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Australia
Australia
HistorySaid – pattern
Australia matched the Export Boom Cycle pattern in 2021. 2 pattern matches detected historically. View →
HistorySaid – ranking
Australia ranks 177th globally by GDP ($1.76T in 2024). View →
HistorySaid – inflation
Inflation in Australia fell from 5.6% (2023) to 3.2% (2024) – a 2.4pp shift. View →
HistorySaid – population
Australia has a population of 27.2 million as of 2024 (growth: 2.01%). View →
Economy & Growth
GDP $1.76T
GDP per Capita $64,604
GDP Growth 1.37%
▾
| Indicator | 2022 | 2023 | 2024 | 2025 | 2026 | 2027 | 2028 | 2029 | 2030 |
|---|---|---|---|---|---|---|---|---|---|
| Agriculture Value Added | 2.67% | 2.57% | 2.04% | 2.41% Trend | 2.44% Trend | 2.47% Trend | – | – | – |
| GDP | $1.70T | $1.73T | $1.76T | $1.83T IMF WEO Oct 2025 | $1.95T IMF WEO Oct 2025 | $2.04T IMF WEO Oct 2025 | $2.13T IMF WEO Oct 2025 | $2.23T IMF WEO Oct 2025 | $2.34T IMF WEO Oct 2025 |
| GDP Deflator | 7.20% | 6.46% | 2.59% | 5.69% Trend | 6.17% Trend | 6.66% Trend | – | – | – |
| GDP Growth | 4.25% | 3.58% | 1.37% | 1.81% IMF WEO Oct 2025 | 2.15% IMF WEO Oct 2025 | 2.15% IMF WEO Oct 2025 | 2.23% IMF WEO Oct 2025 | 2.25% IMF WEO Oct 2025 | 2.30% IMF WEO Oct 2025 |
| GDP PPP | $1.72T | $1.93T | $1.96T | $1.98T IMF WEO Oct 2025 | $2.06T IMF WEO Oct 2025 | $2.14T IMF WEO Oct 2025 | $2.22T IMF WEO Oct 2025 | $2.31T IMF WEO Oct 2025 | $2.41T IMF WEO Oct 2025 |
| GDP per Capita | $65,170 | $65,058 | $64,604 | $65,946 IMF WEO Oct 2025 | $69,358 IMF WEO Oct 2025 | $71,626 IMF WEO Oct 2025 | $74,112 IMF WEO Oct 2025 | $76,543 IMF WEO Oct 2025 | $79,263 IMF WEO Oct 2025 |
| GDP per Capita PPP | $66,103 | $72,273 | $72,111 | $71,431 IMF WEO Oct 2025 | $73,361 IMF WEO Oct 2025 | $75,294 IMF WEO Oct 2025 | $77,291 IMF WEO Oct 2025 | $79,459 IMF WEO Oct 2025 | $81,828 IMF WEO Oct 2025 |
| GNI | $1.63T | $1.66T | $1.70T | $1.84T Trend | $1.93T Trend | $2.02T Trend | – | – | – |
| GNI per Capita | $60,790 | $63,320 | $62,680 | $66,732 Trend | $69,124 Trend | $71,516 Trend | – | – | – |
| Gross Savings | 24.93% | 23.78% | 22.92% | 22.46% IMF WEO Oct 2025 | 22.34% IMF WEO Oct 2025 | 22.22% IMF WEO Oct 2025 | 22.25% IMF WEO Oct 2025 | 22.33% IMF WEO Oct 2025 | 22.38% IMF WEO Oct 2025 |
| Industry Value Added | 27.40% | 27.52% | 25.53% | 26.96% Trend | 27.19% Trend | 27.43% Trend | – | – | – |
| Services Value Added | 63.36% | 63.64% | 66.14% | 64.33% Trend | 64.10% Trend | 63.86% Trend | – | – | – |
Italic values are IMF World Economic Outlook projections.
Prices & Inflation
Inflation Rate 3.16%
Consumer Price Index 144.30
PPP Conversion Factor 1.37
▾
| Indicator | 2022 | 2023 | 2024 | 2025 | 2026 | 2027 | 2028 | 2029 | 2030 |
|---|---|---|---|---|---|---|---|---|---|
| Consumer Price Index | 132.47 | 139.88 | 144.30 | 151.12 Trend | 157.38 Trend | 163.64 Trend | – | – | – |
| Inflation Rate | 6.59% | 5.60% | 3.16% | 2.58% IMF WEO Oct 2025 | 3.02% IMF WEO Oct 2025 | 2.61% IMF WEO Oct 2025 | 2.54% IMF WEO Oct 2025 | 2.53% IMF WEO Oct 2025 | 2.50% IMF WEO Oct 2025 |
| PPP Conversion Factor | 1.36 | 1.34 | 1.37 | 1.32 Trend | 1.30 Trend | 1.28 Trend | – | – | – |
Italic values are IMF World Economic Outlook projections.
