Debt to GDP

Australian Debt to GDP

Debt to GDP refers to the ratio of government net financial liabilities divided by nominal gross domestic product (GDP). It reflects government finances and can be interpreted as the number of years to payoff debt if all GDP is devoted to debt repayment. The change in debt-to-gdp approximately shows net increase/decrease in government debt as percentage of GDP.

Date Value Previous Change
Jan 2013 6.5 7.3 -10.96 %
Jan 2012 7.3 5.3 +37.74 %
Jan 2011 5.3 1.8 +194.44 %
Jan 2010 1.8 -3.7 +148.65 %
Jan 2009 -3.7 -7.6 +51.32 %
Jan 2008 -7.6 -7.3 -4.11 %
Jan 2007 -7.3 -4.6 -58.70 %
Jan 2006 -4.6 -1.3 -253.85 %
Jan 2005 -1.3 0.3 -533.33 %
Jan 2004 0.3 2.4 -87.50 %
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