Economy dashboard · Public finances
As at 13 October 2026 · official data unless labelled
How much does government borrow, tax and spend, compared with other rich countries?
General government gross debt, share of GDP
202559.6%Better than the OECD medianOECD median 67.9%
General government gross debt, share of GDP was 59.6% in 2025.
Across 29 OECD countries (2025), Australia ranks 11th best of 29 on general government gross debt, share of GDP, below the median of 67.9%.
Why it matters. Debt relative to the economy's size shows how much room government has to respond to the next downturn.
What's driving it
0 of 2 under pressureOn target or better than usualWorse than usualOutside the target bandA level, neither better nor worseBars show how far each reading sits from its benchmark: left of centre below it, right above it.