24Peaks / Oceania / Australia / Net Operating Balance (% of GDP)

Australia - Net Operating Balance (% of GDP) -1.41

IMF GFS (accrual) · updated 2026-10-03 · 67 economies tracked

Latest value

-1.41 (2022)

Global rank

##27 of 67 economies

Share of global total

11.3%

Growth since 2017

1.88×

Ranking Race — Net Operating Balance (% of GDP)

1 = global #1 · higher value ranks higher

#1#10#19#28#37#46#55201720222025#37#272018 overtook Greece2022 overtook Germany
AustraliaTürkiyeCanadaNew ZealandUnited States

Real annual global ranks, 2017 - 2025. Australia climbed from #37 to #27 (overtook Greece). Gaps in a lane = missing data that year.

Key events for Australia ↓

Key Events — Australia

Auto-detected from rank data + curated milestones

2018
Overtook Greece in global rank auto
2020
COVID-19 recession curated

First recession in nearly three decades.

2021
Fell 20 places in global rank auto
2022
Overtook Germany in global rank auto
2022
Climbed 24 places in global rank auto

Net Operating Balance (% of GDP), 2017-2022

IMF GFS (accrual) · % of GDP · linear scale · ranking in the race above
20172022-6.64-4.15-1.660.83

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