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Country or Region: Australia › Change country
Economic Indicator: Total Government Gross Debt (National Currency) › See all Australia indicators, › See Total Government Gross Debt (National Currency) data for all countries
Detailed Analysis for Year: 2010 › Change year
Full Dataset: from 1980 to 2016
Dataset updated: 1st August 2011
Data Source: International Monetary Fund (IMF)
National or Regional Currency: Australian Dollar
Currency Symbol: AUD

Gross debt consists of all liabilities that require payment or payments of interest and/or principal by the debtor to the creditor at a date or dates in the future. This includes debt liabilities in the form of SDRs, currency and deposits, debt securities, loans, insurance, pensions and standardized guarantee schemes, and other accounts payable. Thus, all liabilities in the GFSM 2001 system are debt, except for equity and investment fund shares and financial derivatives and employee stock options. Debt can be valued at current market, nominal, or face values (GFSM 2001, paragraph 7.110). Source: Ministry of Finance Latest actual data: 2010 Fiscal assumptions: Fiscal projections are based on the IMF staff projections and the 2010-11 Mid-year Economic and Fiscal Outlook. Start/end months of reporting year: July/June Basis of recording: Cash General government includes: Central Government;State Government;Local Government; Valuation of public debt: Nominal value Primary domestic currency: Australian dollars Data last updated: 03/2011

Total Government Gross Debt (National Currency) for Australia is AUD 299.72 Billion.

In the previous year, 2009, Total Government Gross Debt (National Currency) for Australia was AUD 220.05 Billion Total Government Gross Debt (National Currency) for Australia in 2010 was or will be 36.21% more than it was or will be in 2009.

In the following or forecasted year, 2011, Total Government Gross Debt (National Currency) for Australia was or will be AUD 347.94 Billion, which is 16.09% more than the 2010 figure.