Skip to content

Economy of Australia vs Chile compared: GDP & Debt

Updated on by Georank

Australia has a GDP of $1.8T compared to $357B for Chile, ranking 15/197 and 45/197 by economy size, respectively.

Australia has $918B in government debt (51% of GDP), compared to $149B (41.8% of GDP) in Chile.

Australia vs Chile GDP by year

Australia
Chile
1x
Year GDP, current $
Australia Chile
2025 $1,798,518,933,689 $357,371,159,575
2024 $1,757,022,451,653 $329,260,633,699
2023 $1,734,451,264,656 $335,802,745,366
2022 $1,695,627,535,476 $301,099,244,104
2021 $1,560,617,493,203 $315,507,493,783
2020 $1,333,336,461,648 $254,103,710,483
2019 $1,398,349,602,956 $278,308,438,545
2018 $1,433,144,978,762 $295,857,562,992
2017 $1,330,890,554,614 $276,154,259,981
2016 $1,211,588,128,418 $249,344,863,928
2015 $1,356,805,839,936 $242,450,355,831
2014 $1,474,677,007,566 $259,560,978,224
2013 $1,583,737,461,925 $277,395,018,842
2012 $1,552,728,401,402 $267,024,782,487
2011 $1,402,939,868,653 $251,382,573,894
2010 $1,152,566,632,022 $217,051,209,239
2009 $931,761,689,771 $171,777,900,624
2008 $1,058,448,244,064 $179,894,594,475
2007 $856,603,595,823 $172,491,076,034
2006 $749,708,370,333 $153,843,518,171
2005 $696,811,489,613 $122,294,145,163
2004 $615,643,050,221 $99,075,985,774
2003 $468,517,181,130 $76,492,579,644
2002 $396,436,967,263 $70,264,045,939
2001 $380,360,222,861 $71,574,739,561
2000 $416,901,962,163 $78,339,750,721
1999 $390,347,787,943 $75,578,685,736
1998 $400,361,527,505 $81,990,010,704
1997 $436,321,902,767 $85,741,415,285
1996 $401,962,517,479 $78,584,098,984
1995 $368,725,126,225 $73,820,425,702
1994 $323,269,456,935 $57,438,273,591
1993 $312,568,858,910 $49,934,943,321
1992 $325,982,966,981 $46,538,895,686
1991 $326,416,407,861 $38,232,330,917
1990 $311,840,666,465 $33,428,580,448
1989 $300,264,309,002 $30,101,767,991
1988 $236,461,079,970 $26,174,858,614
1987 $189,726,707,253 $22,605,488,851
1986 $182,707,050,923 $19,197,818,085
1985 $180,861,108,959 $17,933,557,360
1984 $193,749,932,078 $19,974,595,028
1983 $177,523,719,680 $20,629,678,694
1982 $194,323,071,831 $19,710,229,067
1981 $177,151,979,566 $35,180,322,211
1980 $150,200,557,103 $29,586,676,576
1979 $135,093,718,051 $22,249,574,628
1978 $118,660,813,780 $16,373,093,554
1977 $110,504,702,914 $14,272,711,437
1976 $105,209,354,856 $10,523,479,089
1975 $97,440,939,506 $7,812,161,793
1974 $89,086,219,602 $16,584,311,220
1973 $63,923,126,201 $17,237,336,173
1972 $52,117,990,654 $12,057,501,635
1971 $45,283,847,245 $10,999,807,567
1970 $41,395,206,623 $9,261,006,540
1969 $36,738,245,878 $8,456,519,044
1968 $32,763,365,242 $7,286,820,526
1967 $30,487,524,878 $7,145,068,068
1966 $27,349,284,376 $7,256,882,086
1965 $26,014,244,162 $6,183,988,944
1964 $23,835,843,814 $6,065,708,668
1963 $21,573,443,452 $5,702,520,146
1962 $19,953,923,193 $5,765,971,144
1961 $19,713,123,154 $4,948,564,551
1960 $18,635,682,982 $4,211,103,677

Data sources: World Bank | Economy & Growth (1960–2025, retrieved 2026-07-08).

