ranks, 1990 - 2025. Australia climbed from #15 to #19 (overtook Austria). 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.

2015
Overtook Austria in global rank auto
2020
COVID-19 recession curated

First recession in nearly three decades.

2022
Overtook Croatia in global rank auto

Government Financial Assets (% of GDP), 1999-2022

IMF Government Finance Statistics · % of GDP · linear scale · ranking in the race above
19992004200920142019202237.6543.4849.3255.15
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