Population
Population 27.2M
Population Growth 1.99%
Population Density 3.5
▾
| Indicator | 2023 | 2024 | 2025 | 2025 | 2026 | 2027 | 2028 |
|---|---|---|---|---|---|---|---|
| Birth Rate | 10.8 | – | – | 10.6 Trend | 10.4 Trend | – | – |
| Death Rate | 6.9 | – | – | 7.3 Trend | 7.5 Trend | – | – |
| Dependency Ratio | 54.83 | 55.21 | – | 55.63 Trend | 56.01 Trend | 56.39 Trend | – |
| Fertility Rate | 1.50 | – | – | 1.51 Trend | 1.48 Trend | – | – |
| Life Expectancy | 83.1 | – | – | 83.3 Trend | 83.3 Trend | – | – |
| Net Migration | 140,232 | 138,510 | 137,109 | – | 146,184 Trend | 150,006 Trend | 153,828 Trend |
| Population | 26.7M | 27.2M | – | 27.5M Trend | 27.9M Trend | 28.3M Trend | – |
| Population Density | 3.5 | – | – | 3.5 Trend | 3.6 Trend | – | – |
| Population Growth | 2.43% | 1.99% | – | 2.56% Trend | 2.94% Trend | 3.33% Trend | – |
| Refugee Population | – | – | – | – | – | – | – |
| Urban Population | 87.49% | 87.60% | – | 87.66% Trend | 87.75% Trend | 87.84% Trend | – |
Italic values are IMF World Economic Outlook projections.
Employment
Unemployment Rate 4.09%
Youth Unemployment 9.61%
Labor Force Participation 66.54%
▾
| Indicator | 2023 | 2024 | 2025 | 2025 | 2026 | 2027 | 2028 | 2029 | 2030 |
|---|---|---|---|---|---|---|---|---|---|
| Agriculture Employment | 2.15% | 2.23% | 2.18% | – | 2.07% Trend | 2.01% Trend | 1.94% Trend | – | – |
| Female Labor Participation | 62.58% | 62.65% | 62.51% | – | 62.99% Trend | 63.20% Trend | 63.41% Trend | – | – |
| Industry Employment | 19.68% | 19.36% | 19.29% | – | 19.32% Trend | 19.29% Trend | 19.26% Trend | – | – |
| Labor Force Participation | 67.02% | 66.72% | 66.54% | – | 66.85% Trend | 66.91% Trend | 66.97% Trend | – | – |
| Services Employment | 78.17% | 78.41% | 78.53% | – | 78.61% Trend | 78.70% Trend | 78.79% Trend | – | – |
| Unemployment Rate | 3.67% | 3.94% | 4.09% | 4.24% IMF WEO Oct 2025 | 4.32% IMF WEO Oct 2025 | 4.31% IMF WEO Oct 2025 | 4.32% IMF WEO Oct 2025 | 4.30% IMF WEO Oct 2025 | 4.29% IMF WEO Oct 2025 |
| Youth Unemployment | 8.39% | 9.41% | 9.61% | – | 8.77% Trend | 8.56% Trend | 8.35% Trend | – | – |
Italic values are IMF World Economic Outlook projections.
Government
Tax Revenue 23.56%
Government Spending 27.58%
Military Spending 1.88%
▾
| Indicator | 2022 | 2023 | 2024 | 2025 | 2026 | 2027 | 2028 | 2029 | 2030 |
|---|---|---|---|---|---|---|---|---|---|
| Budget Deficit | -2.21% | -1.27% | -2.25% | -2.73% IMF WEO Oct 2025 | -2.31% IMF WEO Oct 2025 | -1.92% IMF WEO Oct 2025 | -1.78% IMF WEO Oct 2025 | -1.63% IMF WEO Oct 2025 | -1.55% IMF WEO Oct 2025 |
| Education Spending | – | – | – | – | – | – | – | – | – |
| Government Debt to GDP | 50.21% | 49.58% | 50.72% | 51.04% IMF WEO Oct 2025 | 50.73% IMF WEO Oct 2025 | 50.51% IMF WEO Oct 2025 | 50.16% IMF WEO Oct 2025 | 49.76% IMF WEO Oct 2025 | 49.36% IMF WEO Oct 2025 |
| Government Revenue | 35.35% | 36.29% | 36.70% | 36.59% IMF WEO Oct 2025 | 36.32% IMF WEO Oct 2025 | 36.12% IMF WEO Oct 2025 | 36.06% IMF WEO Oct 2025 | 36.08% IMF WEO Oct 2025 | 36.08% IMF WEO Oct 2025 |
| Government Spending | 27.58% | – | – | 33.19% Trend | – | – | – | – | – |
| Health Spending | 9.89% | 10.40% | – | 10.14% Trend | 10.09% Trend | – | – | – | – |
| Military Spending | 1.88% | 1.86% | 1.88% | 1.81% Trend | 1.78% Trend | 1.74% Trend | – | – | – |
| Tax Revenue | 23.56% | – | – | 23.39% Trend | – | – | – | – | – |
Italic values are IMF World Economic Outlook projections.