GeoRank.org/economy/australia/chile | CC BY

GDP per capita in Australia vs Chile by year

Australia
GDP per capita

GDP per capita, PPP
Chile
GDP per capita

GDP per capita, PPP
1x
Year Current $
Australia Chile
GDP per capita GDP per capita, PPP GDP per capita GDP per capita, PPP
2025 $65,130 - $17,995 -
2024 $64,610 $72,111 $16,659 $36,181
2023 $65,058 $72,273 $17,082 $33,145
2022 $65,170 $66,103 $15,399 $30,932
2021 $60,759 $58,327 $16,216 $29,090
2020 $51,983 $54,184 $13,118 $25,351
2019 $55,195 $52,886 $14,497 $25,612
2018 $57,410 $50,371 $15,659 $25,305
2017 $54,118 $48,565 $14,880 $24,295
2016 $50,084 $47,446 $13,650 $23,257
2015 $56,970 $46,465 $13,434 $22,468
2014 $62,817 $47,109 $14,530 $22,554
2013 $68,477 $46,123 $15,684 $22,201
2012 $68,301 $43,007 $15,242 $21,366
2011 $62,799 $42,153 $14,487 $20,122
2010 $52,314 $39,504 $12,633 $17,918
2009 $42,955 $40,434 $10,099 $15,951
2008 $49,811 $37,616 $10,683 $16,376
2007 $41,128 $36,708 $10,346 $16,698
2006 $36,659 $34,890 $9,319 $15,511
2005 $34,535 $33,090 $7,480 $12,550
2004 $30,886 $31,815 $6,121 $11,612
2003 $23,758 $30,167 $4,773 $10,708
2002 $20,335 $29,080 $4,431 $10,133
2001 $19,734 $27,688 $4,564 $9,776
2000 $21,909 $26,585 $5,053 $9,376
1999 $20,750 $25,531 $4,934 $8,839
1998 $21,516 $24,386 $5,420 $8,850
1997 $23,683 $23,142 $5,742 $8,510
1996 $22,056 $22,134 $5,334 $7,895
1995 $20,479 $21,050 $5,081 $7,232
1994 $18,156 $20,174 $4,012 $6,476
1993 $17,725 $19,220 $3,541 $6,061
1992 $18,650 $18,259 $3,352 $5,563
1991 $18,885 $17,839 $2,798 $4,886
1990 $18,274 $17,385 $2,488 $4,444
1989 $17,858 - $2,278 -
1988 $14,303 - $2,014 -
1987 $11,666 - $1,767 -
1986 $11,406 - $1,525 -
1985 $11,455 - $1,447 -
1984 $12,436 - $1,636 -
1983 $11,532 - $1,715 -
1982 $12,798 - $1,663 -
1981 $11,871 - $3,012 -
1980 $10,223 - $2,571 -
1979 $9,308 - $1,962 -
1978 $8,264 - $1,465 -
1977 $7,786 - $1,297 -
1976 $7,497 - $971 -
1975 $7,014 - $732 -
1974 $6,492 - $1,579 -
1973 $4,778 - $1,667 -
1972 $3,955 - $1,185 -
1971 $3,500 - $1,099 -
1970 $3,310 - $941 -
1969 $2,996 - $874 -
1968 $2,728 - $766 -
1967 $2,584 - $764 -
1966 $2,347 - $790 -
1965 $2,284 - $686 -
1964 $2,134 - $686 -
1963 $1,970 - $658 -
1962 $1,858 - $679 -
1961 $1,880 - $594 -
1960 $1,813 - $516 -

Data sources: World Bank | Economy & Growth (1960–2025, retrieved 2026-07-08).

GeoRank.org/economy/australia/chile | CC BY

Australia's GDP per capita is $65,130, ranking 14/197, compared to $17,995 in Chile, ranking 67/197. Adjusted for purchasing power (GDP per capita PPP), Australia ranks 22nd at $72,111, while Chile ranks 63rd at $36,181.

