Australia has a GDP of $1.75T compared to $15.7B for the Congo, ranking 13/197 and 141/197 by economy size, respectively.
Australia has $873B in government debt (50.9% of GDP), compared to $15B (91.4% of GDP) in the Congo.
The chart below compares the two countries' GDP growth in both current (nominal) and constant dollars, accounting for inflation over time.
| Year | GDP | |||
|---|---|---|---|---|
Australia
|
Congo
|
|||
| Current $ | Constant $ | Current $ | Constant $ | |
| 1960 | $18,607,682,977 | $204,556,496,021 | $131,731,863 | $1,260,529,281 |
| 1961 | $19,684,003,149 | $209,634,264,252 | $151,675,739 | $1,365,792,637 |
| 1962 | $19,923,683,188 | $212,347,394,916 | $166,521,240 | $1,436,845,387 |
| 1963 | $21,540,963,447 | $225,547,290,344 | $172,233,431 | $1,378,950,570 |
| 1964 | $23,801,123,808 | $241,290,865,664 | $185,693,725 | $1,431,582,304 |
| 1965 | $25,977,284,156 | $255,720,398,205 | $198,318,064 | $1,484,213,966 |
| 1966 | $27,308,964,369 | $261,804,000,642 | $220,613,582 | $1,504,384,173 |
| 1967 | $30,442,724,871 | $278,310,424,155 | $237,397,428 | $1,536,221,035 |
| 1968 | $32,714,085,234 | $292,486,739,692 | $251,247,458 | $1,653,455,074 |
| 1969 | $36,684,485,870 | $313,093,232,453 | $265,040,036 | $1,778,266,547 |
| 1970 | $41,334,726,614 | $335,559,847,086 | $274,960,700 | $1,891,337,095 |
| 1971 | $45,217,767,235 | $348,984,184,858 | $322,128,019 | $2,037,973,138 |
| 1972 | $52,042,056,075 | $362,631,046,662 | $410,669,264 | $2,213,596,510 |
| 1973 | $63,833,440,102 | $372,130,520,890 | $541,973,363 | $2,395,801,821 |
| 1974 | $88,965,364,775 | $387,414,341,096 | $585,364,634 | $2,584,723,272 |
| 1975 | $97,304,383,449 | $392,589,303,732 | $767,102,680 | $2,784,563,655 |
| 1976 | $105,060,616,985 | $402,751,234,563 | $754,549,601 | $2,810,078,243 |
| 1977 | $110,352,144,987 | $417,230,643,180 | $765,224,029 | $2,558,479,911 |
| 1978 | $118,492,761,338 | $420,958,560,166 | $878,771,772 | $2,721,192,761 |
| 1979 | $134,900,602,067 | $438,009,144,461 | $1,198,749,667 | $2,988,229,522 |
| 1980 | $149,987,743,733 | $451,305,594,857 | $1,705,796,853 | $3,515,251,773 |
| 1981 | $176,895,390,688 | $466,379,040,332 | $1,993,512,323 | $4,134,629,380 |
| 1982 | $194,041,708,044 | $481,887,942,318 | $2,160,640,565 | $5,110,306,815 |
| 1983 | $177,267,290,706 | $471,169,061,969 | $2,097,274,290 | $5,409,462,277 |
| 1984 | $193,525,337,526 | $492,813,360,779 | $2,193,581,365 | $5,786,833,455 |
| 1985 | $180,643,265,927 | $518,826,292,325 | $2,160,872,540 | $5,718,221,236 |
| 1986 | $182,481,113,598 | $539,404,649,864 | $1,849,268,212 | $5,325,863,974 |
