National Debt of Australia

A$4635338476302
$463+ billion
    • Interest per Year
    • Interest per Second
    • Population
    • Debt per Citizen
    • GDP
    • Debt as % of GDP
    • $15.1 billion
    • $473
    • 24,187,356
    • $19,164
    • $2.19 trillion
    • 21.37%

Australia’s Private Debt is $2.6 trillion

    • Household Debt
    • Business Debt

    • Mortgage Debt
    • Personal Debt
    • Credit Card Debt
    • $1.7 trillion
    • $850 billion

    • $1.57 trillion
    • $145 billion
    • $48.7 billion

Australia’s Economy Facts

  • The Australian economy has not been in a recession for the past 25 years
  • Australia’s credit rating is excellent: AAA from all three major ratings agencies
  • Australia’s economy is the world’s 12th-ranked
  • Government’s tax income for 2015 is estimated to be $353.6 billion while expenses are over $400 billion
  • Mining boom is not dead, it stills contributes towards annual growth twice as much as finance & insurance sector
  • In 2013 & 2014 Australians were the world’s richest – every person was worth an average of $A258,000 – mostly thanks to the overpriced properties
  • Current unemployment is 6.4%
  • Current cash rate is 1.5%
  • Current Inflation rate is 2.3%

Top 5 Australia’s Export Partners

  1. China: 36.7%
  2. Japan: 18%
  3. Republic of Korea: 7.7%
  4. USA: 3.9%
  5. India: 3.1%

Top 5 Australia’s Import Partners

  1. China: 19.9%
  2. USA: 11.1%
  3. Japan: 7.3%
  4. Singapore: 5.2%
  5. Germany: 4.9%