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Economy of Australia vs Tajikistan compared: GDP & Debt

Updated on by Georank team

Australia has a GDP of $1.76T compared to $14.2B for Tajikistan, ranking 14/197 and 145/197 by economy size, respectively.

Australia has $891B in government debt (50.7% of GDP), compared to $3.54B (24.9% of GDP) in Tajikistan.

Australia vs Tajikistan GDP by year

Australia
Tajikistan
1x
Year GDP, current $
Australia Tajikistan
2024 $1,757,022,451,653 $14,204,575,549
2023 $1,734,451,264,656 $12,244,169,293
2022 $1,695,627,535,476 $10,713,525,200
2021 $1,560,617,493,203 $8,937,805,347
2020 $1,333,336,461,648 $8,133,963,551
2019 $1,398,349,602,956 $8,300,813,599
2018 $1,433,144,978,762 $7,764,999,999
2017 $1,330,890,554,614 $7,536,402,853
2016 $1,211,588,128,418 $6,992,416,097
2015 $1,356,805,839,936 $8,271,431,485
2014 $1,474,677,007,566 $9,112,605,459
2013 $1,583,737,461,925 $8,448,411,318
2012 $1,552,728,401,402 $7,633,036,903
2011 $1,402,939,868,653 $6,522,756,255
2010 $1,152,566,632,022 $5,642,221,099
2009 $931,761,689,771 $4,979,472,364
2008 $1,058,448,244,064 $5,161,299,725
2007 $856,603,595,823 $3,719,524,541
2006 $749,708,370,333 $2,830,213,849
2005 $696,811,489,613 $2,312,352,021
2004 $615,643,050,221 $2,076,176,869
2003 $468,517,181,130 $1,555,318,261
2002 $396,436,967,263 $1,221,106,220
2001 $380,360,222,861 $1,080,772,551
2000 $416,901,962,163 $860,541,842
1999 $390,347,787,943 $1,086,612,290
1998 $400,361,527,505 $1,320,199,582
1997 $436,321,902,767 $921,518,033
1996 $401,962,517,479 $1,043,654,822
1995 $368,725,126,225 $1,231,561,860
1994 $323,269,456,935 $1,522,001,206
1993 $312,568,858,910 $1,646,623,195
1992 $325,982,966,981 $1,908,554,572
1991 $326,416,407,861 $2,536,585,366
1990 $311,840,666,465 $2,629,395,066
1989 $300,264,309,002 -
1988 $236,461,079,970 -
1987 $189,726,707,253 -
1986 $182,707,050,923 -
1985 $180,861,108,959 -
1984 $193,749,932,078 -
1983 $177,523,719,680 -
1982 $194,323,071,831 -
1981 $177,151,979,566 -
1980 $150,200,557,103 -
1979 $135,093,718,051 -
1978 $118,660,813,780 -
1977 $110,504,702,914 -
1976 $105,209,354,856 -
1975 $97,440,939,506 -
1974 $89,086,219,602 -
1973 $63,923,126,201 -
1972 $52,117,990,654 -
1971 $45,283,847,245 -
1970 $41,395,206,623 -
1969 $36,738,245,878 -
1968 $32,763,365,242 -
1967 $30,487,524,878 -
1966 $27,349,284,376 -
1965 $26,014,244,162 -
1964 $23,835,843,814 -
1963 $21,573,443,452 -
1962 $19,953,923,193 -
1961 $19,713,123,154 -
1960 $18,635,682,982 -

Data sources: World Bank | Economy & Growth (1960–2024, retrieved 2026-04-06).

