🇦🇺 Australia National Debt Clock
Live tracker for Australia government debt. The national debt currently stands at approximately $1.08 trillion, growing at $5K per second based on IMF fiscal deficit projections. Debt-to-GDP: 52%. Per-citizen share: $38,572.
Among the 135 governments tracked here, Australia ranks 77th by debt-to-GDP, 14th by total debt and 21st by debt per person.
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 52% is moderate: higher than 41% of the 135 governments tracked here. No ratio is safe or dangerous on its own — whether a debt is sustainable depends on the interest rate on it, how fast the economy grows, the currency it is owed in and who holds it. By total government debt, Australia ranks 14th of the 135 governments tracked here.
At the current borrowing rate of $5K per second, Australia adds about $425 million to its government debt every day — roughly $155.1 billion per year. Each of Australia's 28 million residents carries an individual share of approximately $38,572. That is above the world average of roughly $14,600 in government debt per person.
Figures are computed by Global Debt Clock by linear extrapolation from each country's baseline figure, named in the source line on this page (for most countries, the IMF World Economic Outlook, October 2026). 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 $1.08 trillion as of October 27, 2026, growing at $5K per second. Its debt-to-GDP ratio is 52% and each citizen's share is about $38,572.
How fast is Australia's debt growing?
Australia's government debt is growing at approximately $5K per second — about $425 million per day — derived from the IMF's projections for 2026.
What is Australia's debt per capita?
Each of Australia's 28 million residents carries a notional share of approximately $38,572 of the national debt.
What is Australia's debt-to-GDP ratio?
Australia's debt-to-GDP ratio is 52%. That is higher than 41% of the 135 governments tracked here.
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
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Data & Citation
Source: IMF WEO October 2026 (GGXWDG, end-2025 stock) · baseline anchored .
Methodology: debt = 955,515,218,832 + 4919 × seconds_since(2026-01-01)
Machine-readable data: /api/debt?c=au (live JSON) · /data/debt.json (full dataset)
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