Economic indicators

Australia Chile
Gross domestic product
$1.8T
2025
$357B
2025
GDP rank
15/197
2025
45/197
2025
GDP growth
1.35%
2024-2025
2.46%
2024-2025
GDP per capita
$65,130
2025
$17,995
2025
GDP per capita rank
14/197
2025
67/197
2025
GDP per capita, PPP
$72,111
2024
$36,181
2024
GDP per capita PPP rank
22/197
2024
63/197
2024
Government debt
$918B
2025
$149B
2025
Debt-to-GDP ratio
51%
2025
41.8%
2025
Government debt per person
$33,239
2025
$7,517
2025
Government debt per person rank
22/185
2025
68/185
2025
Average annual personal income after taxes
$50,637
2026
$10,041
2026
Market capitalization of domestic companies
$2.05T
2025
$487B
2025
Number of millionaires
1,634,000
2026
81,274
2024
Number of billionaires
47
2026
6
2026
Income share by richest 10%
25.9%
2020
34.3%
2024
Income share by poorest 10%
2.6%
2020
2.3%
2024
Government expenditure, % of GDP
39.5%
2025
26.4%
2025
Consumer prices inflation
2.87%
2024-2025
4.21%
2024-2025
Central bank interest rate
4.35%
2026
4.75%
2025
Unemployment rate
4.2%
2025
8.89%
2025
Population
28010980
19992079

Spending and national debt comparison by year

Australia
Spending

Debt
Chile
Spending

Debt
1x
Year % of GDP
Australia Chile
Government spending Government debt Government spending Government debt
2025 39.5% 51% 26.4% 41.8%
2024 38.7% 50.6% 26.7% 41.7%
2023 37.4% 49.4% 27.4% 39.4%
2022 37.4% 50% 26.7% 37.9%
2021 41.7% 55.4% 33.6% 36.4%
2020 44.3% 56.9% 29.1% 32.4%
2019 38.8% 46.5% 26.5% 28.3%
2018 36.7% 41.6% 25.6% 25.8%
2017 36.6% 41% 25.5% 23.7%
2016 37.1% 40.5% 25.4% 21.1%
2015 37.1% 37.6% 25% 17.4%
2014 36.6% 33.9% 23.9% 15%
2013 36.2% 30.3% 23.1% 12.8%
2012 36.4% 27.4% 23.1% 11.9%
2011 36.2% 24% 22.9% 11.1%
2010 36.8% 20.3% 23.5% 8.61%
2009 37.6% 16.6% 25% 5.84%
2008 35% 11.7% 21.8% 4.92%
2007 34.2% 9.65% 19.3% 3.9%
2006 34.5% 9.92% 18.7% 5.02%
2005 34.5% 10.8% 20.2% 7.04%
2004 34.8% 11.9% 20.8% 10.3%
2003 34.9% 13.2% 22.2% 12.6%
2002 34.9% 15% 23.2% 15%
2001 35.6% 17.1% 23.2% 14.3%
2000 35.1% 19.5% 22.9% 13.1%
1999 36.2% 22.5% 23.7% 13.3%
1998 34.6% 23.7% 21.9% 12.1%
1997 32.8% 25.9% 20.6% 12.8%
1996 33.5% 29.3% 20.6% 14.6%
1995 33.6% 31.1% 19.5% 17.3%
1994 33.7% 31.7% 20.6% 22.6%
1993 34.1% 30.6% 21.2% 28.1%
1992 34% 27.6% 20.9% 30.5%
1991 33% 21.6% 21.2% 37.1%
1990 30.4% 16.4% 21% 50.3%
1989 34.5% 17% 19.8% 51.9%
1988 34.6% 20.5% 21.3% 71.2%
1987 36% 25.2% 22.9% 81.6%
1986 38.4% 25.5% 26.6% 88.4%
1985 38.7% 24% 28.5% 79.8%
1984 38.4% 22.3% 30% 56.6%
1983 37% 21% 29.2% 45.5%
1982 36.7% 16.8% 30.1% 20.3%
1981 33.4% 19.1% 26.4% 14%
1980 33.2% 21.2% 23.8% 17.4%
1979 32.5% 22.8% 24.8% 23.2%
1978 33.2% 24.7% 29.4% 26%
1977 34.1% 23.6% 30% 16.5%
1976 33.3% 22.9% 30% 19.5%
1975 33% 23.6% 33.6% 28.4%
1974 30.9% 22.3% 32.3% 18.8%
1973 26.6% 27.3% 30.8% 11.1%
1972 27% 30.7% 35% 10.1%
1971 26.1% 32.2% 27.2% 20%
1970 25.3% 34.9% 21.1% 26.3%
1969 24.7% 36.7% 18.7% 21.5%
1968 25.3% 39.4% 19.3% 17.9%
1967 26.4% 40.5% 19.1% 14.9%
1966 25.6% 42.4% 20.5% 12.6%
1965 25.8% 43.7% 20.5% 12.6%
1964 23.5% 44.9% 17.8% 9.6%
1963 23% 47.5% 18.9% 9.23%
1962 22.7% 50.2% 21.3% 6.99%
1961 23.3% 49.3% 19.5% 7.97%
1960 21.8% 48.3% 19.7% 7.02%

