Australia vs Luxembourg: Gross public sector debt as a share of gross domestic product
Australia
34.5%
in 2024
Luxembourg
24.4%
in 2024
Australia rank
40th
Luxembourg rank
43rd
Gross public sector debt as a share of gross domestic product over time
- Australia
- Luxembourg
How they compare
Australia currently reports 34.5% against 24.4% in Luxembourg, a difference of 10.1%.
That makes Australia's figure about 1.4 times Luxembourg's.
The two have swapped places 2 times across 25 shared years of data; in 2000 it was Australia ahead.
Australia ranks 40th and Luxembourg ranks 43rd of 49 countries.
Across the 3 decades both report, Australia averaged higher in 2 and Luxembourg in 1.
Head to head by decade
| Decade | Australia | Luxembourg | Difference | Ahead |
|---|---|---|---|---|
| 2000s | 7.4% | 7.4% | 0.1% | Luxembourg |
| 2010s | 22.8% | 19.2% | 3.6% | Australia |
| 2020s | 37.4% | 23.6% | 13.8% | Australia |
Averages of every year both report within each decade.
Frequently asked questions
- Which has higher gross public sector debt as a share of gross domestic product, Australia or Luxembourg?
- Australia, at 34.5% against 24.4% in Luxembourg as of 2024.
- What is the difference in gross public sector debt as a share of gross domestic product between Australia and Luxembourg?
- 10.1%, with Australia ahead.
- How many years of comparable data are there for Australia and Luxembourg?
- 25 years are reported by both, from 2000 to 2024.
- How do Australia and Luxembourg rank globally for gross public sector debt as a share of gross domestic product?
- Australia ranks 40th and Luxembourg ranks 43rd of 49 countries.
- Where does this data come from?
- World Bank – processed by Our World in Data, published as Gross public sector debt as a share of gross domestic product. Statizoid refreshes it automatically from the source and publishes the full history for both places.
Individual pages
About this data
Gross public sector debt, Central Government, as a proportion of GDP (%).