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

GDP per capita in Australia vs Tajikistan by year

Australia
GDP per capita

GDP per capita, PPP
Tajikistan
GDP per capita

GDP per capita, PPP
1x
Year Current $
Australia Tajikistan
GDP per capita GDP per capita, PPP GDP per capita GDP per capita, PPP
2024 $64,604 $72,111 $1,341 $5,406
2023 $65,058 $72,273 $1,178 $4,964
2022 $65,170 $66,103 $1,052 $4,514
2021 $60,759 $58,327 $897 $3,986
2020 $51,983 $54,184 $834 $3,654
2019 $55,195 $52,886 $871 $3,460
2018 $57,410 $50,371 $834 $3,069
2017 $54,118 $48,565 $829 $3,017
2016 $50,084 $47,446 $789 $2,914
2015 $56,970 $46,465 $957 $2,975
2014 $62,817 $47,109 $1,082 $3,152
2013 $68,477 $46,123 $1,028 $2,919
2012 $68,301 $43,007 $952 $2,679
2011 $62,799 $42,153 $834 $2,456
2010 $52,314 $39,504 $737 $2,291
2009 $42,955 $40,434 $665 $2,171
2008 $49,811 $37,616 $703 $2,120
2007 $41,128 $36,708 $517 $1,966
2006 $36,659 $34,890 $401 $1,810
2005 $34,535 $33,090 $334 $1,673
2004 $30,886 $31,815 $306 $1,550
2003 $23,758 $30,167 $233.6 $1,396
2002 $20,335 $29,080 $187 $1,257
2001 $19,734 $27,688 $168.7 $1,139
2000 $21,909 $26,585 $136.9 $1,036
1999 $20,750 $25,531 $175 $947
1998 $21,516 $24,386 $213.7 $905
1997 $23,683 $23,142 $150.1 $855
1996 $22,056 $22,134 $172 $836
1995 $20,479 $21,050 $207 $1,006
1994 $18,156 $20,174 $261.3 $1,148
1993 $17,725 $19,220 $287.6 $1,454
1992 $18,650 $18,259 $338 $1,721
1991 $18,885 $17,839 $458 $2,417
1990 $18,274 $17,385 $487 $2,583
1989 $17,858 - - -
1988 $14,303 - - -
1987 $11,666 - - -
1986 $11,406 - - -
1985 $11,455 - - -
1984 $12,436 - - -
1983 $11,532 - - -
1982 $12,798 - - -
1981 $11,871 - - -
1980 $10,223 - - -
1979 $9,308 - - -
1978 $8,264 - - -
1977 $7,786 - - -
1976 $7,497 - - -
1975 $7,014 - - -
1974 $6,492 - - -
1973 $4,778 - - -
1972 $3,955 - - -
1971 $3,500 - - -
1970 $3,310 - - -
1969 $2,996 - - -
1968 $2,728 - - -
1967 $2,584 - - -
1966 $2,347 - - -
1965 $2,284 - - -
1964 $2,134 - - -
1963 $1,970 - - -
1962 $1,858 - - -
1961 $1,880 - - -
1960 $1,813 - - -

Data sources: World Bank | Economy & Growth (1960–2024, retrieved 2026-04-06).

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

Australia's GDP per capita is $64,604, ranking 14/197, compared to $1,341 in Tajikistan, ranking 166/197. Adjusted for purchasing power (GDP per capita PPP), Australia ranks 22nd at $72,111, while Tajikistan ranks 157th at $5,406.

Economic indicators

Australia Tajikistan
Gross domestic product
$1.76T
2024
$14.2B
2024
GDP rank
14/197
2024
145/197
2024
GDP growth
1.37%
2023-2024
8.4%
2023-2024
GDP per capita
$64,604
2024
$1,341
2024
GDP per capita rank
14/197
2024
166/197
2024
GDP per capita, PPP
$72,111
2024
$5,406
2024
GDP per capita PPP rank
22/197
2024
157/197
2024
Government debt
$891B
2024
$3.54B
2024
Debt-to-GDP ratio
50.7%
2024
24.9%
2024
Government debt per person
$32,764
2024
$335
2024
Government debt per person rank
22/185
2024
175/185
2024
Average annual personal income after taxes
$49,463
2026
$2,591
2026
Market capitalization of domestic companies
$1.74T
2024
n/a
Number of millionaires
1,904,000
2025
n/a
Number of billionaires
47
2025
n/a
Income share by richest 10%
25.5%
2020
28.2%
2024
Income share by poorest 10%
2.7%
2020
2.9%
2024
Government expenditure, % of GDP
38.9%
2024
27.7%
2024
Consumer prices inflation
3.16%
2023-2024
3.5%
2023-2024
Central bank interest rate
3.6%
2025
7.75%
2025
Unemployment rate
3.94%
2024
0.08%
2016
Population
27799169
11038274

