Australia
AUSEast Asia & PacificHigh incomeCapital: Canberra▶About Australia
Australia's GDP is $1.95T (2026), with a population of 27.2M, and GDP per capita of $69,358. Key indicators include real GDP growth of 2.1%, inflation at 3.0%, unemployment at 4.3%, government debt at 50.7% of GDP, life expectancy of 83.1 years. Data sourced from the IMF World Economic Outlook and World Bank World Development Indicators.
Situated in the East Asia & Pacific region, this high-income economy ranks 14th globally by GDP, with an estimated $1.95 trillion in 2026. The economy is characterized by a GDP per capita of $69,000 and a real GDP growth rate of 2.1% in 2026. Inflation is projected at 3.0%, while the unemployment rate is 4.3%. The economy is notably open to trade, with trade accounting for 47.1% of GDP in 2024. Foreign direct investment inflows constitute 3.0% of GDP, reflecting a moderate level of international investment engagement. With a population of 27.2 million in 2024, this country boasts a life expectancy at birth of 83.1 years, indicating robust health outcomes. The fertility rate stands at 1.5 births per woman, reflecting a low-replacement demographic trend. Health spending is substantial, at 10.4% of GDP in 2023. The Gini Index of 33.8 in 2020 highlights moderate income inequality. The unemployment rate was 4.1% in 2025, suggesting a relatively stable labor market. The GNI per capita was $63,000 in 2024, underscoring the high standard of living.
▶Economy30 indicators · 2021–2027 · IMF / WB
▶Stock Markets1 indicator · 2026 · WB
| Indicator | Value | Year | Δ YoY | Src |
|---|---|---|---|---|
| S&P/ASX 200 | 8,960.6 | 2026 | ▲ 2.8% | WB |
▶Financial Markets4 indicators · 2025–2026 · WB
| Indicator | Value | Year | Δ YoY | Src |
|---|---|---|---|---|
| 10-Year Government Bond Yield (%) | 4.37% | 2025 | ▲ 3.7% | WB |
| Central Bank Policy Rate (%) | 3.88% | 2025 | ▼ 10.7% | WB |
| Exchange Rate (per USD) | 1.42 | 2026 | — | WB |
| Exchange Rate (per EUR) | 1.75 | 2025 | ▲ 6.8% | WB |
▶Currencies1 indicator · 2026 · WB
| Indicator | Value | Year | Δ YoY | Src |
|---|---|---|---|---|
| AUD/USD | 0.7062 | 2026 | ▲ 5.4% | WB |
▶Fiscal & Monetary19 indicators · 2022–2027 · IMF / WB
| Indicator | Value | Year | Δ YoY | Src |
|---|---|---|---|---|
| Inflation, Consumer Prices (%) | 2.6% | 2027 | ▼ 13.3% | IMF |
| Govt Gross Debt (% of GDP) | 50.5% | 2027 | ▼ 0.4% | IMF |
| Fiscal Balance (% of GDP) | -1.9% | 2027 | ▲ 17.4% | IMF |
| Current Account Balance (% of GDP) | -1.9% | 2027 | ▼ 11.8% | IMF |
| Unemployment Rate (%) | 4.3% | 2027 | ▲ 0.0% | IMF |
| Inflation, CPI (%, World Bank) | 3.2% | 2024 | ▼ 43.5% | WB |