Data sources: International Monetary Fund (IMF) | Fiscal Monitor (1990–2025, retrieved 2026-07-08); International Monetary Fund (IMF) | Public Finances in Modern History (1960–1990, retrieved 2026-07-08).

GeoRank.org/economy/australia/chile | CC BY

In 2025, Australia's government spending was $710B, accounting for 39.5% of its GDP, while Chile spent $94.2B, or 26.4% of GDP.

Debt-to-GDP ratio is 51% in Australia and 41.8% in Chile, ranking 104/185 and 126/185, respectively.

Government deficit by year

Deficit/surplus
Australia

Chile
1x
Year Deficit/surplus, % of GDP
Australia Chile
2025 -2.78% -2.78%
2024 -2.25% -2.82%
2023 -1.26% -2.27%
2022 -2.21% 1.36%
2021 -6.35% -7.53%
2020 -8.7% -7.1%
2019 -4.39% -2.73%
2018 -1.25% -1.48%
2017 -1.71% -2.63%
2016 -2.41% -2.66%
2015 -2.78% -2.09%
2014 -2.91% -1.5%
2013 -2.8% -0.47%
2012 -3.5% 0.68%
2011 -4.51% 1.43%
2010 -5.1% -0.36%
2009 -4.55% -4.26%
2008 -1.1% 3.93%
2007 1.47% 7.95%
2006 1.77% 7.51%
2005 1.7% 4.57%
2004 1.32% 2.05%
2003 1.05% -0.42%
2002 0.19% -1.17%
2001 -0.03% -0.49%
2000 1.25% -0.69%
1999 0.66% -2.02%
1998 -0.25% 0.39%
1997 -0.49% 2.04%
1996 -1.45% 2.07%
1995 -2.6% 3.1%
1994 -3.79% 1.44%
1993 -4.72% 1.42%
1992 -4.74% 2.11%
1991 -2.78% 1.54%
1990 -0.23% 2.25%
1989 -1.29% 5.31%
1988 -0.77% 4.07%
1987 -1.66% 2.36%
1986 -3.5% -0.92%
1985 -5.24% -2.22%
1984 -5.48% -2.95%
1983 -5.66% -2.67%
1982 -5.19% -1.02%
1981 -3.25% 2.56%
1980 -2.87% 5.41%
1979 -2.32% 4.82%
1978 -4.19% -0.11%
1977 -4.39% -1.11%
1976 -3.44% -0.48%
1975 -3.47% -0.41%
1974 -2.46% -5.79%
1973 0.16% -7.32%
1972 -0.97% -12.7%
1971 -0.23% -7.98%
1970 -0.23% -1.22%
1969 0.53% 0.6%
1968 -0.7% -0.79%
1967 -1.65% -0.64%
1966 -1.77% -1.88%
1965 -1.46% -1.64%
1964 0.19% -2.24%
1963 -0.26% -3.29%
1962 -0.38% -4.31%
1961 -0.78% -2.89%
1960 0.47% -3.14%
1959 0.06% 1.56%
1958 -0.25% -0.1%
1957 -0.33% -0.71%
1956 1% -1.3%
1955 0.08% -2.79%
1954 -0.27% -2.84%
1953 -0.86% -4.05%
1952 -0.44% -1.82%
1951 1.85% -0.71%
1950 4.29% -0.92%
1949 0.72% 1.71%
1948 2% 2.56%
1947 -0.45% -0.2%
1946 -4.09% 0.12%
1945 -8.87% 0.73%
1944 -11.8% 0.25%
1943 -12.4% 0.81%
1942 -5.17% 1.51%
1941 -2.14% 1.9%
1940 0.51% 2.64%
1939 0.77% 1.74%
1938 0.24% 1.25%
1937 0.28% 1.42%
1936 0.17% 2.62%
1935 0.24% 4.23%
1934 0.28% 2.42%
1933 0.28% 1.76%
1932 0.02% -0.32%
1931 -0.8% -2.73%
1930 -1% 1.47%
1929 -0.53% 1.89%
1928 -0.69% 4.11%
1927 -0.5% -0.17%