| 1987 | $189,495,764,955 | $553,211,370,887 | $2,297,753,652 | $5,335,949,917 |
| 1988 | $236,161,314,544 | $585,064,279,421 | $2,212,536,312 | $5,430,196,849 |
| 1989 | $299,875,906,679 | $607,725,922,301 | $2,389,593,026 | $5,571,375,261 |
| 1990 | $311,426,665,220 | $629,466,776,080 | $2,798,746,050 | $5,627,089,213 |
| 1991 | $325,975,319,456 | $627,060,575,116 | $2,724,853,506 | $5,761,878,676 |
| 1992 | $325,525,379,567 | $629,746,209,994 | $2,933,222,703 | $5,912,375,954 |
| 1993 | $312,133,923,553 | $655,230,327,244 | $2,684,323,623 | $5,854,453,400 |
| 1994 | $322,806,641,301 | $681,311,039,100 | $1,769,365,438 | $5,532,863,840 |
| 1995 | $368,166,023,166 | $707,786,283,507 | $2,116,003,868 | $5,753,366,412 |
| 1996 | $401,341,880,621 | $735,134,359,250 | $2,540,697,539 | $6,000,213,536 |
| 1997 | $435,642,611,297 | $763,901,984,858 | $2,322,719,103 | $5,962,723,473 |
| 1998 | $399,674,421,759 | $799,524,373,775 | $1,949,481,379 | $6,185,583,409 |
| 1999 | $389,652,212,057 | $839,721,933,538 | $2,354,772,960 | $6,025,859,314 |
| 2000 | $416,167,815,093 | $872,651,653,770 | $3,227,927,698 | $6,482,377,235 |
| 2001 | $379,629,301,675 | $890,323,770,708 | $2,796,704,604 | $6,728,876,234 |
| 2002 | $395,788,696,012 | $925,754,967,999 | $3,034,250,924 | $7,037,184,600 |
| 2003 | $467,739,079,790 | $954,367,849,882 | $3,503,723,088 | $7,094,415,494 |
| 2004 | $614,659,980,083 | $994,683,066,031 | $4,656,974,940 | $7,341,062,187 |
| 2005 | $695,692,898,677 | $1,026,057,036,344 | $6,650,001,680 | $7,910,417,276 |
| 2006 | $748,417,562,770 | $1,054,328,458,936 | $8,072,305,029 | $8,542,162,056 |
| 2007 | $855,007,458,585 | $1,094,111,663,604 | $8,782,703,437 | $7,977,183,901 |
| 2008 | $1,056,112,427,190 | $1,133,349,428,617 | $11,649,857,673 | $8,480,255,109 |
| 2009 | $928,762,122,698 | $1,154,798,699,180 | $9,723,299,915 | $9,467,126,892 |
| 2010 | $1,148,838,233,481 | $1,180,435,002,407 | $13,148,396,212 | $10,407,332,392 |
| 2011 | $1,398,610,616,773 | $1,208,849,019,422 | $15,655,383,577 | $10,636,909,753 |
| 2012 | $1,547,532,281,116 | $1,256,196,122,894 | $17,692,911,296 | $11,694,979,455 |
| 2013 | $1,577,123,329,411 | $1,288,884,775,424 | $17,958,720,699 | $11,611,660,392 |
| 2014 | $1,468,265,356,428 | $1,322,334,997,273 | $17,919,321,078 | $12,383,378,937 |
| 2015 | $1,351,296,372,254 | $1,351,296,372,254 | $12,434,793,867 | $12,434,793,867 |
| 2016 | $1,206,836,962,282 | $1,388,583,854,796 | $10,931,328,151 | $11,354,801,749 |
| 2017 | $1,325,582,658,157 | $1,420,237,898,461 | $11,834,473,039 | $10,719,526,285 |
| 2018 | $1,427,809,041,019 | $1,461,119,016,244 | $14,773,900,289 | $10,472,514,332 |