Debt
▾
| Indicator | 2020 | 2021 | 2022 | 2025 |
|---|---|---|---|---|
| Debt Service | – | – | – | – |
| Domestic Credit | – | – | – | – |
| External Debt | – | – | – | – |
| External Debt to GNI | – | – | – | – |
| Interest Payments to Revenue | 3.49% | 3.21% | 3.08% | 2.63% Trend |
| Short-term Debt | – | – | – | – |
Italic values are IMF World Economic Outlook projections.
Money
Lending Rate 5.10%
Deposit Rate 1.56%
Real Interest Rate 1.57%
▾
| Indicator | 2022 | 2023 | 2024 | 2025 | 2026 | 2027 |
|---|---|---|---|---|---|---|
| Credit to GDP | 133.64% | 126.96% | 129.32% | 123.15% Trend | 119.53% Trend | 115.92% Trend |
| Deposit Rate | – | – | – | – | – | – |
| Lending Rate | – | – | – | – | – | – |
| M2 Money Supply Growth | 7.84% | 3.93% | 6.57% | 2.66% Trend | 0.96% Trend | -0.73% Trend |
| Non-Performing Loans | 0.72% | – | – | 0.72% Trend | – | – |
| Real Interest Rate | – | – | – | – | – | – |
Italic values are IMF World Economic Outlook projections.
Currency
Exchange Rate 1.52
Real Effective Exchange Rate 107.04
Foreign Reserves $60.4B
▾
| Indicator | 2024 | 2025 | 2026 | 2025 | 2026 | 2027 | 2028 | 2029 |
|---|---|---|---|---|---|---|---|---|
| Exchange Rate | 1.52 | – | – | 1.54 Trend | 1.57 Trend | 1.60 Trend | – | – |
| Foreign Reserves | $60.4B | – | – | $67.7B Trend | $71.7B Trend | $75.6B Trend | – | – |
| Real Effective Exchange Rate | 92.05 | 101.73 | 107.04 | – | – | 109.43 Trend | 113.75 Trend | 118.07 Trend |
| Reserves in Months of Imports | 1.4 | – | – | 1.3 Trend | 1.2 Trend | 1.1 Trend | – | – |
Italic values are IMF World Economic Outlook projections.
Trade
Exports $425.2B
Imports $406.1B
Trade Balance $36.9B
▾
| Indicator | 2022 | 2023 | 2024 | 2025 | 2026 | 2027 | 2028 | 2029 | 2030 |
|---|---|---|---|---|---|---|---|---|---|
| Current Account Balance | 0.37% | -0.23% | -1.98% | -1.85% IMF WEO Oct 2025 | -1.68% IMF WEO Oct 2025 | -1.87% IMF WEO Oct 2025 | -1.95% IMF WEO Oct 2025 | -1.98% IMF WEO Oct 2025 | -2.04% IMF WEO Oct 2025 |
| Exports | $466.0B | $448.5B | $425.2B | $498.1B Trend | $528.7B Trend | $559.3B Trend | – | – | – |
| FDI Inflows | 4.05% | 2.04% | 3.04% | 3.52% Trend | 3.86% Trend | 4.20% Trend | – | – | – |
| FDI Outflows | 7.51% | 0.77% | 0.79% | 2.24% Trend | 2.30% Trend | 2.37% Trend | – | – | – |
| Imports | $380.0B | $389.2B | $406.1B | $461.3B Trend | $499.0B Trend | $536.6B Trend | – | – | – |
| Remittances Received | $1.2B | $1.6B | $1.8B | $1.9B Trend | $2.1B Trend | $2.3B Trend | – | – | – |
| Tourism Receipts | – | – | – | – | – | – | – | – | – |
| Trade Balance | $88.7B | $75.6B | $36.9B | $61.1B Trend | $61.1B Trend | $61.1B Trend | – | – | – |
| Trade Openness | 45.69% | 49.04% | 47.15% | 49.56% Trend | 50.97% Trend | 52.38% Trend | – | – | – |
Italic values are IMF World Economic Outlook projections.
Financial Markets
Market Capitalization 98.87%
Stock Turnover Ratio 48.66%
Listed Companies 1,853
▾
| Indicator | 2022 | 2023 | 2024 | 2025 | 2026 | 2027 |
|---|---|---|---|---|---|---|
| Interest Rate Spread | – | – | – | – | – | – |
| Listed Companies | 1,976 | 1,914 | 1,853 | 1,876 Trend | 1,860 Trend | 1,844 Trend |
| Market Capitalization | 99.03% | 103.13% | 98.87% | 86.75% Trend | 78.94% Trend | 71.12% Trend |
| Stock Turnover Ratio | 64.88% | 50.19% | 48.66% | 42.83% Trend | 37.67% Trend | 32.51% Trend |
Italic values are IMF World Economic Outlook projections.
