General profile: Australia

GENERAL INFORMATION FOR 2020
Population
Population
Exchange rates
Exchange rate
GDP
GDP
25.500 Millions
1.453 AUD/US$
1 344 927 Millions current US$
Land area
Land area¹
CPI growth (%)
CPI growth
GDP growth
GDP growth
(n) 7 692 020 km²
0.87 %
-2.40 %
INTERNATIONAL MERCHANDISE TRADE
More data on UNCTADstat
-7.5 %
Merchandise exports growth rate in 2020
Total merchandise trade
(millions of US$)
2005
2010
2015
2020
Merchandise exports
106 097
212 634
187 684
250 578
Merchandise imports
125 281
201 639
208 501
211 109
Merchandise trade balance
-19 184
10 995
-20 817
39 469
Export structure by product group in 2020
(as % of total exports)
10 %10 %12 %12 %16 %16 %47 %47 %13 %13 %
Top 5 partners in 2020
(exports, millions of US$)
100 08630 33215 92012 99010 210100 08630 33215 92012 99010 210
INTERNATIONAL TRADE IN SERVICES
More data on UNCTADstat
Total trade in services²
(millions of US$)
2005
2010
2015
2020
Services exports
32 227
51 899
54 871
(e) 48 532
Services imports
33 057
57 709
63 705
(e) 38 479
Services trade balance
-830
-5 810
-8 834
(e) 10 053
Services exports by main category²
(as % of total services)
2005
2010
2015
2020
Transport
17.5
11.4
9.2
(e) 6.5
Travel
57.2
62.8
62.4
(e) 52.5
Other services
25.1
25.7
28.2
(e) 40.9
TRADE INDICES
More data on UNCTADstat
1431471331241071001081091061141018292767162534747464413113011911610010011111912313512111011810398887871717067
ECONOMIC TRENDS
More data on UNCTADstat
-2.4 %
Gross domestic product growth rate in 2020
Economic indicators
(millions of US$ unless otherwise specified)
2005
2010
2015
2020
GDP, current
760 940
1 299 463
1 247 634
1 344 927
GDP per capita, current US$
37 710
58 654
52 131
52 742
Real GDP growth, y-on-y, %
2.79
2.46
2.77
-2.40
Current account balance, % of GDP
-5.70
-3.44
-4.57
2.56
Exchange rate (/US$)
1.309
1.090
1.331
1.453
GDP by expenditure in 2019
(as % of total GDP)
53.720.322.323.920.153.720.322.323.920.1
FDI AND EXTERNAL FINANCIAL RESOURCES
More data on UNCTADstat
+0.7 %
FDI outflows as % of GDP in 2020
Financial flows
(millions of US$ unless otherwise specified)
2005
2010
2015
2020
FDI inflows
-28 294.65
36 795.52
29 580.27
20 146.10
FDI outflows
-35 783.18
19 803.52
-9 337.46
9 171.52
Personal remittances, % of GDP
0.12
0.14
0.17
0.09
Financial flows trends
(millions of US$)
1 192.11 752.21 861.42 001.92 056.82 174.72 292.12 389.42 405.32 449.31 864.51 334.61 526.01 341.91 014.8940.42 838.02 325.01 769.01 782.01 904.020 14639 22468 47745 22548 40129 58058 50756 76659 57458 93236 79631 89246 90641 48026 314-28 29539 6126 33914 2467 82514 191FDI Inwards flowsFDI Inwards flowsFDI Inwards flowsMigrant's remittances receiptsMigrant's remittances receiptsMigrant's remittances receipts
TRADE IN GOODS AND SERVICES
More data on UNCTADstat
Trade balance indicators²
(as % and index)
2005
2010
2015
2020
Balance, % of GDP
-1.97
0.43
-2.25
(e) 3.78
Balance, % of imports
-9.71
2.16
-10.37
(e) 20.46
Normalized balance
-0.051
0.011
-0.055
(e) 0.093
Trade openness²
(sum of imports and exports as % of GDP)
41464441394142414142404046404139
LABOUR FORCE
Labour force by gender in 2020
(as % of total labour force, all sectors)
Male
54%Male 54%Female
46%Female 46%
OTHER INDICATORS
More data on UNCTADstat
0.117 %
Share of the total world merchant fleet in 2020
Maritime transport indicators
 
2005
2010
2015
2020
Merchant fleet, national flag (thousands of DWT)
2 376
2 171
1 938
2 423
Liner shipping connectivity index (maximum 2006 = 100 for China)
..
28.82
32.62
34.20
Container port throughput (TEU)
..
6 371 630
7 621 017
8 656 995
Information economy indicators
(as % of)
2005
2010
2015
2020
Share of ICT goods, % of total exports
1.68
0.96
1.40
1.04
Share of ICT goods, % of total imports
11.41
10.37
9.99
10.98
Share of workforce involved in the ICT sector
4.64
..
..
..
Source: UNCTADstat (http://unctadstat.unctad.org)
Notes:
1
Land area refers to the total area of a country excluding area under inland water bodies. It differs from the country area, that includes area under inland water bodies, but excludes offshore territorial waters.
2
Statistics presented correspond to the 6th edition of the IMF Balance of Payments and International Investment Position Manual (BPM6, 2009).
e
Estimated.
n
Estimated. Data refers to 2016.
Symbols for missing values:
0
Zero means that the amount is nil or negligible
..
Not available or not separately reported
_
Not applicable
...
Not available, including no quotation
#
Non-relevant calculation
-
Not publishable
***
Negative accumulation of flows; Value included in regional and global totals
Abbreviations & acronyms:
DWT:
Dead weight tons
FDI:
Foreign direct investment
GDP:
Gross domestic product
ICT:
Information and communication technology
TEU:
Twenty foot equivalent unit
US$:
United States dollar
Disclaimer:
The designations employed and the presentation of the material on UNCTADstat do not imply the expression of any opinion whatsoever on the part of the secretariat of the United Nations concerning the legal status of any country, territory, city or area, or of its authorities, or concerning the delimitation of its frontiers or boundaries.
Where the designations "economy" or "country or area" appear in texts or tables, they cover regions, countries, territories, cities or areas.

UNCTAD strives for the highest level of accuracy and is committed to promptly correcting any errors on its part. It does not guarantee or make any express or implied representations regarding the accuracy, reliability, correctness, fitness for use for a particular purpose, or otherwise, whatsoever, of any of the tables in UNCTADstat.
Generation date: 05 January 2022