| 2019 | $1,392,723,834,563 | $1,492,847,874,024 | $13,976,637,780 | $10,590,275,025 |
| 2020 | $1,328,414,058,378 | $1,491,062,566,267 | $11,468,687,464 | $9,926,500,702 |
| 2021 | $1,556,735,770,437 | $1,522,541,404,228 | $14,825,690,211 | $10,027,261,670 |
| 2022 | $1,690,858,246,994 | $1,587,133,480,805 | $15,817,030,157 | $10,175,199,490 |
| 2023 | $1,728,057,316,696 | $1,641,762,491,419 | $15,321,055,818 | $10,369,226,733 |
| 2024 | $1,752,193,307,380 | $1,665,257,959,985 | $15,719,985,776 | $10,636,718,190 |
Economic indicators
|
Australia
|
Congo
|
|
|---|---|---|
| Gross domestic product |
$1.75T
2024 |
$15.7B
2024 |
| GDP rank |
13/197
2024 |
141/197
2024 |
| GDP growth |
1.4%
2023-2024 |
2.6%
2023-2024 |
| GDP per capita |
$64,407
2024 |
$2,482
2024 |
| GDP per capita rank |
14/197
2024 |
148/197
2024 |
| GDP per capita, PPP |
$71,193
2024 |
$7,026
2024 |
| Government debt |
$873B
2024 |
$15B
2024 |
| Debt-to-GDP ratio |
50.9%
2025 |
91.4%
2025 |
| Government debt per person |
$32,093
2024 |
$2,369
2024 |
| Government debt per person rank |
22/185
2024 |
113/185
2024 |
| Average annual personal income after taxes |
$45,914
2025 |
$2,263
2025 |
| Market capitalization of domestic companies |
$1.74T
2024 |
n/a |
| Number of millionaires |
1,936,114
2024 |
n/a |
| Number of billionaires |
47
2025 |
n/a |
| Income share by richest 10% |
25.5%
2020 |
37.9%
2011 |
| Income share by poorest 10% |
2.7%
2020 |
1.6%
2011 |
| Government expenditure, % of GDP |
38.8%
2025 |
21.9%
2025 |
| Consumer prices inflation |
3.16%
2023-2024 |
3.6%
2024-2025 |
| Central bank interest rate |
3.6%
2025 |
n/a |
| Unemployment rate |
3.94%
2024 |
10%
2012 |
| Population |
27677455
|
6607609
|
GDP per capita in Australia vs Congo
Australia's GDP per capita is $64,407, ranking 14/197, compared to $2,482 in the Congo, ranking 148/197. Adjusted for purchasing power (GDP per capita PPP), Australia ranks 23rd at $71,193, while the Congo ranks 147th at $7,026.
| Year | Current $ | |||
|---|---|---|---|---|
|
Australia
|
Congo
|
|||
| GDP per capita | GDP per capita, PPP | GDP per capita | GDP per capita, PPP | |
| 1960 | $1,811 | - | $124.7 | - |
| 1961 | $1,878 | - | $139.9 | - |
| 1962 | $1,855 | - | $149.6 | - |
| 1963 | $1,967 | - | $150.7 | - |
| 1964 | $2,131 | - | $158.1 | - |
| 1965 | $2,281 | - | $164.2 | - |
| 1966 | $2,344 | - | $177.6 | - |
| 1967 | $2,580 | - | $185.7 | - |
| 1968 | $2,724 | - | $190.8 | - |
| 1969 | $2,991 | - | $195.4 | - |
| 1970 | $3,305 | - | $196.7 | - |
| 1971 | $3,495 | - | $223.5 | - |
| 1972 | $3,949 | - | $276.3 | - |
| 1973 | $4,771 | - | $353 | - |
