Population of Australia
Australia is among the ten largest countries in the world, in terms of area size, although its total population is low in numbers compared to other countries. Not all of Australia’s land mass has been reclaimed and urbanized, as most of Australia’s inhabitants live in metropolises and cities on the country’s coasts. The majority of Australians is of European descent (predominantly British), and only a small minority belongs to the indigenous population, the Aborigines.
Although the number of Australians is rising slowly and continuously, year-on-year population growth in Australia has only recently recovered from a slight slump in 2010 and 2011, while the fertility rate has been stable over the last decade.
Standard of living is fairly high in Australia, which can be seen when looking at the Human Development Index, which ranks countries by their level of human development and living standards, such as their unemployment rate, literacy rate or life expectancy at birth. Life expectancy of Australia’s population is quite high in international comparison, for example, Australia is also among the leading countries when it comes to this key factor.
Economically speaking, Australia is also among the leading nations, with a steadily rising employment rate, an increasing gross domestic product (GDP) with a steady growth rate, and a relatively stable share in the global GDP.