Interest payments on government debt reached AUD 17.8 bil in 2020 in Australia, according to the National Statistical Office. This is 1.11% less than in the previous year.
Historically, interest payments on government debt in Australia reached an all time high of AUD 18.0 bil in 2019 and an all time low of AUD 0.613 bil in 1972.
Australia has been ranked 60th within the group of 111 countries we follow in terms of interest payments on government debt.
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