| 1974 | $6,483 | - | $370 | - |
| 1975 | $7,004 | - | $471 | - |
| 1976 | $7,487 | - | $453 | - |
| 1977 | $7,776 | - | $448 | - |
| 1978 | $8,253 | - | $503 | - |
| 1979 | $9,295 | - | $670 | - |
| 1980 | $10,209 | - | $933 | - |
| 1981 | $11,854 | - | $1,066 | - |
| 1982 | $12,779 | - | $1,131 | - |
| 1983 | $11,516 | - | $1,075 | - |
| 1984 | $12,422 | - | $1,097 | - |
| 1985 | $11,442 | - | $1,049 | - |
| 1986 | $11,392 | - | $872 | - |
| 1987 | $11,651 | - | $1,052 | - |
| 1988 | $14,285 | - | $984 | - |
| 1989 | $17,834 | - | $1,033 | - |
| 1990 | $18,249 | $17,381 | $1,176 | $3,437 |
| 1991 | $18,860 | $17,836 | $1,113 | $3,536 |
| 1992 | $18,624 | $18,254 | $1,164 | $3,608 |
| 1993 | $17,700 | $19,216 | $1,034 | $3,550 |
| 1994 | $18,130 | $20,171 | $662 | $3,327 |
| 1995 | $20,448 | $21,039 | $770 | $3,434 |
| 1996 | $22,022 | $22,132 | $899 | $3,547 |
| 1997 | $23,647 | $23,125 | $804 | $3,510 |
| 1998 | $21,479 | $24,378 | $660 | $3,602 |
| 1999 | $20,713 | $25,485 | $776 | $3,464 |
| 2000 | $21,870 | $26,542 | $1,024 | $3,667 |
| 2001 | $19,696 | $27,646 | $855 | $3,748 |
| 2002 | $20,302 | $29,032 | $906 | $3,888 |
| 2003 | $23,718 | $30,122 | $1,017 | $3,887 |
| 2004 | $30,837 | $31,764 | $1,306 | $3,992 |
| 2005 | $34,480 | $33,037 | $1,799 | $4,279 |
| 2006 | $36,596 | $34,847 | $2,104 | $4,588 |
| 2007 | $41,052 | $36,654 | $2,206 | $4,243 |
| 2008 | $49,701 | $37,533 | $2,832 | $4,448 |
| 2009 | $42,817 | $40,312 | $2,271 | $4,801 |
| 2010 | $52,145 | $39,373 | $2,947 | $5,125 |
| 2011 | $62,606 | $42,023 | $3,396 | $5,175 |
| 2012 | $68,073 | $42,863 | $3,732 | $6,058 |
| 2013 | $68,191 | $45,931 | $3,697 | $5,834 |
| 2014 | $62,544 | $46,904 | $3,601 | $5,733 |
| 2015 | $56,739 | $46,264 | $2,439 | $4,715 |
| 2016 | $49,888 | $47,260 | $2,093 | $4,016 |
| 2017 | $53,902 | $48,371 | $2,212 | $4,445 |
| 2018 | $57,196 | $50,184 | $2,694 | $5,593 |
| 2019 | $54,973 | $52,673 | $2,488 | $5,720 |
| 2020 | $51,792 | $53,984 | $1,994 | $4,771 |
| 2021 | $60,608 | $58,182 | $2,516 | $6,263 |
| 2022 | $64,997 | $65,872 | $2,621 | $6,647 |
| 2023 | $64,836 | $70,513 | $2,478 | $6,850 |
| 2024 | $64,407 | $71,193 | $2,482 | $7,026 |
Spending and national debt comparison
In 2024, Australia's government spending was $672B, accounting for 38.8% of its GDP, while the Congo's spent $3.58B, or 21.9% of GDP.
Debt-to-GDP ratio is 50.9% in Australia and 91.4% in the Congo, ranking 108/185 and 33/185, respectively.
| Year | % of GDP | |||
|---|---|---|---|---|
|
Australia
|
Congo
|
|||
| Government spending | Government debt | Government spending | Government debt | |
