Indicators of economy in Australia

The essential economic performance of a country is reflected by the gross domestic product. So the total of all goods and services sold. Worldwide gross domestic product in 2019 was at about 11.163 US Dollar per capita. The GDP in Australia reached 54.907 US Dollar per capita. The gross national product has been at 54.910 US Dollar per capita.

Inflation in Australia was in 2019 at around 1.61%. For the the EU, the average of the same was year at 1.63%.

Compared to Germany, the prices of daily necessities are approximately 17.80% higher.
The Corruption Perceptions Index for the public sector counts 77 and is compared to other countries good.


Back to overview: Australia

Unemployment rates in percent 1991 - 2019

Unemployment rates Australia

Economic performance 2019

 Australia
Total
Australia
per capita
EU
Total
EU
per capita
GDP1,392.68 bn USD54,907.10 USD15,592.80 tn USD30,315.74 USD
Gross national product1,392.77 bn USD54,910.75 USD15,985.73 tn USD31,079.69 USD


32 of the 2000 largest listed companies in the world originate from Australia. This is determined annually in the "Forbes Global 2000" list. The 10 largest companies in the country were in 2020:

Rank 84: Commonwealth Bank (Sydney)
Rank 93: BHP Group (Melbourne)
Rank 127: Westpac Banking Group (Sydney)
Rank 164: ANZ (Docklands)
Rank 191: NAB - National Australia Bank (Melbourne)
Rank 319: Macquarie Group (Sydney)
Rank 415: Woolworths (Sydney)
Rank 453: Telstra (Melbourne)
Rank 476: Fortescue Metals Group (East Perth)
Rank 515: Wesfarmers (Perth)

Development of the Gross domestic product in billion US Dollar 1979 - 2019


GDP Australia
Development of inflation
Corruption in Australia
Cost of living in a global comparison

Im- and Exports 2019

 Australia
Total
Australia
per capita
EU
Total
EU
per capita
Exports342.65 bn USD13,509.17 USD8,590.51 bn USD16,701.80 USD
Imports295.62 bn USD11,654.78 USD8,032.20 bn USD15,616.32 USD


Development of imports and exports in billion US dollars 1989 - 2019


Exports
Imports