🇦🇺 Australia National Debt Clock
Live tracker for Australia government debt. The national debt currently stands at approximately $1.31 trillion, growing at $1K every second based on IMF fiscal deficit projections. Debt-to-GDP: 51%. Per-citizen share: $49,081.
About Australia's National Debt
Australia maintains a relatively low debt-to-GDP ratio for a developed economy, supported by decades of nearly uninterrupted growth and commodity exports. Debt rose during the pandemic but remains modest by G20 standards.
Australia's debt-to-GDP ratio of 51% sits broadly within the range the IMF considers sustainable for an economy with sound institutions. By total government debt, Australia ranks 12th of the 138 governments tracked here.
At the current borrowing rate of $1K per second, Australia adds about $0.1 billion to its national debt every day — roughly $44 billion per year. Each of Australia's 27 million citizens carries an individual share of approximately $49,081. That is above the world average of roughly $12,600 in government debt per person.
Figures are computed by Global Debt Clock using linear extrapolation from IMF general government gross debt baselines (Fiscal Monitor / WEO April 2026) and national treasury data. Actual debt changes through discrete bond issuances — these counters illustrate the approximate scale and pace of sovereign borrowing.
Australia National Debt — Frequently Asked Questions
What is Australia's national debt right now?
Australia's national debt is approximately $1.31 trillion as of July 29, 2026, growing at $1K per second. Its debt-to-GDP ratio is 51% and each citizen's share is about $49,081.
How fast is Australia's debt growing?
Australia's government debt grows at approximately $1K per second — about $0.1 billion per day — derived from IMF fiscal-deficit projections anchored to the April 2026 baseline.
What is Australia's debt per capita?
Each of Australia's 27 million citizens carries a notional share of approximately $49,081 of the national debt.
What is Australia's debt-to-GDP ratio?
Australia's debt-to-GDP ratio is 51%. This is within a range generally considered fiscally sustainable.
Why is Australia's government debt at this level?
Australia maintains a relatively low debt-to-GDP ratio for a developed economy, supported by decades of nearly uninterrupted growth and commodity exports. Debt rose during the pandemic but remains modest by G20 standards.
Compare Australia vs another country
Live side-by-side debt comparisons — shareable cards for journalists and social.
Further reading
Other Asia-Pacific countries
Data & Citation
Source: IMF World Economic Outlook · World Bank International Debt Statistics · baseline anchored .
Methodology: debt = 1,296,000,000,000 + 1400 × seconds_since(2026-04-01)
Machine-readable data: /api/debt?c=au (live JSON) · /data/debt.json (full dataset)
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