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Asia-Pacific · Country assessment
AU

Australia.

Moderate public debt and strong institutions support resilience. Household financing costs and affordability remain important vulnerabilities.

IMF October 2026 vintage · 2026 estimates / projections · Assessment date: 25 October 2026
Pension obligations / GDP
Not comparable
No full national liability on the comparison basis.
Interest rate
4.60%
Central bank policy rate
BIS observation: 2026-10-15
My economic rating
77out of 100
Sound
Growth
56
Public debt
77
Price stability
76
Employment
88
Government effectiveness
88

Each dimension has a 20% weight. This comparison score measures selected conditions; it is not a sovereign credit rating.

My pension system rating
5.0 / 5

Compulsory funded superannuation and a public safety net support the highest rating. Housing and work histories still affect retirement outcomes.

External benchmark: 2026 Marsh CFA index (external source) · A · 80.6/100.

Assessment confidence: Medium. The author rating is distinct from the external benchmark.

What the pension figure means.

N/C means that a full national measure on the Eurostat basis was not established. It does not mean zero pension obligations.

The 2023 PSS/CSS actuarial report projects a peak A$190.5 billion unfunded liability in 2033–34. This covers two closed civilian schemes, not the national pension system.

Read the pension evidence and definitions. (external source)

Protest and riot risk.

Disruptive protests / strikesModerate
Riot / violent crowd disorderLow

Housing affordability and public policy disputes could generate demonstrations. Violent disorder is a lower baseline risk.

The horizon is the next 12 months. These are qualitative author assessments, with medium confidence.

Country-specific official safety evidence (external source) provides context on demonstrations and disruption. Its overall travel rating is not used as a riot score.

World Bank 2025 context: political stability 79.3/100; voice and accountability 83.7/100. These indicators do not predict protests.

Potential triggers above are scenarios, except where an official source explicitly reports an event. Peaceful protest is not violence.

The economic path.

One IMF vintage keeps revisions and projections consistent.

Real GDP growth

WEO series · 2026–27 are projections2024: 1.0%, 2025: 2.0%, 2026: 1.9%, 2027: 1.6%2024202520262027

1.0% in 2024 · 1.6% in 2027

Average CPI inflation

WEO series · 2026–27 are projections2024: 3.2%, 2025: 2.8%, 2026: 3.9%, 2027: 3.1%2024202520262027

3.2% in 2024 · 3.1% in 2027

Government debt / GDP

WEO series · 2026–27 are projections2024: 50.9%, 2025: 51.9%, 2026: 52.6%, 2027: 53.2%2024202520262027

50.9% in 2024 · 53.2% in 2027

Annual macroeconomic series for Australia
Year / statusDebt / GDPGDP growthInflationUnemployment
2024Historical WEO series50.9%1.0%3.2%4.0%
2025Historical WEO series51.9%2.0%2.8%4.2%
2026Estimate / projection52.6%1.9%3.9%4.4%
2027Estimate / projection53.2%1.6%3.1%4.7%

Historical values can include IMF estimates. India follows the IMF fiscal-year convention. Source-specific definitions limit cross-country precision.

Sources and exact series.

IMF · General government gross debt (external source)

GGXWDG_NGDP · AUS · October 2026 vintage · 2026 estimate / projection. Raw JSON is saved in the report’s sources folder.

Accessed 25 October 2026.
IMF · Real GDP growth (external source)

NGDP_RPCH · AUS · October 2026 vintage · 2026 estimate / projection. Raw JSON is saved in the report’s sources folder.

Accessed 25 October 2026.
IMF · Inflation rate, average consumer prices (external source)

PCPIPCH · AUS · October 2026 vintage · 2026 estimate / projection. Raw JSON is saved in the report’s sources folder.

Accessed 25 October 2026.
IMF · Unemployment rate (external source)

LUR · AUS · October 2026 vintage · 2026 estimate / projection. Raw JSON is saved in the report’s sources folder.

Accessed 25 October 2026.
BIS · Interest rate (external source)

From 2 Aug 1990 onwards: cash rate target; from 23 Jan 1990 to 1 Aug 1990: middle of the cash rate target range; from 7 Apr 1976 to 22 Jan 1990: interbank overnight cash rate. Source institution: Reserve Bank of Australia.

Accessed 25 October 2026.
Pension obligations and local funding evidence (external source)

Eurostat key where available: A.PC_GDP.S13PU.F63_LE.AU. Values retain their own reference year.

Accessed 25 October 2026.
World Bank · Governance context (external source)

2025 observations: GOV_WGI_GE_SC, GOV_WGI_PV_SC, and GOV_WGI_VA_SC. The economic formula uses effectiveness only.

Accessed 25 October 2026.
Official country guidance · Demonstrations (external source)

The report uses country-specific discussion of demonstrations. Generic warnings alone do not establish the likelihood of riots.

Accessed 25 October 2026.
2026 Marsh CFA Institute Global Pension Index (external source)

External retirement-system benchmark, published 20 October 2026. The report preserves its score separately from the author rating.

Accessed 25 October 2026.