Argentina vs Australia

Argentina vs Australia: Government debt

Government debt in 2025: 80.1% of GDP in Argentina and 51.9% of GDP in Australia, by IMF estimates. In 2025 the value was higher in Argentina, by 28.2 percentage points, or 1.54 times that in Australia.

% of GDP · IMF

Argentina vs Australia: Government debtGovernment debt in 2025: 80.1% of GDP in Argentina and 51.9% of GDP in Australia, by IMF estimates. In 2025 the value was higher in Argentina, by 28.2 percentage points, or 1.54 times that in Australia.
ArgentinaAustraliaIMF projection (World Economic Outlook, October 2026)

What the numbers say

  • Argentina has been higher since 1996, when it overtook Australia.
  • In 2025, Argentina ranked 32 and Australia ranked 79 of 149 countries, counting from the highest.
  • The IMF projection (World Economic Outlook, October 2026) puts Argentina at 53.9% of GDP and Australia at 54.3% of GDP in 2031.

Every year

% of GDP · IMF

YearArgentinaAustralia
202580.151.9
202484.650.9
2023153.449.4
202284.350
20218155.4
2020103.856.9
201989.846.5
201885.341.6
20175741
201653.140.5
201552.637.6
201444.733.9
201343.530.3
201240.427.4
201138.924
201043.520.3
200955.416.6
200853.811.7
200762.19.6
200670.89.9
200580.310.8
2004117.911.9
2003125.213.2
2002147.215
20014817.1
200040.819.5
199938.922.5
199834.223.7
199731.725.9
199632.629.3
199530.831.1
199428.431.7
199326.930.6
19922527.6
1991–21.6
1990–16.4
1989–17
IMF projection (World Economic Outlook, October 2026) · 2026–2031
YearArgentinaAustralia
202669.452.6
202770.453.2
202865.653.7
202960.354.1
203056.754.3
203153.954.3

Each country on its own

Good to know

  • What the government owes, as a share of the economy’s yearly output.
  • Source: IMF, World Economic Outlook, October 2026.
  • The dashed line is the IMF projection (World Economic Outlook, October 2026), a scenario rather than a forecast.
  • Ranks count the 149 countries with a value in 2025, highest first.

How the layers work, where their data comes from and what they can’t tell you: Countries through time

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