| Government Debt (% of GDP) | 57.9% | 2022 | ▼ 17.1% | WB |
| Government Revenue (% of GDP) | 26.1% | 2022 | ▲ 2.0% | WB |
| Government Expenditure (% of GDP) | 27.6% | 2022 | ▼ 15.3% | WB |
| Tax Revenue (% of GDP) | 23.6% | 2022 | ▲ 2.4% | WB |
| Taxes on Goods & Services (% of revenue) | 17.8% | 2022 | ▼ 11.2% | WB |
| Taxes on International Trade (% of revenue) | 2.7% | 2022 | ▼ 17.9% | WB |
| Taxes on Income, Profits & Capital Gains (% of rev) | 67.9% | 2022 | ▲ 5.3% | WB |
| Net Investment in Nonfinancial Assets (% of GDP) | 0.8% | 2022 | ▼ 8.0% | WB |
| Total Reserves incl. Gold (USD) | $60.40B | 2024 | ▼ 2.1% | WB |
| Total Reserves (months of imports) | 1.4 | 2024 | ▼ 5.0% | WB |
| Official Exchange Rate (per USD) | 1.52 | 2024 | ▲ 0.7% | WB |
| PPP Conversion Factor | 1.37 | 2024 | ▲ 2.2% | WB |
| Broad Money (% of GDP) | 129.4% | 2024 | ▲ 2.5% | WB |
▶Trade15 indicators · 2024 · WB
| Indicator | Value | Year | Δ YoY | Src |
|---|---|---|---|---|
| Trade (% of GDP) | 47.1% | 2024 | ▼ 3.9% | WB |
| Exports of Goods & Services (% of GDP) | 24.6% | 2024 | ▼ 7.8% | WB |
| Imports of Goods & Services (% of GDP) | 22.5% | 2024 | ▲ 0.8% | WB |
| Exports of Goods & Services (USD) | $432.61B | 2024 | ▼ 6.6% | WB |
| Imports of Goods & Services (USD) | $395.75B | 2024 | ▲ 2.1% | WB |
| Merchandise Exports (USD) | $340.83B | 2024 | ▼ 8.2% | WB |
| Merchandise Imports (USD) | $296.34B | 2024 | ▲ 3.1% | WB |
| FDI Inflows (% of GDP) | 3.0% | 2024 | ▲ 49.2% | WB |
| FDI Outflows (% of GDP) | 0.8% | 2024 | ▲ 2.9% | WB |
| FDI Net Inflows (USD) | $53.39B | 2024 | ▲ 51.2% | WB |
| Personal Remittances Received (USD) | $1.77B | 2024 | ▲ 9.6% | WB |
| Personal Remittances Received (% of GDP) | 0.1% | 2024 | ▲ 8.2% | WB |
| High-Tech Exports (% of manufactured) | 25.2% | 2024 | ▼ 0.4% | WB |
| Current Account Balance (% of GDP) | -2.0% | 2024 | ▼ 745.1% | WB |
| Current Account Balance (USD) | $-34.76B | 2024 | ▼ 756.1% | WB |
▶Finance10 indicators · 2022–2024 · WB
| Indicator | Value | Year | Δ YoY | Src |
|---|---|---|---|---|
| Domestic Credit to Private Sector (% of GDP) | 129.3% | 2024 | ▲ 1.9% | WB |
| Stock Market Capitalization (% of GDP) | 98.9% | 2024 | ▼ 4.1% | WB |
| Stock Market Capitalization (USD) | $1.74T | 2024 | ▼ 2.9% | WB |
| Stock Market Turnover (% of GDP) | 48.1% | 2024 | ▼ 7.1% | WB |
| Listed Domestic Companies | 1,853 | 2024 | ▼ 3.2% | WB |
| Bank Capital to Assets Ratio (%) | 5.9% | 2022 | ▼ 4.9% | WB |
| Bank Nonperforming Loans (%) | 0.7% | 2022 | ▼ 20.9% | WB |
| Account Ownership at Financial Institution (%) | 98.0% | 2024 | ▼ 1.3% | WB |
| Account Ownership, Female (%) | 97.7% | 2024 | ▼ 2.3% | WB |
| Account Ownership, Male (%) | 98.3% | 2024 | ▼ 0.3% | WB |
