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European Union vs Australia

Side-by-side comparison
vs
IndicatorEuropean UnionAustralia
GDP per Capita $43,305 $65,946
GDP Growth 1.06% 1.81%
Inflation Rate 2.44% 2.58%
Population 450.7M 27.5M
Unemployment Rate 5.93% 4.09%

European Union vs Australia: Key Differences

Australia's gdp per capita ($65,946) is 1.5x higher than European Union's ($43,305) as of 2024. Australia's gdp growth (1.81%) is 1.7x higher than European Union's (1.06%) as of 2024. Australia has a 6% higher inflation rate (2.58%) compared to European Union (2.44%). European Union's population (450.7M) is 16.4x higher than Australia's (27.5M) as of 2025. European Union has a 45% higher unemployment rate (5.93%) compared to Australia (4.09%).

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