Chart 4
Government net financial liabilities as a percentage of gross domestic product

% 10 20 30 40 50 60 70 80 II 1993 II 1995 II 1997 II 1999 II 2001 II 2003 II 2005 II 2007 II 2009 II 2011 II 2013 II 2015 II 2017 II 2019 II 2021 II 2023 Federal governmentFederal government Other levels of governmentOther levels of government
Source(s):

Chart description


This is a line chart.

Government net financial liabilities as a percentage of gross domestic product, %
  Federal government Other levels of government
Second quarter 1993 64.0 25.3
Third quarter 1993 64.6 26.1
Fourth quarter 1993 64.9 25.9
First quarter 1994 66.0 27.2
Second quarter 1994 66.4 28.3
Third quarter 1994 66.2 27.7
Fourth quarter 1994 66.1 28.2
First quarter 1995 66.9 28.7
Second quarter 1995 66.7 28.4
Third quarter 1995 66.3 27.8
Fourth quarter 1995 67.5 27.4
First quarter 1996 68.1 27.7
Second quarter 1996 68.0 27.8
Third quarter 1996 67.6 27.2
Fourth quarter 1996 66.9 26.4
First quarter 1997 66.4 26.4
Second quarter 1997 65.0 25.9
Third quarter 1997 63.9 25.0
Fourth quarter 1997 62.8 25.2
First quarter 1998 62.1 24.4
Second quarter 1998 61.1 24.9
Third quarter 1998 60.1 26.5
Fourth quarter 1998 59.4 26.0
First quarter 1999 59.2 25.4
Second quarter 1999 58.2 24.6
Third quarter 1999 56.5 24.2
Fourth quarter 1999 54.9 22.8
First quarter 2000 53.0 21.9
Second quarter 2000 51.0 21.1
Third quarter 2000 49.4 20.3
Fourth quarter 2000 47.7 20.5
First quarter 2001 46.5 21.0
Second quarter 2001 44.8 21.0
Third quarter 2001 44.1 22.0
Fourth quarter 2001 44.3 21.6
First quarter 2002 44.9 22.1
Second quarter 2002 44.0 22.8
Third quarter 2002 42.8 23.5
Fourth quarter 2002 41.7 23.2
First quarter 2003 41.3 23.2
Second quarter 2003 41.1 22.4
Third quarter 2003 40.4 22.2
Fourth quarter 2003 39.6 21.9
First quarter 2004 39.8 21.8
Second quarter 2004 38.8 22.1
Third quarter 2004 37.7 21.4
Fourth quarter 2004 36.5 21.1
First quarter 2005 36.6 20.2
Second quarter 2005 35.8 19.6
Third quarter 2005 35.2 18.5
Fourth quarter 2005 34.4 18.0
First quarter 2006 34.3 17.8
Second quarter 2006 33.4 17.9
Third quarter 2006 32.9 17.0
Fourth quarter 2006 32.0 16.7
First quarter 2007 31.8 16.6
Second quarter 2007 31.2 16.2
Third quarter 2007 30.4 16.0
Fourth quarter 2007 29.7 16.1
First quarter 2008 29.3 16.6
Second quarter 2008 28.6 16.0
Third quarter 2008 27.8 16.1
Fourth quarter 2008 28.1 18.2
First quarter 2009 29.7 19.6
Second quarter 2009 30.9 20.5
Third quarter 2009 31.0 21.8
Fourth quarter 2009 31.3 23.2
First quarter 2010 32.0 24.0
Second quarter 2010 31.6 24.2
Third quarter 2010 31.5 24.7
Fourth quarter 2010 31.4 25.3
First quarter 2011 31.7 25.1
Second quarter 2011 31.4 26.0
Third quarter 2011 31.2 26.4
Fourth quarter 2011 31.1 27.1
First quarter 2012 32.1 26.6
Second quarter 2012 31.8 26.6
Third quarter 2012 31.8 26.6
Fourth quarter 2012 31.6 27.2
First quarter 2013 31.9 26.4
Second quarter 2013 31.5 25.8
Third quarter 2013 30.9 24.8
Fourth quarter 2013 30.7 24.6
First quarter 2014 29.2 23.9
Second quarter 2014 28.1 23.7
Third quarter 2014 27.6 23.2
Fourth quarter 2014 28.2 23.6
First quarter 2015 28.0 22.8
Second quarter 2015 27.6 22.8
Third quarter 2015 27.6 22.3
Fourth quarter 2015 28.0 22.5
First quarter 2016 28.3 23.5
Second quarter 2016 28.8 22.6
Third quarter 2016 29.1 22.5
Fourth quarter 2016 29.1 22.7
First quarter 2017 29.3 21.8
Second quarter 2017 28.4 20.4
Third quarter 2017 27.9 19.9
Fourth quarter 2017 27.6 19.8
First quarter 2018 27.4 19.9
Second quarter 2018 26.9 19.1
Third quarter 2018 26.3 19.1
Fourth quarter 2018 26.3 19.9
First quarter 2019 26.5 20.0
Second quarter 2019 26.6 19.1
Third quarter 2019 26.5 19.3
Fourth quarter 2019 26.5 19.4
First quarter 2020 27.8 20.4
Second quarter 2020 32.4 22.3
Third quarter 2020 35.4 21.4
Fourth quarter 2020 36.2 22.2
First quarter 2021 37.5 22.8
Second quarter 2021 37.0 21.0
Third quarter 2021 37.5 19.5
Fourth quarter 2021 36.6 18.2
First quarter 2022 34.9 18.8
Second quarter 2022 34.7 17.5
Third quarter 2022 33.6 16.0
Fourth quarter 2022 33.2 16.3
First quarter 2023 32.8 17.1
Second quarter 2023 33.1 16.0
Source(s):
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