Australia Government Debt to GDP - Forecast

Government Debt to GDP in Australia is expected to be 42.50 percent by the end of this quarter, according to Trading Economics global macro models and analysts expectations. In the long-term, the Australia Government Debt to GDP is projected to trend around 38.00 percent in 2020, according to our econometric models.


Forecast Data Chart
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Australia Government Last Q3/18 Q4/18 Q1/19 Q2/19 2020
Government Debt to GDP 41.9 42.5 42.5 41 41 38
Government Budget -1.9 -1.2 -1.2 -0.8 -0.8 -0.3
Government Budget Value 10417 4379 8202 5759 8399 9014
Government Spending 85568 82714 85590 86657 87536 89835
Government Revenues 49256 42339 45435 43612 46262 46873
Fiscal Expenditure 38839 37960 37801 37853 37863 37859
Military Expenditure 26102 25466 24976 24690 24404 25993
Credit Rating 97.44
Asylum Applications 2042 2091 2088 2089 2089 2089
Government Spending To Gdp 36.2 35.96 35.97 35.97 35.97 36.01