| 1960 | 21.8% | 48.2% | - | - |
| 1961 | 23.3% | 49.3% | - | - |
| 1962 | 22.7% | 50.2% | - | - |
| 1963 | 23% | 47.5% | - | - |
| 1964 | 23.5% | 44.9% | - | - |
| 1965 | 25.8% | 43.7% | - | - |
| 1966 | 25.6% | 42.4% | - | - |
| 1967 | 26.4% | 40.5% | - | - |
| 1968 | 25.3% | 39.4% | - | - |
| 1969 | 24.7% | 36.7% | - | - |
| 1970 | 25.3% | 34.9% | - | - |
| 1971 | 26.1% | 32.2% | - | - |
| 1972 | 27% | 30.7% | - | - |
| 1973 | 26.6% | 27.3% | - | - |
| 1974 | 30.9% | 22.3% | - | - |
| 1975 | 33% | 23.6% | - | - |
| 1976 | 33.3% | 22.9% | - | - |
| 1977 | 34.1% | 23.6% | - | - |
| 1978 | 33.2% | 24.7% | - | - |
| 1979 | 32.5% | 22.8% | - | - |
| 1980 | 33.2% | 21.2% | - | - |
| 1981 | 33.4% | 19.1% | - | - |
| 1982 | 36.7% | 16.8% | - | - |
| 1983 | 37% | 21% | - | - |
| 1984 | 38.4% | 22.3% | - | - |
| 1985 | 38.7% | 24% | - | - |
| 1986 | 38.4% | 25.5% | - | - |
| 1987 | 36% | 25.2% | - | - |
| 1988 | 34.6% | 20.5% | - | - |
| 1989 | 34.5% | 17% | 20.3% | 151.7% |
| 1990 | 30.5% | 16.4% | 30.4% | 0% |
| 1991 | 33.1% | 21.6% | 34.1% | 0% |
| 1992 | 34.1% | 27.6% | 32.8% | 0% |
| 1993 | 34.1% | 30.7% | 32.8% | 0% |
| 1994 | 33.7% | 31.7% | 30.7% | 0% |
| 1995 | 33.7% | 31.1% | 27.6% | 0% |
| 1996 | 33.5% | 29.3% | 15.7% | 0% |
| 1997 | 32.8% | 25.9% | 22.2% | 0% |
| 1998 | 34.6% | 23.7% | 25.1% | 0% |
| 1999 | 36.2% | 22.5% | 28.8% | 0% |
| 2000 | 35.2% | 19.5% | 22.6% | 145% |
| 2001 | 35.6% | 17.1% | 29.1% | 180.1% |
| 2002 | 34.9% | 15% | 32.1% | 163.5% |
| 2003 | 34.9% | 13.2% | 27% | 185.3% |
| 2004 | 34.8% | 11.9% | 24.4% | 122.6% |
| 2005 | 34.6% | 10.9% | 22.1% | 99.8% |
| 2006 | 34.5% | 9.94% | 26.6% | 94.7% |
| 2007 | 34.3% | 9.67% | 28.6% | 93.8% |
| 2008 | 35.1% | 11.7% | 24.2% | 69.6% |
| 2009 | 37.8% | 16.6% | 24.4% | 83.8% |
| 2010 | 37% | 20.3% | 23% | 43.5% |
| 2011 | 36.3% | 24% | 27.9% | 34.4% |
| 2012 | 36.5% | 27.5% | 30.7% | 30.2% |
| 2013 | 36.4% | 30.5% | 42.4% | 33.9% |
| 2014 | 36.7% | 34% | 48.6% | 42.3% |
| 2015 | 37.3% | 37.7% | 41.3% | 74.2% |
| 2016 | 37.3% | 40.6% | 38.8% | 84.6% |
| 2017 | 36.8% | 41.2% | 26.6% | 88.5% |
| 2018 | 36.9% | 41.8% | 17.8% | 71.2% |
| 2019 | 38.9% | 46.7% | 20.2% | 77.6% |
| 2020 | 44.4% | 57.1% | 21.1% | 102.5% |
| 2021 | 41.8% | 55.5% | 20.9% | 97.8% |
| 2022 | 37.5% | 50.2% | 22.8% | 92.5% |
| 2023 | 37.2% | 49% | 20.7% | 99% |
| 2024 | 38.3% | 49.8% | 22.8% | 95.4% |
| 2025 | 38.8% | 50.9% | 21.9% | 91.4% |
Government deficit by year
In 2024, Australia's government deficit, the difference between spending and revenue, was -$37.8B, equivalent to -2.16% of GDP. This compares to the Congo's surplus of $410M, or 2.61% of GDP.
