Australia vs Monaco: Economic Indicators Comparison

Australia with a GDP of $1.4T ranked the 13th largest economy in the world, while Monaco ranked 149th with $7.2B. By GDP per capita, Australia and Monaco ranked 13th vs 1st, respectively.

Gross Domestic Product & Income

Stat	Australia	Monaco
GDP	$1.4T	$7.2B
GDP growth, 1 year	2.8%	6.1%
GDP growth, 5-years average	2.6%	N/A
Population	24.5M	39k
GDP per capita	$57k	$186k
GDP per capita growth	1.33%	5.3%
Purchasing Power Parity conversion factor	1.43	N/A
Price level ratio of PPP conversion factor GDP to market exchange rate	1.11	N/A
GDP per capita, PPP adjusted	$52k	$98k
GNI, Atlas method	$1.3T	N/A
GNI per capita	$53k	N/A
GNI, PPP adjusted	$1.3T	N/A
GNI per capita, PPP adjusted	$50k	N/A

Financial system and Human development

Stat	Australia	Monaco
Income Tax Rate	45%	N/A
Corporate Tax Rate	30%	N/A
Inflation, consumer prices	2%	N/A
Inflation, GDP deflator	1.9%	0.8%
Unemployment	5.4%	6.3%
Economic Freedom Index	82.6	83
Personal Freedom Index	9.29	8.7
Human Freedom Index	8.73	8.7
Property Rights Index	82.8	N/A
Judical Effectiveness Index	86.1	N/A
Business Freedom Index	87.8	N/A
Fiscal Health Index	91.8	N/A
Labor Freedom Index	84	N/A
Investment Freedom Index	80	N/A
Financial Freedom Index	90	N/A
Trade Freedom Index	88.2	N/A
Monetary Freedom Index	86.2	N/A
Government Spending Index	61.6	N/A
Tax Burden Index	63	N/A
Government Integrity Index	89.3	N/A
Corruption Perceptions Index	77	82
Life expectancy at birth, years	82.5	89.7
Suicide mortality rate, per 100,000 people	13.2	0.2
Mortality caused by road traffic injury, per 100,000 people	5.6	0
Intentional homicides, per 100,000 people	0.8	0
International tourism, number of arrivals	9.2M	347k

Government debt & reserves

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

Exports, imports and economic structure

Stat	Australia	Monaco
Exports of goods and services, % of GDP	21.8%	N/A
Imports of goods and services, % of GDP	21.4%	N/A
Current account balance (balance of payments)	-$29.7B	N/A
Revenue excluding grants, % of GDP	25.7%	N/A
Grants excluding technical cooperation, BoP	N/A	N/A
Personal remittances received	$1.9B	N/A
Industry including construction value added, % of GDP	24.1%	13.1%
Agriculture, forestry and fishing value added, % of GDP	2.5%	N/A
Charges for the use of intellectual property, payments BoP	$3.6B	N/A
Charges for the use of intellectual property, receipts BoP	$973.4M	N/A
Expense, % of GDP	26.1%	N/A
Government Expenditure, % of GDP	35.8%	N/A