Government Debt in Australia averaged 197089.19 AUD Million from 2007 until 2020, reaching an all time high of 602042 AUD Million in October of 2020 and a record low of -50019 AUD Million in May of 2008. This page provides - Australia Government Net Debt- actual values, historical data, forecast, chart, statistics, economic calendar and news. Australia Government Net Debt - values, historical data and charts - was last updated on December of 2020.
Government Debt in Australia is expected to be 608000.00 AUD Million by the end of this quarter, according to Trading Economics global macro models and analysts expectations. Looking forward, we estimate Government Debt in Australia to stand at 629000.00 in 12 months time. In the long-term, the Australia Government Net Debt is projected to trend around 635000.00 AUD Million in 2021 and 615000.00 AUD Million in 2022, according to our econometric models.