The government borrowing as percentage of gdp in Australia has reached -6.5%, signifying a 2.24% (-25.6%) increase compared to 2020.
Government borrowing as percentage of GDP in Australia
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More indicators for Australia
Government net debt in national currency
741.70B
+8.23B
(2023)
Current account balance
-intl dollar18.57B
+intl dollar0.08B
(2028)
Government revenue in national currency
927.25B
+51.44B
(2023)
Government expenditure in national currency
963.53B
+30.50B
(2023)
Government structural balance in national currency
-40.38B
+20.45B
(2023)
Australia Government borrowing as percentage of GDP between 1988 and 2021
| Period | Value | Change |
|---|---|---|
| 2021 | -6.5% | +2.24% |
| 2020 | -8.74% | -4.33% |
| 2019 | -4.41% | -3.15% |
| 2018 | -1.26% | +0.46% |
| 2017 | -1.72% | +0.71% |
| 2016 | -2.42% | +0.37% |
| 2015 | -2.79% | +0.13% |
| 2014 | -2.92% | -0.11% |
| 2013 | -2.81% | +0.7% |
| 2012 | -3.51% | +1.02% |
| 2011 | -4.53% | +0.59% |
| 2010 | -5.12% | -0.55% |
| 2009 | -4.56% | -3.46% |
| 2008 | -1.1% | -2.58% |
| 2007 | 1.48% | -0.3% |
| 2006 | 1.77% | +0.07% |
| 2005 | 1.71% | +0.39% |
| 2004 | 1.32% | +0.27% |
| 2003 | 1.05% | +0.86% |
| 2002 | 0.19% | +0.22% |
| 2001 | -0.03% | -1.28% |
| 2000 | 1.25% | +0.59% |
| 1999 | 0.67% | +0.91% |
| 1998 | -0.25% | +0.25% |
| 1997 | -0.49% | +0.96% |
| 1996 | -1.46% | +1.15% |
| 1995 | -2.6% | +1.19% |
| 1994 | -3.79% | +0.93% |
| 1993 | -4.73% | +0.02% |
| 1992 | -4.74% | -1.96% |
| 1991 | -2.79% | -2.56% |
| 1990 | -0.23% | -1.16% |
| 1989 | 0.93% | +0.45% |
| 1988 | 0.48% |