Country vs country: Economy Stats: compare key data on Australia & United States and Economy Stats: compare key data on Australia & United States compared Economy

STAT Australia United States HISTORY
Budget > Revenues $504.70 billion
Ranked 10th.
$2.45 trillion
Ranked 1st. 5 times more than Australia

Budget surplus > + or deficit > - -3.4% of GDP
Ranked 109th.
-6.8% of GDP
Ranked 157th. Twice as much as Australia

Debt > Government debt > Public debt, share of GDP 29.3 CIA
Ranked 117th.
72.5 CIA
Ranked 35th. 2 times more than Australia
Overview The Australian economy has experienced continuous growth and features low unemployment, contained inflation, very low public debt, and a strong and stable financial system. By 2012, Australia had experienced more than 20 years of continued economic growth, averaging 3.5% a year. Demand for resources and energy from Asia and especially China has grown rapidly, creating a channel for resources investments and growth in commodity exports. The high Australian dollar has hurt the manufacturing sector, while the services sector is the largest part of the Australian economy, accounting for about 70% of GDP and 75% of jobs. Australia was comparatively unaffected by the global financial crisis as the banking system has remained strong and inflation is under control. Australia has benefited from a dramatic surge in its terms of trade in recent years, stemming from rising global commodity prices. Australia is a significant exporter of natural resources, energy, and food. Australia's abundant and diverse natural resources attract high levels of foreign investment and include extensive reserves of coal, iron, copper, gold, natural gas, uranium, and renewable energy sources. A series of major investments, such as the US$40 billion Gorgon Liquid Natural Gas project, will significantly expand the resources sector. Australia is an open market with minimal restrictions on imports of goods and services. The process of opening up has increased productivity, stimulated growth, and made the economy more flexible and dynamic. Australia plays an active role in the World Trade Organization, APEC, the G20, and other trade forums. Australia has bilateral free trade agreements (FTAs) with Chile, Malaysia, New Zealand, Singapore, Thailand, and the US, has a regional FTA with ASEAN and New Zealand, is negotiating agreements with China, India, Indonesia, Japan, and the Republic of Korea, as well as with its Pacific neighbors and the Gulf Cooperation Council countries, and is also working on the Trans-Pacific Partnership Agreement with Brunei Darussalam, Canada, Chile, Malaysia, Mexico, New Zealand, Peru, Singapore, the US, and Vietnam. The US has the largest and most technologically powerful economy in the world, with a per capita GDP of $49,800. In this market-oriented economy, private individuals and business firms make most of the decisions, and the federal and state governments buy needed goods and services predominantly in the private marketplace. US business firms enjoy greater flexibility than their counterparts in Western Europe and Japan in decisions to expand capital plant, to lay off surplus workers, and to develop new products. At the same time, they face higher barriers to enter their rivals' home markets than foreign firms face entering US markets. US firms are at or near the forefront in technological advances, especially in computers and in medical, aerospace, and military equipment; their advantage has narrowed since the end of World War II. The onrush of technology largely explains the gradual development of a "two-tier labor market" in which those at the bottom lack the education and the professional/technical skills of those at the top and, more and more, fail to get comparable pay raises, health insurance coverage, and other benefits. Since 1975, practically all the gains in household income have gone to the top 20% of households. Since 1996, dividends and capital gains have grown faster than wages or any other category of after-tax income. Imported oil accounts for nearly 55% of US consumption. Crude oil prices doubled between 2001 and 2006, the year home prices peaked; higher gasoline prices ate into consumers' budgets and many individuals fell behind in their mortgage payments. Oil prices climbed another 50% between 2006 and 2008, and bank foreclosures more than doubled in the same period. Besides dampening the housing market, soaring oil prices caused a drop in the value of the dollar and a deterioration in the US merchandise trade deficit, which peaked at $840 billion in 2008. The sub-prime mortgage crisis, falling home prices, investment bank failures, tight credit, and the global economic downturn pushed the United States into a recession by mid-2008. GDP contracted until the third quarter of 2009, making this the deepest and longest downturn since the Great Depression. To help stabilize financial markets, in October 2008 the US Congress established a $700 billion Troubled Asset Relief Program (TARP). The government used some of these funds to purchase equity in US banks and industrial corporations, much of which had been returned to the government by early 2011. In January 2009 the US Congress passed and President Barack OBAMA signed a bill providing an additional $787 billion fiscal stimulus to be used over 10 years - two-thirds on additional spending and one-third on tax cuts - to create jobs and to help the economy recover. In 2010 and 2011, the federal budget deficit reached nearly 9% of GDP. In 2012 the federal government reduced the growth of spending and the deficit shrank to 7.6% of GDP. Wars in Iraq and Afghanistan required major shifts in national resources from civilian to military purposes and contributed to the growth of the budget deficit and public debt. Through 2011, the direct costs of the wars totaled nearly $900 billion, according to US government figures. US revenues from taxes and other sources are lower, as a percentage of GDP, than those of most other countries. In March 2010, President OBAMA signed into law the Patient Protection and Affordable Care Act, a health insurance reform that was designed to extend coverage to an additional 32 million American citizens by 2016, through private health insurance for the general population and Medicaid for the impoverished. Total spending on health care - public plus private - rose from 9.0% of GDP in 1980 to 17.9% in 2010. In July 2010, the president signed the DODD-FRANK Wall Street Reform and Consumer Protection Act, a law designed to promote financial stability by protecting consumers from financial abuses, ending taxpayer bailouts of financial firms, dealing with troubled banks that are "too big to fail," and improving accountability and transparency in the financial system - in particular, by requiring certain financial derivatives to be traded in markets that are subject to government regulation and oversight. In December 2012, the Federal Reserve Board announced plans to purchase $85 billion per month of mortgage-backed and Treasury securities in an effort to hold down long-term interest rates, and to keep short term rates near zero until unemployment drops to 6.5% from the December rate of 7.8%, or until inflation rises above 2.5%. Long-term problems include stagnation of wages for lower-income families, inadequate investment in deteriorating infrastructure, rapidly rising medical and pension costs of an aging population, energy shortages, and sizable current account and budget deficits - including significant budget shortages for state governments.
Exports $257.90 billion
Ranked 22nd.
$1.56 trillion
Ranked 2nd. 6 times more than Australia

