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Australia is a highly developed country with a mixed economy. [30] [31] As of 2023, Australia was the 14th-largest national economy by nominal GDP (gross domestic product), [32] the 19th-largest by PPP-adjusted GDP, [33] and was the 21st-largest goods exporter and 24th-largest goods importer. [34]
Rank Country GDP (millions of USD) 1 China 17,700,899 2 Japan 4,230,862 3 India 3,732,224 4 South Korea 1,709,232 5 Australia 1,687,713 6 Indonesia 1,417,387 7 Taiwan ...
This is the most recent list of Australian states and territories by gross state product (GSP) and GSP per capita. Also included are the GSP and population growth tables as well as a comparison table showing the surplus/deficit between state final demand (SFD) and GSP for the same financial year.
[7] [8] Since China's transition to a socialist market economy through controlled privatisation and deregulation, [9] [10] the country has seen its ranking increase from ninth in 1978, to second in 2010; China's economic growth accelerated during this period and its share of global nominal GDP surged from 2% in 1980 to 18% in 2021.
Degree of economic and personal freedoms of 183 countries 2021 Organisation for Economic Co-operation and Development: OECD Better Life Index [8] 2 Measures wellbeing, environmental quality, quality of public services and security of the 36 most developed countries: 2020 International Comparisons (OECD) Social justice [9] 4
Follow @TMFJLo Australia's economy is the 12th largest in the world and in the past five years, its GDP has shot up 65%. But bigger isn't always better, and there's one major threat to.
This exclusive economic zone does not include the Australian Antarctic Territory. [133] Fitzroy Island, one of the 600 islands within the main archipelago of the Great Barrier Reef. Most of Australia is arid or semi-arid. [134] In 2021 Australia had 10% of the global permanent meadows and pastureland. [135]
Economy of Australia by state or territory (19 C, 2 P) * Economy of Australia-related lists (6 C, 19 P) B. Australian billionaires (2 C, 87 P) Business in Australia ...