1926 -0.31% -3.23%
1925 -0.26% 2.44%
1924 -0.5% 3.68%
1923 -0.33% 2.87%
1922 -0.94% -0.23%
1921 -2% -0.57%
1920 -2.43% -1.8%
1919 -4.8% -2.53%
1918 -4.36% 0.71%
1917 -4.99% 0.49%
1916 -3.47% 0.98%
1915 -1.11% -2.13%
1914 -0.29% -2.67%
1913 0% -2.23%
1912 0.12% -3.29%
1911 0.39% -3.32%
1910 0.39% -3.17%
1909 0.37% -2.26%
1908 -0.15% -0.84%
1907 0.41% -2.39%
1906 0.23% -2.8%
1905 0.11% -1.31%
1904 -0.13% -1.6%
1903 -0.02% -1.35%
1902 0.16% -3.65%
1901 1.46% -3.93%
1900 - -1.89%
1899 - -0.78%
1898 - -3.84%
1897 - -1.78%
1896 - -5.36%
1895 - -2.31%
1894 - 0.82%
1893 - -0.59%
1892 - -1.33%
1891 - -6.72%
1890 - -3.65%
1889 - -2.71%
1888 - -0.58%
1887 - -4%
1886 - -5.17%
1885 - -2.46%
1884 - -3.23%
1883 - -3.57%
1882 - -2.86%
1881 - -1.83%
1880 - -2%
1879 - -4.34%
1878 - -2.27%
1877 - -3.88%
1876 - -3.17%
1875 - -3.73%
1874 - -4.75%
1873 - -1.94%
1872 - -1.78%
1871 - -2.38%
1870 - -1.83%
1869 - -1.07%
1868 - -2.85%
1867 - -4.31%
1866 - -5.72%
1865 - -1.95%
1864 - -1.07%
1863 - -0.26%
1862 - -0.13%
1861 - -0.5%
1860 - -0.07%
1859 - -1.6%
1858 - -1.37%
1857 - -0.3%
1856 - 0.11%
1855 - 0.1%
1854 - -0.2%
1853 - 0.27%
1852 - 0.68%
1851 - -0.39%
1850 - 0.35%
1849 - 0.6%
1848 - -0.25%
1847 - 0.04%
1846 - 0.36%
1845 - -0.21%
1844 - 0.48%
1843 - 0.69%
1842 - 1.1%
1841 - 0.31%
1840 - 0.34%
1839 - 0.25%
1838 - -0.21%
1837 - -0.05%
1836 - -0.17%
1835 - -0.58%
1834 - -0.39%
1833 - -0.45%
1832 - -0.57%
1831 - -0.77%
1830 - -0.51%
1829 - -0.06%
1828 - -0.3%
1827 - 0.07%
1826 - -0.08%
1825 - 0.05%
1824 - -0.37%
1823 - 0.98%
1822 - 1.28%
1821 - -0.19%
1820 - 0.64%
1819 - 0.16%
1818 - 1.52%
1817 - 0.94%
1816 - 1.21%
1815 - 1.53%
1814 - 1.91%
1813 - 2.34%
1812 - 2.79%
1811 - 3.24%
1810 - 3.64%

Data sources: International Monetary Fund (IMF) | Public Finances in Modern History (1810–1989, retrieved 2026-07-08); International Monetary Fund (IMF) | Fiscal Monitor (1990–2025, retrieved 2026-07-08).

GeoRank.org/economy/australia/chile | CC BY

In 2025, Australia's government deficit, the difference between spending and revenue, was $50B, equivalent to 2.78% of GDP. This compares to Chile's deficit of $9.94B, or 2.78% of GDP.

Over the past 66 years, Australia recorded a fiscal deficit in 54 of those years, while Chile ran a deficit in 42 years. On average, Australia posted an annual deficit equal to 2.04% of GDP, compared to deficit of 0.64% of GDP for Chile.

