External Debt in Australia increased to 2045588 AUD Million in the second quarter of 2018 from 2005834 AUD Million in the first quarter of 2018. External Debt in Australia averaged 792244.16 AUD Million from 1988 until 2018, reaching an all time high of 2045588 AUD Million in the second quarter of 2018 and a record low of 147312 AUD Million in the third quarter of 1988.
External Debt in Australia is expected to be 2092302.79 AUD Million by the end of this quarter, according to Trading Economics global macro models and analysts expectations. Looking forward, we estimate External Debt in Australia to stand at 2159481.01 in 12 months time. In the long-term, the Australia Total Gross External Debt is projected to trend around 2366660.56 AUD Million in 2020, according to our econometric models.