Over the past 36 years, Australia recorded a fiscal deficit in 28 of those years, while the Congo ran a deficit in 16 years. On average, Australia posted an annual deficit equal to -1.96% of GDP, compared to surplus of +0.72% of GDP for the Congo.
| Year | Deficit/surplus, % of GDP | |
|---|---|---|
|
Australia
|
Congo
|
|
| 1901 | 1.46% | - |
| 1902 | 0.16% | - |
| 1903 | -0.02% | - |
| 1904 | -0.13% | - |
| 1905 | 0.11% | - |
| 1906 | 0.23% | - |
| 1907 | 0.41% | - |
| 1908 | -0.15% | - |
| 1909 | 0.37% | - |
| 1910 | 0.39% | - |
| 1911 | 0.39% | - |
| 1912 | 0.12% | - |
| 1913 | 0% | - |
| 1914 | -0.29% | - |
| 1915 | -1.11% | - |
| 1916 | -3.47% | - |
| 1917 | -4.99% | - |
| 1918 | -4.36% | - |
| 1919 | -4.8% | - |
| 1920 | -2.43% | - |
| 1921 | -2% | - |
| 1922 | -0.94% | - |
| 1923 | -0.33% | - |
| 1924 | -0.5% | - |
| 1925 | -0.26% | - |
| 1926 | -0.31% | - |
| 1927 | -0.5% | - |
| 1928 | -0.69% | - |
| 1929 | -0.53% | - |
| 1930 | -1% | - |
| 1931 | -0.8% | - |
| 1932 | 0.02% | - |
| 1933 | 0.28% | - |
| 1934 | 0.28% | - |
| 1935 | 0.24% | - |
| 1936 | 0.17% | - |
| 1937 | 0.28% | - |
| 1938 | 0.24% | - |
| 1939 | 0.77% | - |
| 1940 | 0.51% | - |
| 1941 | -2.14% | - |
| 1942 | -5.17% | - |
| 1943 | -12.4% | - |
| 1944 | -11.8% | - |
| 1945 | -8.87% | - |
| 1946 | -4.09% | - |
| 1947 | -0.45% | - |
| 1948 | 2% | - |
| 1949 | 0.72% | - |
| 1950 | 4.29% | - |
| 1951 | 1.85% | - |
| 1952 | -0.44% | - |
| 1953 | -0.86% | - |
| 1954 | -0.27% | - |
| 1955 | 0.08% | - |
| 1956 | 1% | - |
| 1957 | -0.33% | - |
| 1958 | -0.25% | - |
| 1959 | 0.06% | - |
| 1960 | 0.47% | - |
| 1961 | -0.78% | - |
| 1962 | -0.38% | - |
| 1963 | -0.26% | - |
| 1964 | 0.19% | - |
| 1965 | -1.46% | - |
| 1966 | -1.77% | - |
| 1967 | -1.65% | - |
| 1968 | -0.7% | - |
| 1969 | 0.53% | - |
| 1970 | -0.23% | - |
| 1971 | -0.23% | - |
| 1972 | -0.97% | - |
| 1973 | 0.16% | - |
| 1974 | -2.46% | - |
| 1975 | -3.47% | - |
| 1976 | -3.44% | - |
| 1977 | -4.39% | - |
| 1978 | -4.19% | - |
| 1979 | -2.32% | - |
| 1980 | -2.87% | - |
| 1981 | -3.25% | - |
| 1982 | -5.19% | - |
| 1983 | -5.66% | - |
| 1984 | -5.48% | - |
| 1985 | -5.24% | - |
| 1986 | -3.5% | - |
| 1987 | -1.66% | - |
| 1988 | -0.77% | - |
| 1989 | -1.29% | 0.78% |
| 1990 | -0.23% | -4.1% |
| 1991 | -2.79% | -11.2% |
| 1992 | -4.74% | -12.7% |
| 1993 | -4.73% | -11.3% |
| 1994 | -3.79% | -10.6% |
| 1995 | -2.6% | -6.38% |
| 1996 | -1.46% | 9.2% |
| 1997 | -0.49% | 3.67% |
| 1998 | -0.25% | -5.16% |
| 1999 | 0.67% | -4.75% |
| 2000 | 1.25% | 1.05% |
| 2001 | -0.03% | -0.71% |
| 2002 | 0.19% | -7.34% |
| 2003 | 1.05% | 0.37% |
| 2004 | 1.32% | 3.33% |
| 2005 | 1.71% | 13.4% |
| 2006 | 1.77% | 16% |
| 2007 | 1.47% | 8.99% |
| 2008 | -1.1% | 23.9% |
| 2009 | -4.56% | 4.76% |
| 2010 | -5.12% | 15.5% |
| 2011 | -4.53% | 16.1% |
| 2012 | -3.51% | 7.24% |
| 2013 | -2.81% | -2.85% |
| 2014 | -2.92% | -10.7% |
| 2015 | -2.79% | -17.8% |
| 2016 | -2.42% | -14.5% |
| 2017 | -1.72% | -5.57% |
| 2018 | -1.26% | 5.22% |
| 2019 | -4.41% | 4.3% |
| 2020 | -8.73% | -1.1% |
| 2021 | -6.36% | 1.63% |
| 2022 | -2.18% | 8.94% |
| 2023 | -0.92% | 5.81% |
| 2024 | -2.16% | 2.61% |
| 2025 | -2.58% | 3.54% |
Inflation comparison by year
Over the past 29 years, Australia has recorded an average annual inflation rate of 2.66%, compared with 3.1% in the Congo. In 2024, inflation was 3.16% in Australia and 3.6% in the Congo.
