ECONDEX

Economic and development data for every country, explained with the numbers checked.

Australia

East Asia & Pacific. High income. Capital: Canberra. Population 27,614,411 (2025).

Key trends

GDP per person (PPP) (constant international $)
39,094 49,669 60,244 1995 2025 60,194
GDP growth (%)
−0.0 2.4 4.9 1995 2025 1.4
Inflation, consumer prices (% annual)
0.7 3.6 6.5 1995 2025 2.9
Life expectancy at birth (years)
77.9 80.6 83.2 1995 2024 83.1

Indicators

Each country reports for different years, so check the year beside every figure. Rank 1 is the highest value among countries with recent data.

Economy

IndicatorLatestYear 5-yr change10-yr change RankTrend
GDP per person (PPP)constant international $ 60,194 2025 +2,934 +4,314 29 of 199
GDP growth% 1.4% 2025 +1.5 pp −0.8 pp 162 of 209
GDP per person growth% −0.2% 2025 +1.2 pp −0.9 pp 178 of 209
GNI per person (Atlas method)current US$ 64,120 2025 +10,350 +3,340 16 of 201
Trade% of GDP 45.9% 2025 +1.4 pp +4.4 pp 153 of 183
Foreign direct investment, net inflows% of GDP 2.1% 2025 +0.7 pp −1.4 pp 97 of 195
Central government debt% of GDP 57.9% 2022 +4.8 pp +18.6 pp 23 of 48

Prices and jobs

IndicatorLatestYear 5-yr change10-yr change RankTrend
Inflation, consumer prices% annual 2.9% 2025 +2.0 pp +1.4 pp 96 of 180
Unemployment (modelled ILO estimate)% of labour force 4.1% 2025 −2.3 pp −2.0 pp 118 of 186

People and health

IndicatorLatestYear 5-yr change10-yr change RankTrend
Populationpeople 27,614,411 2025 +1,965,163 +3,798,416 55 of 217
Population growth% annual 1.5% 2025 +0.3 pp +0.1 pp 69 of 217
Urban population% of total 87.7% 2025 +0.4 pp +0.8 pp 41 of 217
Life expectancy at birthyears 83.1 2024 +0.2 +0.8 22 of 217
Infant mortalityper 1,000 live births 3.1 2024 −0.1 −0.3 168 of 196
Health spending% of GDP 10.4% 2023 +0.3 pp +1.7 pp 25 of 193

Education

IndicatorLatestYear 5-yr change10-yr change RankTrend
Government spending on education% of GDP 5.1% 2022 – – 53 of 171

Access and infrastructure

IndicatorLatestYear 5-yr change10-yr change RankTrend
Internet users% of population 96.1% 2024 +2.5 pp +12.1 pp 19 of 185
Access to electricity% of population 100.0% 2024 0.0 pp 0.0 pp 7 of 215

Inequality and poverty

IndicatorLatestYear 5-yr change10-yr change RankTrend
Gini index (inequality)index, 0 to 100 33.8 2020 * +0.1 −0.9 –
Poverty headcount ratio% of population, at the World Bank international poverty line 0.9% 2020 * +0.4 pp +0.4 pp –

Environment and energy

IndicatorLatestYear 5-yr change10-yr change RankTrend
Renewable energy% of final energy consumption 12.3% 2021 +2.7 pp +4.0 pp 130 of 212

* Latest figure is too old to be included in rankings or peer medians.

Advanced metrics

Indicator Own history Versus peers (latest) Growth and catch-up
10-yr meanZ-score Income group medianRegion medianVolatility (σ) 10-yr CAGR% of high-income median10 yrs earlier
GDP per person (PPP) 58,160 +1.2 49,305 13,961 1,670 +0.8% 122% 125%
GDP growth 2.3% −0.8 2.2% 3.6% 1.2 – – –
GDP per person growth 0.8% −0.9 1.7% 3.4% 1.2 – – –
GNI per person (Atlas method) 57,296 +1.6 37,020 7,690 4,258 +0.5% 178% 223%
Trade 44.1% +0.6 100.6% 98.8% 2.9 – – –
Foreign direct investment, net inflows 3.0% −1.0 2.1% 2.1% 1.0 – – –
Central government debt 52.5% +0.5 68.4% 52.0% 11.5 – – –
Inflation, consumer prices 2.7% +0.1 2.3% 2.1% 1.9 – – –
Unemployment (modelled ILO estimate) 5.1% −1.0 5.1% 3.0% 1.0 – – –
Population 25,410,516 +2.1 2,930,494 1,418,517 1,061,971 +1.5% 942% 906%
Population growth 1.5% +0.1 0.4% 0.6% 0.6 – – –
Urban population 87.2% +2.2 81.3% 65.4% 0.2 – – –
Life expectancy at birth 82.8 +0.7 81.3 73.0 0.4 – – –
Infant mortality 3.2 −1.5 3.6 13.9 0.1 – – –
Health spending 10.0% +0.7 8.0% 5.9% 0.5 – – –
Internet users 90.9% +1.0 93.5% 84.6% 5.2 – – –
Access to electricity 100.0% – 100.0% 100.0% 0.0 – – –
Renewable energy 9.5% +3.2 11.4% 11.4% 0.9 – – –

Compare Australia with other countries