Australia vs Germany

Australia vs Germany: Government debt

Government debt in 2025: 51.9% of GDP in Australia and 62.7% of GDP in Germany, by IMF estimates. In 2025 the value was higher in Germany, by 10.8 percentage points, or 1.21 times that in Australia.

% of GDP · IMF

Australia vs Germany: Government debtGovernment debt in 2025: 51.9% of GDP in Australia and 62.7% of GDP in Germany, by IMF estimates. In 2025 the value was higher in Germany, by 10.8 percentage points, or 1.21 times that in Australia.
AustraliaGermanyIMF projection (World Economic Outlook, October 2026)

What the numbers say

  • Germany has been higher in every year both have figures for since 1991.
  • In 2025, Australia ranked 79 and Germany ranked 51 of 149 countries, counting from the highest.
  • The IMF projection (World Economic Outlook, October 2026) puts Australia at 54.3% of GDP and Germany at 75.6% of GDP in 2031.

Every year

% of GDP · IMF

YearAustraliaGermany
202551.962.7
202450.961.4
202349.461.8
20225064.1
202155.467.4
202056.967.5
201946.558.4
201841.660.5
20174163.7
201640.568.1
201537.671
201433.974.4
201330.377.4
201227.479.8
20112478.5
201020.381
200916.672.4
200811.765.2
20079.663.7
20069.966.4
200510.867.1
200411.965
200313.263.3
20021559.8
200117.158.1
200019.559.2
199922.560.4
199823.759.4
199725.958.8
199629.357.7
199531.154.9
199431.747.5
199330.645.1
199227.641.4
199121.639
199016.4–
198917–
IMF projection (World Economic Outlook, October 2026) · 2026–2031
YearAustraliaGermany
202652.664.6
202753.267
202853.769.3
202954.171.5
203054.373.6
203154.375.6

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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