Spending and national debt comparison by year

Australia
Spending

Debt
Tajikistan
Spending

Debt
1x
Year % of GDP
Australia Tajikistan
Government spending Government debt Government spending Government debt
2024 38.9% 50.7% 27.7% 24.9%
2023 37.6% 49.6% 28% 29.9%
2022 37.6% 50.2% 27.4% 31.8%
2021 41.8% 55.5% 27.6% 42%
2020 44.4% 57.1% 29.2% 50.9%
2019 38.9% 46.7% 28.8% 43.2%
2018 36.9% 41.8% 30.9% 46.3%
2017 36.8% 41.2% 33.8% 46.3%
2016 37.3% 40.6% 32.7% 42.2%
2015 37.3% 37.7% 31.9% 35%
2014 36.7% 34% 27.5% 27.9%
2013 36.4% 30.5% 27.7% 29.3%
2012 36.5% 27.5% 24.7% 32.5%
2011 36.3% 24% 24.3% 35.5%
2010 37% 20.3% 25.9% 36.8%
2009 37.8% 16.6% 23.6% 36.9%
2008 35.1% 11.7% 20.2% 30.2%
2007 34.3% 9.67% 20.3% 34.3%
2006 34.5% 9.94% 21.6% 36.8%
2005 34.6% 10.9% 22.9% 45.8%
2004 34.8% 11.9% 20.2% 49.4%
2003 34.9% 13.2% 19.1% 69.8%
2002 34.9% 15% 19.1% 98.3%
2001 35.6% 17.1% 17.3% 99.4%
2000 35.2% 19.5% 18.1% 111.4%
1999 36.2% 22.5% 17.5% 107.8%
1998 34.6% 23.7% 17.1% 96.6%
1997 32.8% 25.9% - -
1996 33.5% 29.3% - -
1995 33.7% 31.1% - -
1994 33.7% 31.7% - -
1993 34.1% 30.7% - -
1992 34.1% 27.6% - -
1991 33.1% 21.6% - -
1990 30.5% 16.4% - -
1989 34.5% 17% - -
1988 34.6% 20.5% - -
1987 36% 25.2% - -
1986 38.4% 25.5% - -
1985 38.7% 24% - -
1984 38.4% 22.3% - -
1983 37% 21% - -
1982 36.7% 16.8% - -
1981 33.4% 19.1% - -
1980 33.2% 21.2% - -
1979 32.5% 22.8% - -
1978 33.2% 24.7% - -
1977 34.1% 23.6% - -
1976 33.3% 22.9% - -
1975 33% 23.6% - -
1974 30.9% 22.3% - -
1973 26.6% 27.3% - -
1972 27% 30.7% - -
1971 26.1% 32.2% - -
1970 25.3% 34.9% - -
1969 24.7% 36.7% - -
1968 25.3% 39.4% - -
1967 26.4% 40.5% - -
1966 25.6% 42.4% - -
1965 25.8% 43.7% - -
1964 23.5% 44.9% - -
1963 23% 47.5% - -
1962 22.7% 50.2% - -
1961 23.3% 49.3% - -
1960 21.8% 48.3% - -

Data sources: International Monetary Fund (IMF) | Fiscal Monitor (1990–2024, retrieved 2026-02-20); International Monetary Fund (IMF) | Public Finances in Modern History (1960–1989, retrieved 2026-02-20).

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

In 2024, Australia's government spending was $684B, accounting for 38.9% of its GDP, while Tajikistan spent $3.93B, or 27.7% of GDP.

Debt-to-GDP ratio is 50.7% in Australia and 24.9% in Tajikistan, ranking 104/185 and 166/185, respectively.