▶People23 indicators · 2021–2025 · WB
| Indicator | Value | Year | Δ YoY | Src |
|---|---|---|---|---|
| Population | 27.2M | 2024 | ▲ 2.0% | WB |
| Population Growth (%) | 2.0% | 2024 | ▼ 18.1% | WB |
| Population Density (per km²) | 3 | 2023 | ▲ 2.5% | WB |
| Surface Area (sq km) | 7.7M | 2023 | ▲ 0.0% | WB |
| Land Area (sq km) | 7.7M | 2023 | ▲ 0.0% | WB |
| Urban Population (%) | 87.6% | 2024 | ▲ 0.1% | WB |
| Urban Population (total) | 23.8M | 2024 | ▲ 2.1% | WB |
| Rural Population (%) | 12.4% | 2024 | ▼ 0.9% | WB |
| Life Expectancy at Birth | 83.1 years | 2023 | ▼ 0.2% | WB |
| Life Expectancy, Male | 81.1 years | 2023 | ▼ 0.1% | WB |
| Life Expectancy, Female | 85.1 years | 2023 | ▼ 0.2% | WB |
| Fertility Rate (births per woman) | 1.5 | 2023 | ▼ 8.0% | WB |
| Birth Rate (per 1,000) | 10.8 | 2023 | ▼ 6.9% | WB |
| Death Rate (per 1,000) | 6.9 | 2023 | ▼ 5.5% | WB |
| Net Migration | 137,109 | 2025 | ▼ 1.0% | WB |
| Population Ages 0–14 (%) | 17.8% | 2024 | ▼ 1.0% | WB |
| Population Ages 15–64 (%) | 64.4% | 2024 | ▼ 0.2% | WB |
| Population Ages 65+ (%) | 17.7% | 2024 | ▲ 2.0% | WB |
| Age Dependency Ratio (%) | 55.2% | 2024 | ▲ 0.7% | WB |
| Old-Age Dependency Ratio (%) | 27.5% | 2024 | ▲ 2.2% | WB |
| Youth Dependency Ratio (%) | 27.7% | 2024 | ▼ 0.8% | WB |
| Mortality Rate, Adult Male (per 1,000) | 72.6 | 2021 | ▼ 0.5% | WB |
| Mortality Rate, Adult Female (per 1,000) | 41.6 | 2021 | — | WB |
▶Labor19 indicators · 2024–2025 · WB
| Indicator | Value | Year | Δ YoY | Src |
|---|---|---|---|---|
| Total Labor Force | 15.0M | 2025 | ▲ 0.8% | WB |
| Labor Force Participation (%) | 66.5% | 2025 | ▼ 0.3% | WB |
| Female Labor Force Participation (%) | 62.5% | 2025 | ▼ 0.2% | WB |
| Male Labor Force Participation (%) | 70.7% | 2025 | ▼ 0.3% | WB |
| Unemployment (%) | 4.1% | 2025 | ▲ 3.8% | WB |
| Female Unemployment (%) | 4.0% | 2025 | ▲ 5.8% | WB |
| Male Unemployment (%) | 4.1% | 2025 | ▲ 2.0% | WB |
| Youth Unemployment (%) | 9.6% | 2025 | ▲ 2.1% | WB |
| Employment in Agriculture (%) | 2.2% | 2025 | ▼ 2.4% | WB |
| Employment in Industry (%) | 19.3% | 2025 | ▼ 0.3% | WB |
| Employment in Services (%) | 78.5% | 2025 | ▲ 0.2% | WB |
| Self-Employed (%) | 67.1% | 2024 | ▼ 0.2% | WB |
| Vulnerable Employment (%) | 9.1% | 2025 | ▼ 0.7% | WB |
| Wage & Salaried Workers (% of total) | 83.9% | 2025 | ▲ 0.1% | WB |
| Employers (% of total employment) | 7.0% | 2025 | ▼ 0.7% | WB |
| Labor Force, Female (% of total) | 47.7% | 2025 | ▲ 0.0% | WB |
| Employment to Population Ratio (%) | 63.8% | 2025 | ▼ 0.4% | WB |
| Self-Employed (% of total) | 16.1% | 2025 | ▼ 0.7% | WB |
| NEET Youth (% not in education/employment) | 8.5% | 2024 | ▲ 7.8% | WB |