| Year | Inflation | ||
|---|---|---|---|
|
Australia
|
Congo
|
Australia
|
Congo
|
| 1996 | 2.62% | 7.4% | |
| 1997 | 0.22% | 12.7% | |
| 1998 | 0.86% | 2.2% | |
| 1999 | 1.48% | 3% | |
| 2000 | 4.46% | 0.5% | |
| 2001 | 4.41% | 0.8% | |
| 2002 | 2.98% | 3% | |
| 2003 | 2.73% | 1.7% | |
| 2004 | 2.34% | 3.7% | |
| 2005 | 2.69% | 2.5% | |
| 2006 | 3.56% | 4.7% | |
| 2007 | 2.33% | 2.6% | |
| 2008 | 4.35% | 6% | |
| 2009 | 1.77% | 4.3% | |
| 2010 | 2.92% | 0.4% | |
| 2011 | 3.3% | 1.8% | |
| 2012 | 1.76% | 5% | |
| 2013 | 2.45% | 4.6% | |
| 2014 | 2.49% | 0.9% | |
| 2015 | 1.51% | 3.2% | |
| 2016 | 1.28% | 3.2% | |
| 2017 | 1.95% | 0.4% | |
| 2018 | 1.91% | 1.2% | |
| 2019 | 1.61% | 0.4% | |
| 2020 | 0.85% | 1.4% | |
| 2021 | 2.86% | 2% | |
| 2022 | 6.59% | 3% | |
| 2023 | 5.6% | 4.3% | |
| 2024 | 3.16% | 3.1% | |
| 2025 | - | 3.6% | |
Top exports between countries
|
Australia
|
|
|---|---|
| Export category | Export value |
| Raw agricultural goods | $895K |
| Machinery & equipment | $882K |
| Chemicals & pharma | $210K |
| Animal & marine products | $160K |
| Textiles & consumer goods | $36K |
| Raw materials & minerals | $20K |
| Miscellaneous | $13K |
| Metals | $5K |
|
Congo
|
|
|---|---|
| Export category | Export value |
| Machinery & equipment | $6.95M |
| Raw materials & minerals | $5.36M |
| Wood & paper products | $25K |
| Textiles & consumer goods | $13K |
| Metals | $10K |
Balance of trade
|
Australia
|
Congo
|
|
|---|---|---|
Current account balance
|
-$36.3B
2024 |
$1.72B
2021 |
| Current account balance ranking |
186/189
2024 |
47/189
2021 |
| Current account balance, % of GDP |
-2.07%
2024 |
+11.6%
2021 |
| Goods imports |
$297B
2024 |
$2.78B
2021 |
| Goods exports |
$341B
2024 |
$7.51B
2021 |
| Service imports |
$110B
2024 |
$1.71B
2021 |
| Service exports |
$83.9B
2024 |
$240M
2021 |
| Imports of goods and services, % of GDP |
22.6%
2024 |
40.4%
2024 |
| Exports of goods and services, % of GDP |
24.7%
2024 |
52.8%
2024 |
Economic freedom indices
The indices of economic freedom below are issued by the Heritage Foundation. Higher scores indicate stronger economic health.
