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Australia - Government Debt to GDP 1998

Name: Australia Government Debt to GDP 1998
Creator: IMF WEO
License: https://creativecommons.org/licenses/by/4.0/

General government gross debt as % of GDP · IMF WEO

23.70% −2.21% from 1997 Global rank: 26th

Australia's government debt to gdp was 23.70% in 1998, decreased +2.21% from 25.91% in 1997. This was the 26th highest globally.

Global Ranking - 1998▾

Government Debt to GDP by Country - 1998
Rank	Country	Value	YoY
1st	Estonia	5.40%	-10.5%
2nd	Luxembourg	9.51%	-5.5%
3rd	Kiribati	9.81%	-8.5%
4th	Latvia	9.82%	-
5th	Botswana	11.31%	-
6th	Chile	12.12%	-5.2%
7th	Dominican Republic	13.25%	-4.3%
8th	Korea	13.82%	42.5%
9th	Czechia	13.88%	14.5%
10th	Azerbaijan	14.29%	24.9%
11th	Eswatini	15.60%	23.3%
12th	Nigeria	15.81%	-7.8%
13th	Uzbekistan	18.00%	17.4%
14th	Marshall Islands	18.15%	107.9%
15th	Senegal	18.80%	-72.3%
16th	Namibia	19.57%	10.5%
17th	Bahrain	20.00%	35.5%
18th	China	20.44%	0.2%
19th	Bahamas, The	20.79%	-3.3%
20th	Suriname	21.64%	29.0%
21st	Lithuania	21.70%	-
22nd	Paraguay	22.14%	23.2%
23rd	Slovenia	22.82%	3.3%
24th	Croatia	23.33%	-
25th	Norway	23.57%	-8.5%
26th	Australia	23.70%	-8.5%
27th	Haiti	24.01%	-8.5%
28th	Kuwait	25.62%	5.6%
29th	El Salvador	25.65%	-7.7%
30th	Colombia	27.45%	8.7%
31st	Vanuatu	28.05%	22.2%
32nd	St. Lucia	29.08%	9.2%
33rd	Iran, Islamic Republic of	29.63%	-4.0%
34th	Oman	30.93%	48.9%
35th	Malaysia	33.64%	13.6%
36th	Slovak Republic	33.85%	3.1%
37th	Argentina	34.15%	7.8%
38th	New Zealand	34.48%	-0.5%
39th	Bhutan	36.40%	10.4%
40th	Cambodia	37.16%	18.3%
41st	Ghana	37.59%	-16.7%
42nd	Fiji	37.92%	-30.3%
43rd	Kenya	38.50%	-
44th	Poland	38.56%	-9.4%
45th	Maldives	39.26%	3.0%
46th	Solomon Islands	39.49%	52.3%
47th	Mexico	39.71%	1.5%
48th	St. Vincent and the Grenadines	39.85%	1.3%
49th	Grenada	40.27%	-2.8%
50th	Costa Rica	40.69%	33.2%
51st	Aruba	41.04%	-19.6%
52nd	United Kingdom	41.97%	-4.9%
53rd	Micronesia, Federated States of	42.13%	-10.7%
54th	Iceland	43.27%	-15.2%
55th	Trinidad and Tobago	43.40%	-6.7%
56th	Uganda	45.09%	2.0%
57th	Armenia	45.20%	-2.8%
58th	Papua New Guinea	45.73%	4.1%
59th	Ukraine	46.54%	61.1%
60th	Finland	46.84%	-10.3%
61st	Thailand	49.88%	23.3%
62nd	Barbados	49.91%	-9.1%
63rd	Philippines	50.77%	-10.8%
64th	Ireland	51.41%	-16.5%
65th	Benin	53.57%	-
66th	Pakistan	53.82%	2.0%
67th	Bosnia and Herzegovina	54.40%	-
68th	Cyprus	54.99%	2.8%
69th	Portugal	55.62%	-5.3%
70th	Switzerland	55.94%	4.2%
71st	Dominica	56.27%	17.9%
72nd	Panama	58.12%	-3.4%
73rd	Tunisia	58.19%	-12.7%
74th	Samoa	58.95%	-
75th	Equatorial Guinea	59.23%	28.0%
76th	Germany	59.44%	1.0%
77th	Denmark	60.32%	-6.3%
78th	Hungary	60.42%	-2.9%
79th	Niger	61.28%	-11.3%
80th	France	62.10%	0.2%
81st	Spain	62.36%	-3.0%
82nd	Netherlands	62.68%	-4.6%
83rd	Morocco	64.52%	-5.1%
84th	Sweden	65.40%	-3.4%
85th	Malta	66.36%	9.2%
86th	Bulgaria	67.32%	-
87th	Honduras	67.42%	-4.8%
88th	Cameroon	67.76%	-
89th	Austria	69.20%	9.2%
90th	India	69.28%	0.4%
91st	Comoros	69.36%	-2.1%
92nd	Rwanda	70.10%	-2.9%
93rd	Albania	71.18%	-1.4%
94th	Cabo Verde	72.94%	-8.0%
95th	Egypt, Arab Republic of	73.82%	-
96th	Sri Lanka	74.24%	5.8%
97th	Côte d'Ivoire	75.16%	-10.7%
98th	Guinea	75.94%	11.9%
99th	Qatar	76.57%	40.8%
100th	St. Kitts and Nevis	79.03%	17.6%
101st	Lesotho	79.42%	20.9%
102nd	Algeria	79.89%	0.4%
103rd	Turkmenistan	81.61%	27.2%
104th	Singapore	84.65%	19.6%
105th	Central African Republic	85.32%	-11.3%
106th	Nicaragua	86.47%	0.1%
107th	Gabon	87.59%	53.6%
108th	Canada	93.29%	-2.1%
109th	Antigua and Barbuda	94.56%	17.3%
110th	Tajikistan	96.57%	-
111th	Jordan	99.75%	1.7%
112th	Greece	100.79%	-1.8%
113th	Saudi Arabia	101.52%	32.4%
114th	Guyana	108.04%	6.6%
115th	Madagascar	108.46%	20.9%
116th	Guinea-Bissau	109.10%	15.7%
117th	Italy	113.89%	-2.2%
118th	Japan	116.02%	10.5%
119th	Belgium	119.19%	-4.1%
120th	Russian Federation	135.19%	162.4%
121st	Syrian Arab Republic	151.23%	2.4%
122nd	Moldova	159.41%	79.0%
123rd	Seychelles	161.24%	12.7%
124th	Sudan	179.67%	7.2%
125th	Myanmar	208.64%	-

FAQ

What was Australia's government debt to gdp in 1998?▾

Australia's government debt to gdp in 1998 was 23.70%. This ranked 26th globally.

How did Australia's government debt to gdp change in 1998?▾

Australia's government debt to gdp decreased by 8.5% in 1998 compared to 1997.

Which country had the highest government debt to gdp in 1998?▾

Myanmar had the highest government debt to gdp in 1998 at 208.64%.

What is the government debt to gdp of Australia in 1998?▾

The government debt to gdp of Australia in 1998 was 23.70%. This ranked 26th globally.

How does 1998 compare to 1997 for Australia's government debt to gdp?▾

Australia's government debt to gdp went from 25.91% in 1997 to 23.70% in 1998, a 8.5% decrease.

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