Australia vs Finland: Central government debt, total
Central government debt, total over time
- Australia
- Finland
How they compare
Finland currently reports 58.3% against 57.9% in Australia, a difference of 0.4%.
The two have swapped places 1 time across 5 shared years of data; in 1990 it was Australia ahead.
Australia ranks 35th and Finland ranks 34th of 83 countries.
Finland has averaged higher in every one of the 1 decades both report.
Frequently asked questions
- Which has higher central government debt, total, Australia or Finland?
- Finland, at 58.3% against 57.9% in Australia as of 1994.
- What is the difference in central government debt, total between Australia and Finland?
- 0.4%, with Finland ahead.
- How many years of comparable data are there for Australia and Finland?
- 5 years are reported by both, from 1990 to 1994.
- How do Australia and Finland rank globally for central government debt, total?
- Australia ranks 35th and Finland ranks 34th of 83 countries.
- Where does this data come from?
- Government Finance Statistics Yearbook and data files, International Monetary Fund (IMF), published as Central government debt, total (% of GDP). Statizoid refreshes it automatically from the source and publishes the full history for both places.
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About this data
Debt is the entire stock of direct government fixed-term contractual obligations to others outstanding on a particular date. It includes domestic and foreign liabilities such as currency and money deposits, securities other than shares, and loans. It is the gross amount of government liabilities reduced by the amount of equity and financial derivatives held by the government. Because debt is a stock rather than a flow, it is measured as of a given date, usually the last day of the fiscal year. Central government is the part of general government that includes all administrative departments of the national executive, legislative, and judicial functions, other central agencies and those non-market producers controlled by the central government, whose competence extends normally over the whole economic territory. This indicator is expressed as a percentage of Gross Domestic Product (GDP) which is the total income earned through the production of goods and services in an economic territory during an accounting period.