What was Australia's foreign debt as a percentage of GDP in 1990?

The correct percentage of Australia's foreign debt as a portion of GDP in 1990 is 35%. During this period, Australia experienced significant economic changes, including the accumulation of foreign debt, which influenced various aspects of economic policy and analysis. The figure of 35% reflects the proportion of the nation’s foreign liabilities compared to its gross domestic output, providing insight into the country’s reliance on external borrowing at that time.

Understanding this percentage is crucial as it sets a historical benchmark for evaluating later trends in Australia's foreign debt levels, allowing for comparisons with other periods of time, particularly in the context of economic reforms and shifts in global financial markets. This data signifies how countries manage foreign debt in relation to their economic size, which is an essential consideration for investors, policymakers, and economic analysts.