▶Education10 indicators · 2016–2023 · WB
| Indicator | Value | Year | Δ YoY | Src |
|---|---|---|---|---|
| Education Spending (% of GDP) | 5.1% | 2022 | ▼ 5.3% | WB |
| Education Spending (% of govt expenditure) | 12.7% | 2022 | ▲ 4.5% | WB |
| Primary School Enrollment (%) | 99.4% | 2023 | ▲ 0.2% | WB |
| Secondary School Enrollment (%) | 134.1% | 2023 | ▲ 0.6% | WB |
| Tertiary School Enrollment (%) | 104.6% | 2023 | ▼ 1.5% | WB |
| Out-of-School Children, Primary | 4,719 | 2023 | ▼ 29.8% | WB |
| Out-of-School Girls, Primary | 1,110 | 2023 | ▼ 46.7% | WB |
| Expenditure per Student, Primary (% of GDP/cap) | 33.0% | 2016 | — | WB |
| Education Spending, Secondary (% of govt) | 31.3% | 2016 | — | WB |
| Education Spending, Tertiary (% of govt) | 26.8% | 2016 | — | WB |
▶Health37 indicators · 2007–2024 · WHO
▶Energy & Environment16 indicators · 2020–2024 · WB / WHO
| Indicator | Value | Year | Δ YoY | Src |
|---|---|---|---|---|
| CO₂ Emissions (tonnes per capita) | 14.1 | 2024 | ▼ 0.4% | WB |
| CO₂ Emissions (total kilotonnes) | 383 | 2024 | ▲ 1.6% | WB |
| Energy Use (kg oil eq. per capita) | 4,928 | 2023 | ▼ 0.3% | WB |
| Electric Power Consumption (kWh per capita) | 9,820 | 2023 | ▼ 1.0% | WB |
| Renewable Electricity Output (%) | 26.7% | 2021 | ▲ 18.0% | WB |
| Renewable Energy Consumption (%) | 12.3% | 2021 | ▲ 9.8% | WB |
| Access to Electricity (%) | 100.0% | 2023 | ▲ 0.0% | WB |
| Access to Clean Fuels for Cooking (%) | 100.0% | 2023 | ▲ 0.0% | WB |
| PM2.5 Air Pollution (µg/m³) | 8.3 | 2020 | — | WB |
| Forest Area (%) | 17.4% | 2023 | ▲ 0.0% | WB |
| Forest Area (sq km) | 1.3M | 2023 | ▲ 0.0% | WB |
| Arable Land (%) | 4.0% | 2023 | ▼ 0.9% | WB |
| Terrestrial Protected Areas (%) | 33.5% | 2024 | ▲ 4.4% | WB |
| Marine Protected Areas (%) | 45.4% | 2024 | ▲ 2.5% | WB |
| Access to Basic Drinking Water (%) | 100.0% | 2024 | ▼ 0.0% | WHO |
| Access to Basic Sanitation (%) | 100.0% | 2024 | ▲ 0.0% | WHO |
▶Agriculture12 indicators · 2022–2023 · WB
| Indicator | Value | Year | Δ YoY | Src |
|---|---|---|---|---|
| Agricultural Land (%) | 47.2% | 2023 | ▼ 0.1% | WB |
| Cereal Yield (kg per hectare) | 3,231 | 2023 | ▲ 12.2% | WB |
| Food Production Index (2014–2016=100) | 112.1 | 2022 | ▲ 4.6% | WB |
| Crop Production Index (2014–2016=100) | 146.1 | 2022 | ▲ 13.2% | WB |
| Livestock Production Index (2014–2016=100) | 87.5 | 2022 | ▼ 0.5% | WB |
| Land Under Cereal Production (hectares) | 18.3M | 2023 | ▼ 6.5% | WB |
| Total Fisheries Production (metric tonnes) | 221,916 | 2023 | ▲ 8.9% | WB |
| Fertilizer Consumption (kg per hectare) | 102.7 | 2023 | ▼ 3.6% | WB |
| Prevalence of Undernourishment (%) | 2.5% | 2023 | ▲ 0.0% | WB |