Inflation comparison by year

Inflation
Australia

Chile
1x
Year Consumer prices inflation
Australia Chile
2025 2.87% 4.21%
2024 3.17% 4.3%
2023 5.6% 7.58%
2022 6.59% 11.6%
2021 2.86% 4.52%
2020 0.85% 3.05%
2019 1.61% 2.56%
2018 1.91% 2.43%
2017 1.95% 2.18%
2016 1.28% 3.79%
2015 1.51% 4.35%
2014 2.49% 4.72%
2013 2.45% 1.79%
2012 1.76% 3.01%
2011 3.3% 3.34%
2010 2.92% 1.41%
2009 1.77% 0.35%
2008 4.35% 8.72%
2007 2.33% 4.41%
2006 3.56% 3.39%
2005 2.69% 3.05%
2004 2.34% 1.05%
2003 2.73% 2.81%
2002 2.98% 2.49%
2001 4.41% 3.57%
2000 4.46% 3.84%
1999 1.48% 3.34%
1998 0.86% 5.11%
1997 0.22% 6.13%

Data sources: World Bank | Economy & Growth (1997–2025, retrieved 2026-07-08).

GeoRank.org/economy/australia/chile | CC BY

Over the past 29 years, Australia has recorded an average annual inflation rate of 2.67%, compared with 3.9% in Chile. In 2025, inflation was 2.87% in Australia and 4.21% in Chile.

Top exports between countries

Australia
Export category Export value
Transport & tourism services $248M
Machinery & equipment $102M
Raw materials & minerals $64.1M
IT & IP services $12.5M
Chemicals & pharma $9.64M
Textiles & consumer goods $7.5M
Business & finance services $7.32M
Processed food, beverages & tobacco $4.9M
Metals $4.42M
Animal & marine products $3.55M
Chile
Export category Export value
Raw materials & minerals $147M
Raw agricultural goods $79.6M
Transport & tourism services $73.5M
Wood & paper products $65.8M
Machinery & equipment $45.5M
Processed food, beverages & tobacco $12.7M
Animal & marine products $9.91M
Miscellaneous $6.67M
Weapons & explosives $5.53M
Chemicals & pharma $4.64M

Balance of trade

Australia Chile
Current account balance
-$48.2B
2025
-$4.35B
2025
Current account balance ranking
187/190
2025
161/190
2025
Current account balance, % of GDP
-2.68%
2025
-1.22%
2025
Goods imports
$309B
2025
$86.5B
2025
Goods exports
$337B
2025
$110B
2025
Service imports
$116B
2025
$21.9B
2025
Service exports
$91.6B
2025
$13B
2025
Imports of goods and services, % of GDP
22.7%
2025
30.4%
2025
Exports of goods and services, % of GDP
23.2%
2025
34.6%
2025

Economic freedom indices

The indices of economic freedom below are issued by the Heritage Foundation. Higher scores indicate stronger economic health.

Australia Chile
Economic freedom 80.1 74.3
Economic freedom ranking 5/197 20/197
Property rights 88.2 69.7
Government integrity 88.1 67.8
Judicial effectiveness 96.3 90.3
Tax burden 61.8 72.5
Government spending 56.6 78.2
Fiscal health 89 94.1
Business freedom 92.3 78.5
Labor freedom 61.5 56.8
Monetary freedom 77.2 75.1
Trade freedom 89.8 78
Investment freedom 80 60
Financial freedom 80 70

Economic freedom comparison by year

Australia
Chile
1x
Year Economic freedom index
Australia Chile
2026 80.1 74.3
2025 79.3 73.2
2024 76.2 71.4
2023 74.8 71.1
2022 77.7 74.4
2021 82.4 75.2
2020 82.6 76.8
2019 80.9 75.4
2018 80.9 75.2
2017 81 76.5
2016 80.3 77.7
2015 81.4 78.5
2014 82 78.7
2013 82.6 79
2012 83.1 78.3
2011 82.5 77.4
2010 82.6 77.2
2009 82.6 78.3
2008 82.2 78.6
2007 81.1 77.7
2006 79.9 78
2005 79 77.8
2004 77.9 76.9
2003 77.4 76
2002 77.3 77.8
2001 77.4 75.1
2000 77.1 74.7
1999 76.4 74.1
1998 75.6 74.9
1997 75.5 75.9
1996 74 72.6
1995 74.1 71.2

Data sources: The Heritage Foundation | Economic Freedom Index (1995–2026, retrieved 2026-07-08).

