Australia - Statistics & Facts

Published by H. Plecher, Jan 10, 2019
With an area of approximately 7.7 million square kilometres, Australia is the sixth –largest country in the world. In comparison to its size, the total population of Australia is rather small in numbers, amounting to only 24 million inhabitants in 2017 and estimated to increase by slightly over 2 million until 2022. Australia’s biggest city is Sydney, followed by Melbourne and Brisbane. Since over 85 percent of the population live in cities, Australia is among the countries with the highest degree of urbanization. Australia has a high standard of living: In 2015, it ranked second on the Human Development Index, and as of 2016, its life expectancy is one of the highest worldwide with 82.5 years.

Among the biggest economies worldwide, Australia ranks 13th, with a gross domestic product (GDP) of approximately 1.38 trillion U.S. dollars in 2017. Its GDP per capita thus amounted to approximately 55,693 U.S. dollars the same year. Australia’s economic growth amounted to 2.22 percent in 2017 and is estimated to increase again. The country's unemployment rate is expected to decline as well.

In 2017, Australia exported goods worth about 321 billion U.S. dollars, and imported goods worth approximately 229 billion U.S. dollars, a significant decline from previous years. Its most important trade partner for import and export is China.



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