| Agricultural Irrigated Land (%) | 0.5% | 2023 | ▲ 0.1% | WB |
| Annual Freshwater Withdrawals (% of internal) | 2.4% | 2022 | ▲ 5.1% | WB |
| Cereal Production (metric tons) | 59.0M | 2023 | ▲ 4.9% | WB |
▶Technology12 indicators · 2021–2024 · WB
| Indicator | Value | Year | Δ YoY | Src |
|---|---|---|---|---|
| Internet Users (%) | 97.1% | 2023 | ▲ 0.0% | WB |
| Mobile Subscriptions (per 100 people) | 113 | 2023 | ▲ 2.8% | WB |
| Fixed Broadband Subscriptions (per 100) | 36.6 | 2023 | ▲ 0.6% | WB |
| Secure Internet Servers (per million) | 44,295.2 | 2024 | ▼ 6.9% | WB |
| R&D Spending (% of GDP) | 1.86% | 2021 | — | WB |
| Patent Applications, Residents | 2,966 | 2021 | — | WB |
| Patent Applications, Non-Residents | 29,443 | 2021 | — | WB |
| Scientific Journal Articles | 62,305 | 2022 | ▲ 0.5% | WB |
| High-Technology Exports (USD) | $8.19B | 2024 | ▲ 5.4% | WB |
| ICT Service Exports (% of service exports) | 3.0% | 2024 | ▼ 7.6% | WB |
| ICT Service Exports (USD) | $2.52B | 2024 | ▲ 1.5% | WB |
| Industrial Design Applications, Resident | 2,584 | 2021 | — | WB |
▶Infrastructure8 indicators · 2021–2023 · WB
| Indicator | Value | Year | Δ YoY | Src |
|---|---|---|---|---|
| Air Transport, Passengers Carried | 69.0M | 2023 | ▲ 23.7% | WB |
| Air Transport, Freight (million ton-km) | 1,188.1 | 2023 | ▼ 0.7% | WB |
| Container Port Traffic (TEU) | 9.4M | 2022 | ▲ 1.3% | WB |
| Railways, Passengers (million km) | 9,328 | 2021 | ▼ 38.0% | WB |
| Railways, Goods (million ton-km) | 453,091 | 2021 | ▲ 1.3% | WB |
| Logistics Performance Index (1–5) | 3.70 | 2022 | — | WB |
| Electricity from Oil (%) | 1.8% | 2023 | ▲ 3.2% | WB |
| Electricity from Nuclear (%) | 0.0% | 2021 | — | WB |
▶Gender6 indicators · 2020–2025 · WB
| Indicator | Value | Year | Δ YoY | Src |
|---|---|---|---|---|
| Women in Parliament (%) | 38.0% | 2024 | ▼ 1.1% | WB |
| Female Labor Force Participation, 15+ (%) | 63.1% | 2024 | ▲ 0.4% | WB |
| Female Wage & Salaried Workers (%) | 87.7% | 2025 | ▲ 0.0% | WB |
| Adolescent Fertility Rate (per 1,000) | 6.7 | 2023 | ▼ 0.5% | WB |
| Gender Parity Index, Secondary | 0.96 | 2020 | — | WB |
| Gender Parity in Primary Education | 1.00 | 2020 | — | WB |
▶Governance10 indicators · 2023 · WB
| Indicator | Value | Year | Δ YoY | Src |
|---|---|---|---|---|
| Control of Corruption | 1.78 | 2023 | ▲ 1.0% | WB |
| Government Effectiveness | 1.59 | 2023 | ▲ 4.0% | WB |
| Political Stability | 0.92 | 2023 | ▼ 6.8% | WB |
| Regulatory Quality | 1.94 | 2023 | ▲ 2.5% | WB |
| Rule of Law | 1.52 | 2023 | ▲ 1.0% | WB |
| Voice & Accountability | 1.51 | 2023 | ▲ 13.8% | WB |
| Control of Corruption (percentile rank) | 95.8% | 2023 | ▲ 0.5% | WB |