Government deficit by year

Deficit/surplus
Australia

Tajikistan
1x
Year Deficit/surplus, % of GDP
Australia Tajikistan
2024 -2.25% 0.28%
2023 -1.27% -0.93%
2022 -2.21% -0.23%
2021 -6.37% -0.64%
2020 -8.73% -4.34%
2019 -4.41% -2.04%
2018 -1.26% -2.69%
2017 -1.72% -5.65%
2016 -2.42% -2.91%
2015 -2.79% -1.96%
2014 -2.92% 0.92%
2013 -2.81% -0.73%
2012 -3.51% 0.41%
2011 -4.53% 0.6%
2010 -5.12% -2.71%
2009 -4.56% -0.2%
2008 -1.1% 1.94%
2007 1.47% 2.13%
2006 1.77% 2%
2005 1.71% -2.83%
2004 1.32% -2.32%
2003 1.05% -1.74%
2002 0.19% -2.4%
2001 -0.03% -2.11%
2000 1.25% -4.51%
1999 0.67% -4.03%
1998 -0.25% -5.09%
1997 -0.49% -
1996 -1.46% -
1995 -2.6% -
1994 -3.79% -
1993 -4.73% -
1992 -4.74% -
1991 -2.79% -
1990 -0.23% -
1989 -1.29% -
1988 -0.77% -
1987 -1.66% -
1986 -3.5% -
1985 -5.24% -
1984 -5.48% -
1983 -5.66% -
1982 -5.19% -
1981 -3.25% -
1980 -2.87% -
1979 -2.32% -
1978 -4.19% -
1977 -4.39% -
1976 -3.44% -
1975 -3.47% -
1974 -2.46% -
1973 0.16% -
1972 -0.97% -
1971 -0.23% -
1970 -0.23% -
1969 0.53% -
1968 -0.7% -
1967 -1.65% -
1966 -1.77% -
1965 -1.46% -
1964 0.19% -
1963 -0.26% -
1962 -0.38% -
1961 -0.78% -
1960 0.47% -
1959 0.06% -
1958 -0.25% -
1957 -0.33% -
1956 1% -
1955 0.08% -
1954 -0.27% -
1953 -0.86% -
1952 -0.44% -
1951 1.85% -
1950 4.29% -
1949 0.72% -
1948 2% -
1947 -0.45% -
1946 -4.09% -
1945 -8.87% -
1944 -11.8% -
1943 -12.4% -
1942 -5.17% -
1941 -2.14% -
1940 0.51% -
1939 0.77% -
1938 0.24% -
1937 0.28% -
1936 0.17% -
1935 0.24% -
1934 0.28% -
1933 0.28% -
1932 0.02% -
1931 -0.8% -
1930 -1% -
1929 -0.53% -
1928 -0.69% -
1927 -0.5% -
1926 -0.31% -
1925 -0.26% -
1924 -0.5% -
1923 -0.33% -
1922 -0.94% -
1921 -2% -
1920 -2.43% -
1919 -4.8% -
1918 -4.36% -
1917 -4.99% -
1916 -3.47% -
1915 -1.11% -
1914 -0.29% -
1913 0% -
1912 0.12% -
1911 0.39% -
1910 0.39% -
1909 0.37% -
1908 -0.15% -
1907 0.41% -
1906 0.23% -
1905 0.11% -
1904 -0.13% -
1903 -0.02% -
1902 0.16% -
1901 1.46% -

Data sources: International Monetary Fund (IMF) | Public Finances in Modern History (1901–1989, retrieved 2026-02-20); International Monetary Fund (IMF) | Fiscal Monitor (1990–2024, retrieved 2026-02-20).

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

In 2024, Australia's government deficit, the difference between spending and revenue, was $39.5B, equivalent to 2.25% of GDP. This compares to Tajikistan's surplus of $39.2M, or 0.28% of GDP.

Over the past 27 years, Australia recorded a fiscal deficit in 19 of those years, while Tajikistan ran a deficit in 20 years. On average, Australia posted an annual deficit equal to 1.81% of GDP, compared to deficit of 1.55% of GDP for Tajikistan.

Inflation comparison by year

Inflation
Australia

Tajikistan
1x
Year Consumer prices inflation
Australia Tajikistan
2024 3.16% 3.5%
2023 5.6% 3.7%
2022 6.59% 6.6%
2021 2.86% 9%
2020 0.85% 8.6%
2019 1.61% 7.8%
2018 1.91% 3.8%
2017 1.95% 7.3%
2016 1.28% 5.9%
2015 1.51% 5.8%
2014 2.49% 6.1%
2013 2.45% 5%
2012 1.76% 5.8%
2011 3.3% 12.4%
2010 2.92% 6.5%
2009 1.77% 6.4%
2008 4.35% 20.4%
2007 2.33% 13.2%
2006 3.56% 10%
2005 2.69% 7.3%
2004 2.34% 7.2%
2003 2.73% 16.4%
2002 2.98% 12.2%
2001 4.41% 38.6%
2000 4.46% 32.9%
1999 1.48% 27.5%
1998 0.86% 43.2%
1997 0.22% 88%

Data sources: International Monetary Fund (IMF) | World Economic Outlook (1997–2024, retrieved 2026-02-20); World Bank | Economy & Growth (1997–2024, retrieved 2026-04-06).

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

Over the past 28 years, Australia has recorded an average annual inflation rate of 2.66%, compared with 15% in Tajikistan. In 2024, inflation was 3.16% in Australia and 3.5% in Tajikistan.

