Commonwealth of Australia

Analyst Library· Aug 2026

CanberraOceaniaEnglishAustralian Dollar (AUD)

Official Data — Live Indicators

GDP Growth (annual %)

1.35

· 2025

World Bank Open Data

Inflation (CPI, % annual)

2.87

· 2025

World Bank Open Data

Unemployment Rate (%)

4.09

· 2025

World Bank Open Data

Total Population

27.6M

· 2025

World Bank Open Data

GDP per Capita (US$)

65,129.72

· 2025

World Bank Open Data

Inflation (CPI, % y/y — monthly)

3.45

% y/y inflation (CPI) · 2026-07

OECD Data

Unemployment Rate (% — monthly)

4.46

% of labour force · 2026-07

OECD Data

10Y Government Bond Yield (%)

% p.a. (10Y government bond yield) · 2026-08

OECD Data

Fetched from official statistical APIs (World Bank, OECD) — no AI estimation.

Overview

Australia, a vast and diverse island continent, is a federal parliamentary constitutional monarchy with a rich history shaped by Indigenous cultures and British colonization. As a developed nation, it holds significant influence in the Asia-Pacific region, characterized by a strong economy, high quality of life, and abundant natural resources. The country is a major global player in commodity exports and maintains strong diplomatic and trade ties with key international partners, including the United States. Currently, Australia is actively pursuing a transition to a net-zero emissions economy, leveraging its vast renewable energy potential while grappling with the challenges of climate change and environmental stewardship.

Economy

gdp nominal

$2,123,963,000,000 (2026)

gdp ppp

$1.8 trillion (2023 estimate)_as_of

gdp rank

gdp per capita

$75,648 (2026)

gdp growth rate

inflation rate

4.1% (Q4 2023)_as_of

unemployment rate

3.7% (April 2024)_as_of

debt to gdp

37.5% (2023 estimate)_as_of

fiscal deficit

0.5% (2023 estimate)_as_of

major industries

Mining (iron ore, coal, natural gas), Financial services, Tourism, Education, Agriculture (wheat, wool, beef), Manufacturing

top exports

Iron ore, Coal, Natural gas (LNG), Gold, Education-related travel services, Beef

top imports

Machinery and transport equipment, Crude petroleum, Telecommunications equipment, Medicinal and pharmaceutical products, Vehicles

Demographics

population

27227096

population rank

population growth rate

0.94

median age

38.5

urbanization rate

86.7

life expectancy

83.2 years (2022 estimate)_as_of

fertility rate

1.64

literacy rate

99% (2015 estimate)_as_of

ethnic groups

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religions

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Full analyst report

Government & Politics

Trade & Investment

Infrastructure

Education & Healthcare

Environment

Geopolitics & Security