|
Australia
|
Congo
|
|
|---|---|---|
| Economic freedom | 79.3 | 48.6 |
| Economic freedom ranking | 7/197 | 169/197 |
| Property rights | 90.4 | 30.8 |
| Government integrity | 86.2 | 13.2 |
| Judicial effectiveness | 95.3 | 14.9 |
| Tax burden | 62.1 | 75.5 |
| Government spending | 54.8 | 86.2 |
| Fiscal health | 79.5 | 80.4 |
| Business freedom | 92.5 | 36.9 |
| Labor freedom | 65.3 | 52.5 |
| Monetary freedom | 75 | 77.7 |
| Trade freedom | 90 | 49.6 |
| Investment freedom | 80 | 35 |
| Financial freedom | 80 | 30 |
Economic freedom by year comparison
The Economic Freedom Index for Australia is 79.3, ranking 7/197, compared to 48.6 for the Congo, ranking 169/197. The chart below displays a comparison of annual changes in economic freedom indexes.
| Year | Economic freedom index | |
|---|---|---|
|
Australia
|
Congo
|
|
| 1995 | 74.1 | - |
| 1996 | 74 | 40.3 |
| 1997 | 75.5 | 42.2 |
| 1998 | 75.6 | 33.8 |
| 1999 | 76.4 | 41.6 |
| 2000 | 77.1 | 40.6 |
| 2001 | 77.4 | 44.3 |
| 2002 | 77.3 | 45.3 |
| 2003 | 77.4 | 47.7 |
| 2004 | 77.9 | 45.9 |
| 2005 | 79 | 46.2 |
| 2006 | 79.9 | 43.8 |
| 2007 | 81.1 | 44.4 |
| 2008 | 82.2 | 45.3 |
| 2009 | 82.6 | 45.4 |
| 2010 | 82.6 | 43.2 |
| 2011 | 82.5 | 43.6 |
| 2012 | 83.1 | 43.8 |
| 2013 | 82.6 | 43.5 |
| 2014 | 82 | 43.7 |
| 2015 | 81.4 | 42.7 |
| 2016 | 80.3 | 42.8 |
| 2017 | 81 | 40 |
| 2018 | 80.9 | 38.9 |
| 2019 | 80.9 | 39.7 |
| 2020 | 82.6 | 41.8 |
| 2021 | 82.4 | 50.7 |
| 2022 | 77.7 | 48.5 |
| 2023 | 74.8 | 48.1 |
| 2024 | 76.2 | 47.8 |
| 2025 | 79.3 | 48.6 |
More economic indicators
|
Australia
|
Congo
|
|
|---|---|---|
| Services, % of GDP |
65.5%
2024 |
45%
2024 |
| Industry, % of GDP |
26%
2024 |
40.1%
2024 |
| Agriculture, forestry, and fishing, % of GDP |
2.22%
2024 |
9.44%
2024 |
|
GNI, Atlas method
|
$1.7T
2024 |
$15.2B
2024 |
| GNI per capita, PPP |
$68,800
2024 |
$6,700
2024 |
| Total reserves including gold |
$60.4B
2024 |
$715M
2023 |
| Total reserves ranking |
39/177
2024 |
148/177
2023 |
|
Net foreign direct investment
|
-$39.4B
2024 |
$330M
2021 |
|
Net inflows of foreign direct investment
|
$54.2B
2024 |
$604M
2024 |
|
Net outflows of foreign direct investment
|
$14.8B
2024 |
$25.4M
2024 |
|
Servicing debt to the IMF, % of GNI
|
n/a |
5.31%
2023 |
| Poverty at national poverty lines | n/a |
40.9%
2011 |
|
Gross capital formation, % of GDP
|
24.4%
2024 |
26.8%
2024 |
GDP per capita map
GDP per capita
Compare countries by 7 more topics
Relevant pages:
By topic
vs
comparisons:
Economy comparisons
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.
Principal and interest payments to the IMF in currency, goods, or services on long-term debt expressed as a share of GNI.
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.