Top exports between countries

Australia
Export category Export value
Machinery & equipment $392K
Miscellaneous $13K
Textiles & consumer goods $2K
Tajikistan
Export category Export value

Balance of trade

Australia Tajikistan
Current account balance
-$34.8B
2024
$887M
2024
Current account balance ranking
187/190
2024
54/190
2024
Current account balance, % of GDP
-1.98%
2024
+6.24%
2024
Goods imports
$297B
2024
$5.94B
2024
Goods exports
$341B
2024
$1.42B
2024
Service imports
$109B
2024
$971M
2024
Service exports
$84.1B
2024
$195M
2024
Imports of goods and services, % of GDP
22.5%
2024
48.4%
2023
Exports of goods and services, % of GDP
24.6%
2024
17.2%
2023

Economic freedom indices

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

Australia Tajikistan
Economic freedom 80.1 52.5
Economic freedom ranking 5/197 147/197
Property rights 88.2 28.4
Government integrity 88.1 18.5
Judicial effectiveness 96.3 10.1
Tax burden 61.8 94.2
Government spending 56.6 77
Fiscal health 89 98.6
Business freedom 92.3 60.6
Labor freedom 61.5 43.4
Monetary freedom 77.2 72.6
Trade freedom 89.8 72.2
Investment freedom 80 25
Financial freedom 80 30

Economic freedom comparison by year

Australia
Tajikistan
1x
Year Economic freedom index
Australia Tajikistan
2026 80.1 52.5
2025 79.3 51.5
2024 76.2 51.3
2023 74.8 50.6
2022 77.7 49.7
2021 82.4 55.2
2020 82.6 52.2
2019 80.9 55.6
2018 80.9 58.3
2017 81 58.2
2016 80.3 51.3
2015 81.4 52.7
2014 82 52
2013 82.6 53.4
2012 83.1 53.4
2011 82.5 53.5
2010 82.6 53
2009 82.6 54.6
2008 82.2 54.4
2007 81.1 53.6
2006 79.9 52.6
2005 79 50.4
2004 77.9 48.7
2003 77.4 46.5
2002 77.3 47.3
2001 77.4 46.8
2000 77.1 44.8
1999 76.4 41.2
1998 75.6 41.1
1997 75.5 -
1996 74 -
1995 74.1 -

Data sources: The Heritage Foundation | Economic Freedom Index (1995–2026, retrieved 2026-03-09).

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

The Economic Freedom Index for Australia is 80.1, ranking 5/197, compared to 52.5 for Tajikistan, ranking 147/197. The chart above displays a comparison of annual changes in economic freedom indexes.

Other economic metrics

Australia Tajikistan
Services, % of GDP
66.1%
2024
34.7%
2023
Industry, % of GDP
25.5%
2024
33.6%
2023
Agriculture, forestry, and fishing, % of GDP
2.04%
2024
22.9%
2023
GNI, Atlas method
$1.7T
2024
$17.5B
2024
GNI per capita, PPP
$69,600
2024
$7,100
2024
Total reserves including gold
$60.4B
2024
$3.3B
2023
Total reserves ranking
39/177
2024
117/177
2023
Net foreign direct investment
-$39.2B
2024
-$190M
2024
Net inflows of foreign direct investment
$53.4B
2024
$291M
2024
Net outflows of foreign direct investment
$13.9B
2024
$101M
2024
Servicing debt to the IMF, % of GNI n/a
3.07%
2024
Poverty at national poverty lines n/a
19.8%
2024
Gross capital formation, % of GDP
24.3%
2024
31.7%
2023

GDP per capita map

1x

Data sources: World Bank | Economy & Growth (1985–2024, retrieved 2026-04-06); U.S. Census Bureau (1985–2024, retrieved 2026-02-08).

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

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Data sources:

  1. World Bank | Economy & Growth (1960–2024, retrieved 2026-04-06)
  2. International Monetary Fund (IMF) | Fiscal Monitor (1990–2024, retrieved 2026-02-20)
  3. International Monetary Fund (IMF) | Public Finances in Modern History (1901–1989, retrieved 2026-02-20)
  4. The Heritage Foundation | Economic Freedom Index (1995–2026, retrieved 2026-03-09)
  5. U.S. Census Bureau (1985–2024, retrieved 2026-02-08)
  6. TradeMap (2023–2024, retrieved 2026-02-08)
  7. United Nations | World Population Prospects (2026, retrieved 2026-03-10)
  8. LivingCost (2026, retrieved 2025-10-14)

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.

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.