As of June 2024, the total outstanding value of debt securities issued by the Australian government amounted to almost 907 billion Australian dollars. While a seemingly large amount - and a figure that has grown more than 20-fold since 2003 - when considered in terms of the ratio between debt and GDP Australia actually has one of the lowest debt levels of any developed country in the world.
Outstanding value of bonds issued by the Australian government from 2003 to 2024, by type
(in billion Australian dollars)
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AOFM. (August 21, 2024). Outstanding value of bonds issued by the Australian government from 2003 to 2024, by type (in billion Australian dollars) [Graph]. In Statista. Retrieved October 31, 2024, from https://www.statista.com/statistics/1275343/australian-government-bonds-outstanding-type/
AOFM. "Outstanding value of bonds issued by the Australian government from 2003 to 2024, by type (in billion Australian dollars)." Chart. August 21, 2024. Statista. Accessed October 31, 2024. https://www.statista.com/statistics/1275343/australian-government-bonds-outstanding-type/
AOFM. (2024). Outstanding value of bonds issued by the Australian government from 2003 to 2024, by type (in billion Australian dollars). Statista. Statista Inc.. Accessed: October 31, 2024. https://www.statista.com/statistics/1275343/australian-government-bonds-outstanding-type/
AOFM. "Outstanding Value of Bonds Issued by The Australian Government from 2003 to 2024, by Type (in Billion Australian Dollars)." Statista, Statista Inc., 21 Aug 2024, https://www.statista.com/statistics/1275343/australian-government-bonds-outstanding-type/
AOFM, Outstanding value of bonds issued by the Australian government from 2003 to 2024, by type (in billion Australian dollars) Statista, https://www.statista.com/statistics/1275343/australian-government-bonds-outstanding-type/ (last visited October 31, 2024)
Outstanding value of bonds issued by the Australian government from 2003 to 2024, by type (in billion Australian dollars) [Graph], AOFM, August 21, 2024. [Online]. Available: https://www.statista.com/statistics/1275343/australian-government-bonds-outstanding-type/