| Government Effectiveness (percentile rank) | 93.9% | 2023 | ▲ 1.0% | WB |
| Rule of Law (percentile rank) | 92.0% | 2023 | ▲ 1.0% | WB |
| Political Stability (percentile rank) | 79.6% | 2023 | ▼ 4.1% | WB |
▶Military6 indicators · 2020–2024 · WB
| Indicator | Value | Year | Δ YoY | Src |
|---|---|---|---|---|
| Military Spending (% of GDP) | 1.9% | 2024 | ▲ 1.2% | WB |
| Military Expenditure (USD) | $33.82B | 2024 | ▲ 4.4% | WB |
| Armed Forces Personnel | 60,000 | 2020 | — | WB |
| Armed Forces (% of labor force) | 0.4% | 2020 | — | WB |
| Military Spending (% of govt expenditure) | 5.0% | 2024 | ▼ 1.0% | WB |
| Intentional Homicides (per 100,000) | 0.9 | 2023 | ▲ 1.8% | WB |
▶Poverty & Inequality9 indicators · 2020 · WB
| Indicator | Value | Year | Δ YoY | Src |
|---|---|---|---|---|
| Poverty at $2.15/day (%) | 1.0% | 2020 | — | WB |
| Poverty at $3.65/day (%) | 1.0% | 2020 | — | WB |
| Poverty at $6.85/day (%) | 1.5% | 2020 | — | WB |
| Gini Index | 33.8 | 2020 | — | WB |
| Income Share, Top 10% | 25.5% | 2020 | — | WB |
| Income Share, Bottom 10% | 2.7% | 2020 | — | WB |
| Income Share, Top 20% | 41.0% | 2020 | — | WB |
| Income Share, Bottom 20% | 7.3% | 2020 | — | WB |
| Poverty Gap at $2.15/day (%) | 0.6% | 2020 | — | WB |
▶Social Protection4 indicators · 2020 · WB
| Indicator | Value | Year | Δ YoY | Src |
|---|---|---|---|---|
| Human Capital Index (0–1) | 0.77 | 2020 | — | WB |
| Human Capital Index, Female | 0.78 | 2020 | — | WB |
| Human Capital Index, Male | 0.76 | 2020 | — | WB |
| Learning-Adjusted Years of School | 11.2 years | 2020 | — | WB |
▶Tourism6 indicators · 2020 · WB
| Indicator | Value | Year | Δ YoY | Src |
|---|---|---|---|---|
| International Tourism, Arrivals | 1.8M | 2020 | — | WB |
| International Tourism, Departures | 2.8M | 2020 | — | WB |
| Tourism Receipts (USD) | $26.23B | 2020 | — | WB |
| Tourism Expenditures (USD) | $7.65B | 2020 | — | WB |
| Tourism Receipts (% of total exports) | 8.7% | 2020 | — | WB |
| International Tourism, Transport Services (USD) | $567.0M | 2020 | — | WB |
▶Urban Development7 indicators · 2022–2025 · WB / WHO
| Indicator | Value | Year | Δ YoY | Src |
|---|---|---|---|---|
| Urban Population Growth (%) | 2.1% | 2024 | ▼ 18.5% | WB |
| Population in Largest City | 5.4M | 2025 | ▲ 1.4% | WB |
| Population in Largest City (% of urban) | 22.4% | 2025 | ▲ 0.4% | WB |
| Population in Agglomerations >1M (% of total) | 61.1% | 2025 | ▲ 0.4% | WB |
| Population in Slums (% of urban) | 0.0% | 2022 | ▲ 0.0% | WB |
| Rural Population Growth (%) | 1.1% | 2024 | ▼ 12.8% | WB |
| Access to Safely Managed Sanitation (%) | 95.8% | 2024 | ▲ 0.1% | WHO |