Australia World Economy Ranking: 61 stats

Economic indicators provided by The World Bank. Freedom indexes by The Heritage and Cato Institute. Human development data from the United Nations Office of Drugs and Crime.

Gross Domestic Product & Income

Stat	Australia	Rank
GDP	$1.4T	13
GDP growth, 1 year	2.8%	110
GDP growth, 5-years average	2.6%	111
Population	24.5M	53
GDP per capita	$57k	13
GDP per capita growth	1.33%	116
Purchasing Power Parity conversion factor	1.43	135
Price level ratio of PPP conversion factor GDP to market exchange rate	1.11	5
GDP per capita, PPP adjusted	$52k	21
GNI, Atlas method	$1.3T	14
GNI per capita	$53k	12
GNI, PPP adjusted	$1.3T	20
GNI per capita, PPP adjusted	$50k	19

Financial system and Human development

Stat	Australia	Rank
Income Tax Rate	45%	158
Corporate Tax Rate	30%	146
Inflation, consumer prices	2%	73
Inflation, GDP deflator	1.9%	63
Unemployment	5.4%	96
Economic Freedom Index	82.6	4
Personal Freedom Index	9.29	7
Human Freedom Index	8.73	4
Property Rights Index	82.8	21
Judical Effectiveness Index	86.1	2
Business Freedom Index	87.8	7
Fiscal Health Index	91.8	50
Labor Freedom Index	84	8
Investment Freedom Index	80	29
Financial Freedom Index	90	2
Trade Freedom Index	88.2	8
Monetary Freedom Index	86.2	3
Government Spending Index	61.6	119
Tax Burden Index	63	158
Government Integrity Index	89.3	13
Corruption Perceptions Index	77	17
Life expectancy at birth, years	82.5	14
Suicide mortality rate, per 100,000 people	13.2	156
Mortality caused by road traffic injury, per 100,000 people	5.6	27
Intentional homicides, per 100,000 people	0.8	30
International tourism, number of arrivals	9.2M	41

Government debt & reserves

Stat	Australia	Rank
Central government debt, % of GDP	40.7%	118
External debt stocks, % of GNI	N/A	-
External debt stocks	N/A	-
Short-term debt, % of total reserves	N/A	-
Total debt service, % of exports and primary income	N/A	-
Adjusted net savings including particulate emission damage, % of GNI	5.6%	98
Gross savings, % of GDP	21.7%	82
Gross capital formation, % of GDP	24.5%	74
Total reserves including gold	$53.9B	36
Foreign direct investment net inflows	$60.3B	7

Exports, imports and economic structure

Stat	Australia	Rank
Exports of goods and services, % of GDP	21.8%	149
Imports of goods and services, % of GDP	21.4%	170
Current account balance (balance of payments)	-$29.7B	180
Revenue excluding grants, % of GDP	25.7%	73
Grants excluding technical cooperation, BoP	N/A	-
Personal remittances received	$1.9B	63
Industry including construction value added, % of GDP	24.1%	108
Agriculture, forestry and fishing value added, % of GDP	2.5%	141
Charges for the use of intellectual property, payments BoP	$3.6B	23
Charges for the use of intellectual property, receipts BoP	$973.4M	23
Expense, % of GDP	26.1%	72
Government Expenditure, % of GDP	35.8%	59