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Australia

Australia ยท AUS ยท Oceania

25

Risk Score

Guardedโ†’ Stable

Risk Factors

No recent events in pipeline

Overview

Australia is a developed, high-income country with a diverse economy, rich in natural resources and a strong services sector. It maintains close ties with Asia and the Pacific, while navigating geopolitical shifts in the Indo-Pacific region. Its economy is highly integrated with global trade.

Leadership

King Charles III

Governor-General (represented by David Hurley)

GOVERNMENT: Parliamentary Democracy (Constitutional Monarchy)

Economy

GDP

$1.9T

GDP per Capita

$70.0K

GDP Growth

+2.5%

Inflation

2.5%

Unemployment

4.0%

Mining (iron ore, coal, natural gas)Services (financial, tourism, education)Agriculture

Trade

Key Exports

Iron oreCoalNatural gasGoldBeefWheatEducation-related travel services

Key Imports

Machinery and transport equipmentCrude petroleumComputersTelecommunications equipmentPharmaceuticals

Top Partners

ChinaJapanSouth KoreaUSAIndia