Makrognosis

Australia Government Debt to GDP

QuarterlyNot seasonally adjustedCode AU.GOVDEBT.Q.NSA

Latest37.9%Q2 2026
Previous38.9%Q1 2026
Year ago38.7%Q2 2025

Australia Government Debt to GDP was 37.9% in Q2 2026, down 1.0 percentage points from Q1 2026 and down 0.8 percentage points from a year earlier.

That is the lowest reading since Q2 2024.

Among the 38 economies Makrognosis covers on this measure, it is the 7th lowest.

Over the past available history it has ranged from 37.3% (Q2 2023) to 49.8% (Q3 2020), averaging 41.2%.

Australia Government Debt to GDP (% of GDP), Q3 2020 – Q2 202635.0%37.5%40.0%42.5%45.0%47.5%50.0%202120222023202420252026Robomacro
Australia Government Debt to GDP (% of GDP), Q3 2020 – Q2 2026. Source: U.S. Treasury FiscalData.

Showing the full history (downsampled for display). Open the interactive chart to zoom and switch transforms.

Recent data

PeriodValue
Q2 202637.9%
Q1 202638.9%
Q4 202538.4%
Q3 202539.5%
Q2 202538.7%
Q1 202539.7%
Q4 202438.1%
Q3 202439.4%
Q2 202437.7%
Q1 202439.2%
Q4 202338.8%
Q3 202337.4%
Q2 202337.3%
Q1 202339.8%
Q4 202238.3%
Q3 202239.5%
Q2 202241.1%
Q1 202242.9%
Q4 202145.9%
Q3 202146.7%
Q2 202146.8%
Q1 202147.9%
Q4 202049.6%
Q3 202049.8%

Last 24 observations. The full history (24 observations) is available through the API.

Get Australia Government Debt to GDP in your code or spreadsheet

One guessable code, agency-direct, updated on release. Free tier available.

curl -H "X-API-Key: $MAKROGNOSIS_KEY" \
  "https://makrognosis.robomacro.com/v1/series/AU.GOVDEBT.Q.NSA"

# Python
import requests
r = requests.get("https://makrognosis.robomacro.com/v1/series/AU.GOVDEBT.Q.NSA",
                 headers={"X-API-Key": KEY})
obs = r.json()["observations"]
Get a free API key → · API docs

About this series

Latest observationQ2 2026
First observationQ3 2020
Observations24
FrequencyQuarterly
Units% of GDP
AdjustmentNot seasonally adjusted
10-year high49.8% (Q3 2020)
10-year low37.3% (Q2 2023)
10-year average41.2%
Source agencyU.S. Treasury FiscalData
Makrognosis codeAU.GOVDEBT.Q.NSA

This series is a labelled reference series (an official figure republished by an aggregator) rather than a first print from the agency itself.

Government Debt to GDP: how Australia compares

#EconomyPeriodLatest
1SingaporeQ1 2025166.1%
2GreeceQ2 2026140.8%
3ItalyQ2 2026139.9%
4CanadaQ2 2026131.3%
5United StatesQ3 2026121.7%
27GhanaQ3 202645.7%
28Czech RepublicQ2 202643.8%
29NetherlandsQ2 202643.7%
30ChileQ2 202643.0%
31SwitzerlandQ1 202540.1%
32AustraliaQ2 202637.9%
33IrelandQ2 202635.3%
34SwedenQ2 202635.3%
35PeruQ1 202629.2%
36BulgariaQ2 202628.7%
37DenmarkQ2 202627.1%
38EstoniaQ2 202626.1%

Government Debt to GDP by country: all 38 economies ranked →

Other Australia indicators

Australia GDP (Gross Domestic Product)Australia GDP, Current Prices, Seasonally AdjustedAustralia CPI: All Groups, OriginalAustralia Inflation Rate (CPI)Australia CPI: Trimmed Mean, Seasonally Adjusted (8 capital cities)Australia Core Inflation RateAustralia Unemployment RateAustralia 10-Year Government Bond YieldAustralia Credit Rating & Sovereign Risk ScoreAustralia Credit to the private sector outstanding (RBA table D2 DLCACFS)Australia Producer Price Inflation (PPI)Australia Balance of Payments: Current Account Balance, SAAustralia Trade Balance: Goods & ServicesAustralia Exports of goods & services (national accounts, real) (ABS ANA_EXP)Australia Trade in Goods: Exports (Credits), Seasonally AdjustedAustralia Imports of goods & services (national accounts, real) (ABS ANA_EXP)

FAQ

What is the current government Debt to GDP in Australia?
The latest reading is 37.9% for Q2 2026, published by U.S. Treasury FiscalData.
Where does this data come from?
It is collected directly from U.S. Treasury FiscalData and is available through the Makrognosis API under the code AU.GOVDEBT.Q.NSA.

Last updated 2026-09-02. Source: U.S. Treasury FiscalData. Original title: “Australia general government debt securities (Cwlth + state), % of annualized nominal GDP (ABS GFS + ANA)”.