Australia Government Debt to GDP
Australia recorded a Government Debt to GDP of 20.48 percent of the country's Gross Domestic Product in 2013. Government Debt To GDP in Australia averaged 20.20 Percent from 1989 until 2013, reaching an all time high of 31.70 Percent in 1994 and a record low of 9.70 Percent in 2007. Government Debt To GDP in Australia is reported by the Australian Office of Financial Management (AOFM).
||1989 - 2013
Generally, Government debt as a percent of GDP is used by investors to measure a country ability to make future payments on its debt, thus affecting the country borrowing costs and government bond yields. This page provides - Australia Government Debt To GDP - actual values, historical data, forecast, chart, statistics, economic calendar and news.