Interest payments on government debt as a share of government revenue reached 3.49% in 2020 in Australia, according to the National Statistical Office. This is 0.168% less than in the previous year.
Historically, interest payments on government debt as a share of government revenue in Australia reached an all time high of 10.7% in 1986 and an all time low of 1.34% in 2008.
Australia has been ranked 80th within the group of 110 countries we follow in terms of interest payments on government debt as a share of government revenue.
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