
Gross debt in Australia
The government gross debt refers to the total of all sums of money that have to be paid to other countries, communities or institutions. Not included in the gross debt are the demands of a country to foreign ones.The gross debt in Australia in the period from 1998 to 2021 was between 40.8 billion and 682.5 billion USD. The highest level of the last years at 682 billion US Dollar was reached in 2021.
Based on the number of inhabitants, this is a debt of 26,567 USD per person. For comparison, the average debt per person in the same year in the European Union was 33,827 USD.
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Gross debt of the last 23 years in billion USD
Year | Australia total | Australia per capita | EU per capita |
---|---|---|---|
1998 | 65.08 bn USD | 3,478 USD | 14,079 USD |
1999 | 60.11 bn USD | 3,176 USD | 14,032 USD |
2000 | 56.95 bn USD | 2,973 USD | 11,241 USD |
2001 | 45.45 bn USD | 2,341 USD | 11,263 USD |
2002 | 40.78 bn USD | 2,075 USD | 12,266 USD |
2003 | 41.95 bn USD | 2,108 USD | 15,295 USD |
2004 | 49.63 bn USD | 2,466 USD | 17,606 USD |
2005 | 51.06 bn USD | 2,504 USD | 18,337 USD |
2006 | 48.98 bn USD | 2,366 USD | 18,887 USD |
2007 | 51.84 bn USD | 2,489 USD | 20,910 USD |
2008 | 80.22 bn USD | 3,775 USD | 24,100 USD |
2009 | 106.66 bn USD | 4,917 USD | 25,376 USD |
2010 | 163.43 bn USD | 7,418 USD | 26,515 USD |
2011 | 237.48 bn USD | 10,630 USD | 29,254 USD |
2012 | 297.50 bn USD | 13,086 USD | 28,198 USD |
2013 | 334.90 bn USD | 14,480 USD | 30,008 USD |
2014 | 360.94 bn USD | 15,375 USD | 30,677 USD |
2015 | 384.27 bn USD | 16,135 USD | 25,944 USD |
2016 | 381.47 bn USD | 15,769 USD | 26,287 USD |
2017 | 429.39 bn USD | 17,459 USD | 27,108 USD |
2018 | 470.20 bn USD | 18,833 USD | 28,543 USD |
2019 | 508.77 bn USD | 20,078 USD | 27,264 USD |
2020 | 580.20 bn USD | 22,615 USD | 30,919 USD |
2021 | 682.45 bn USD | 26,567 USD | 33,827 USD |