Public debt reached USD 620 bil in 2023 in Australia, according to the National Statistical Office. This is 1.63% more than in the previous year.
Historically, public debt in Australia reached an all time high of USD 620 bil in 2023 and an all time low of USD 52.3 bil in 1989.
Australia has been ranked 14th within the group of 166 countries we follow in terms of public debt.
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