GeoRank.org/economy/australia/chile | CC BY

The Economic Freedom Index for Australia is 80.1, ranking 5/197, compared to 74.3 for Chile, ranking 20/197. The chart above displays a comparison of annual changes in economic freedom indexes.

Other economic metrics

Australia Chile
Services, % of GDP
67.5%
2025
55.5%
2025
Industry, % of GDP
23.9%
2025
31.4%
2025
Agriculture, forestry, and fishing, % of GDP
2.27%
2025
3.45%
2025
GNI, Atlas method
$1.77T
2025
$337B
2025
GNI per capita, PPP
$69,930
2025
$35,730
2025
Total reserves including gold
$72.6B
2025
$49.4B
2025
Total reserves ranking
37/177
2025
48/177
2025
Net foreign direct investment
-$41.1B
2025
-$5.83B
2025
Net inflows of foreign direct investment
$53.7B
2024
$13.1B
2024
Net outflows of foreign direct investment
$13.9B
2024
$4.04B
2024
Poverty at national poverty lines n/a
6.5%
2022
Gross capital formation, % of GDP
24.5%
2025
24.1%
2025

GDP per capita map

1x

Data sources: World Bank | Economy & Growth (1985–2025, retrieved 2026-07-08); U.S. Census Bureau (1985–2025, retrieved 2026-07-08).

GeoRank.org/economy/australia/chile | CC BY

Compare countries by 7 more topics

Help us show the world through your eyes

Share a photo of your city and help others discover what it looks like to live there. Your contribution makes our data come alive.

Data sources:

  1. World Bank | Economy & Growth (1960–2025, retrieved 2026-07-08)
  2. International Monetary Fund (IMF) | Public Finances in Modern History (1810–1990, retrieved 2026-07-08)
  3. International Monetary Fund (IMF) | Fiscal Monitor (1990–2025, retrieved 2026-07-08)
  4. The Heritage Foundation | Economic Freedom Index (1995–2026, retrieved 2026-07-08)
  5. U.S. Census Bureau (1985–2025, retrieved 2026-07-08)
  6. TradeMap (2022–2025, retrieved 2026-07-08)
  7. United Nations | World Population Prospects (2026, retrieved 2026-07-08)
  8. LivingCost (2026, retrieved 2026-07-08)

Creative Commons Attribution (CC BY) — you’re free to copy, share, remix, adapt, and use even commercially as long as you give appropriate credit and clearly indicate if you made changes. Other sources may be subject to different license terms.

The current account balance is the sum of net trade in goods and services, net earnings from cross-border investments, and net transfer payments. It reflects a country's economic transactions with the rest of the world and is a fundamental component of the balance of payments. A surplus indicates that a country exports more than it imports, while a deficit shows the opposite.

Gross National Income (GNI) measures a country's total income. It encompasses income earned by residents, businesses, and foreign sources, defined as employee compensation and investment profits. GNI adds product taxes not included elsewhere and subtracts subsidies. It accounts for income from residents working abroad but excludes earnings from foreigners within the country.

A negative value for Net Foreign Direct Investment indicates a country is a net receiver of investments, as foreign inflows exceed outflows after Balance of Payments adjustments. A positive value indicates a net provider, with outflows exceeding inflows. Inflows are credits (increasing foreign claims on domestic assets), while outflows are debits (increasing domestic assets abroad).

Foreign direct investment (FDI, net inflows) shows how much capital foreign investors bring into a country after accounting for any funds that flow back in the opposite direction. It represents the net value of overseas companies establishing, expanding, or financing businesses in the reporting country. A positive number means more capital entered the country than was withdrawn, while a negative number means foreign investors pulled out more than they invested.

Foreign direct investment (FDI, net outflows) shows how much capital residents of a country invest abroad after accounting for any funds that flow back in the opposite direction. It represents the net value of domestic companies establishing, expanding, or financing businesses in other countries. A positive number means more capital was invested abroad than withdrawn, while a negative number means residents pulled back more than they invested.

Formerly gross domestic investment, gross capital formation measures the share of a country’s economic output invested in fixed assets, including buildings, machinery, and infrastructure. It indicates how much of the economy is devoted to building productive capacity.