Political Stability
Political Stability 0.92
Government Effectiveness 1.59
Regulatory Quality 1.94
▾
| Indicator | 2021 | 2022 | 2023 | 2025 | 2026 |
|---|---|---|---|---|---|
| Control of Corruption | 1.71 | 1.76 | 1.78 | 1.78 Trend | 1.79 Trend |
| Government Effectiveness | 1.47 | 1.53 | 1.59 | 1.56 Trend | 1.57 Trend |
| Political Stability | 0.84 | 0.98 | 0.92 | 0.95 Trend | 0.96 Trend |
| Regulatory Quality | 1.83 | 1.89 | 1.94 | 1.96 Trend | 1.99 Trend |
| Rule of Law | 1.64 | 1.51 | 1.52 | 1.42 Trend | 1.37 Trend |
| Voice and Accountability | 1.36 | 1.32 | 1.51 | 1.55 Trend | 1.60 Trend |
Italic values are IMF World Economic Outlook projections.
Health
Health Expenditure per Capita $6,980
Infant Mortality Rate 3.1
Maternal Mortality Ratio 2.00
▾
| Indicator | 2021 | 2022 | 2023 | 2025 | 2026 |
|---|---|---|---|---|---|
| Health Expenditure per Capita | $7,092 | $6,724 | $6,980 | $7,914 Trend | $8,277 Trend |
| Hospital Beds | – | – | – | – | – |
| Infant Mortality Rate | 3.2 | 3.2 | 3.1 | 3.1 Trend | 3.1 Trend |
| Maternal Mortality Ratio | 4.00 | 4.00 | 2.00 | 1.20 Trend | 0.50 Trend |
| Physicians | 3.98 | 4.09 | – | 4.34 Trend | – |
Italic values are IMF World Economic Outlook projections.
Education
Tertiary Enrollment 104.65%
Education Spending 5.06%
▾
| Indicator | 2021 | 2022 | 2023 | 2025 | 2026 |
|---|---|---|---|---|---|
| Education Spending | 5.34% | 5.06% | – | 5.24% Trend | – |
| Literacy Rate | – | – | – | – | – |
| Primary Enrollment | 99.93% | 99.13% | 99.37% | 98.73% Trend | 98.49% Trend |
| Tertiary Enrollment | 112.69% | 106.24% | 104.65% | 103.05% Trend | 101.63% Trend |
Italic values are IMF World Economic Outlook projections.
Energy
Renewable Energy 12.30%
▾
| Indicator | 2021 | 2022 | 2023 | 2025 | 2026 |
|---|---|---|---|---|---|
| CO2 Emissions | – | – | – | – | – |
| CO2 per Capita | – | – | – | – | – |
| Electricity Access | 100.00% | 100.00% | 100.00% | 100.00% Trend | 100.00% Trend |
| Energy Use per Capita | 5,006 | 4,942 | 4,928 | 4,723 Trend | 4,641 Trend |
| Forest Area | 17.42% | 17.42% | 17.42% | 17.42% Trend | 17.42% Trend |
| Renewable Energy | 12.30% | – | – | – | – |
Italic values are IMF World Economic Outlook projections.
Technology
Internet Users 97.06%
Mobile Subscriptions 112.51
R&D Spending 1.86%
▾
| Indicator | 2022 | 2023 | 2024 | 2025 | 2026 | 2027 |
|---|---|---|---|---|---|---|
| High-tech Exports | 25.83% | 25.26% | 25.16% | 27.09% Trend | 28.12% Trend | 29.14% Trend |
| Internet Users | 97.04% | 97.06% | – | 99.58% Trend | 100.50% Trend | – |
| Mobile Subscriptions | 109.47 | 112.51 | – | 112.38 Trend | 113.39 Trend | – |
| Patent Applications | – | – | – | – | – | – |
| R&D Spending | – | – | – | – | – | – |
Italic values are IMF World Economic Outlook projections.
Inequality
Gini Index 33.8
Poverty Rate 1.00%
Income Share Top 10% 25.50%
▾
| Indicator | 2016 | 2018 | 2020 |
|---|---|---|---|
| Gini Index | 33.7 | 34.3 | 33.8 |
| Income Share Bottom 10% | 2.90% | 2.80% | 2.70% |
| Income Share Top 10% | 25.50% | 26.20% | 25.50% |
| Poverty Rate | 0.50% | 0.50% | 1.00% |
Italic values are IMF World Economic Outlook projections.