GDP $1.52 trillion
Ranked 13th.
$15.68 trillion
Ranked 2nd. 10 times more than Australia

GDP > Composition, by sector of origin > Services 68.9%
Ranked 55th.
79.7%
Ranked 14th. 16% more than Australia
GDP > Per capita $37,828.78 per capita
Ranked 15th.
$45,759.46 per capita
Ranked 8th. 21% more than Australia

GDP > Per capita > PPP $42,000.00
Ranked 10th.
$51,700.00
Ranked 6th. 23% more than Australia

GDP > Purchasing power parity per capita $40,316.70
Ranked 11th.
$47,587.30
Ranked 7th. 18% more than Australia

GDP per capita $67,035.57
Ranked 5th. 34% more than United States
$49,965.27
Ranked 10th.

Gross National Income $386.00 billion
Ranked 14th.
$9.78 trillion
Ranked 1st. 25 times more than Australia
Inflation rate > Consumer prices 1.8%
Ranked 168th.
2.1%
Ranked 160th. 17% more than Australia

Public debt 32.4% of GDP
Ranked 107th.
70% of GDP
Ranked 37th. 2 times more than Australia

Unemployment rate 5.2%
Ranked 88th.
8.1%
Ranked 47th. 56% more than Australia

Exports per capita $11,369.45
Ranked 28th. 2 times more than United States
$4,972.70
Ranked 50th.

Distribution of family income > Gini index 30.3
Ranked 29th.
45
Ranked 9th. 49% more than Australia

Human Development Index 0.955
Ranked 3rd. 1% more than United States
0.944
Ranked 10th.
Tourist arrivals > Per capita 265.91 per 1,000 people
Ranked 82nd. 39% more than United States
190.7 per 1,000 people
Ranked 91st.

GDP > Purchasing power parity $961.00 billion
Ranked 18th.
$16.24 trillion
Ranked 1st. 17 times more than Australia

Currency > PPP conversion factor to official exchange rate ratio 1.13
Ranked 14th. 13% more than United States
1
Ranked 24th.

Fiscal year 1 1
GDP > Composition by sector > Industry 26.6%
Ranked 108th. 39% more than United States
19.1%
Ranked 160th.

Currency > Official exchange rate > LCU per US$, period average $0.97
Ranked 155th.
$1.00
Ranked 147th. 4% more than Australia

Inequality > GINI index 35.19
Ranked 15th.
40.81
Ranked 16th. 16% more than Australia
Imports per capita $11,594.28
Ranked 29th. 58% more than United States
$7,336.40
Ranked 47th.

Gross National Income per capita $19,883.58
Ranked 19th.
$34,319.53
Ranked 5th. 73% more than Australia
Tax > Highest marginal tax rate > Individual rate 45%
Ranked 13th. 29% more than United States
35%
Ranked 35th.

GDP per capita in 1950 $7,218.00
Ranked 5th.
$9,573.00
Ranked 1st. 33% more than Australia
Technology index 4.93
Ranked 16th.
6.24
Ranked 1st. 27% more than Australia
Development > Human Development Index 0.938
Ranked 2nd. About the same as United States
0.937
Ranked 3rd.

Big Mac Index $2.44
Ranked 28th.
$3.15
Ranked 8th. 29% more than Australia
GDP > Per capita > PPP per thousand people $1.85
Ranked 81st. 11 times more than United States
$0.16
Ranked 139th.

Exports > Commodities coal, iron ore, gold, meat, wool, alumina, wheat, machinery and transport equipment agricultural products (soybeans, fruit, corn) 9.2%, industrial supplies (organic chemicals) 26.8%, capital goods (transistors, aircraft, motor vehicle parts, computers, telecommunications equipment) 49.0%, consumer goods (automobiles, medicines) 15.0%
Poverty and inequality > Richest quintile to poorest quintile ratio 7
Ranked 1st.
8.4
Ranked 3rd. 20% more than Australia
Imports $263.00 billion
Ranked 20th.
$2.30 trillion
Ranked 1st. 9 times more than Australia

Budget > Expenditures $556.10 billion
Ranked 11th.
$3.54 trillion
Ranked 1st. 6 times more than Australia

GINI index 35.19
Ranked 11th.
40.81
Ranked 16th. 16% more than Australia
Reserves of foreign exchange and gold per capita $1,280.46
Ranked 44th. 5 times more than United States
$234.27
Ranked 105th.

Debt > Net foreign assets > Current LCU -335,508,786,761.999
Ranked 165th. 3 times more than United States
-125,482,689,271
Ranked 162nd.

Tourist arrivals 5.59 million
Ranked 35th.
57.94 million
Ranked 3rd. 10 times more than Australia

Budget > Revenues > Per capita $15,753.02 per capita
Ranked 19th. 85% more than United States
$8,527.60 per capita
Ranked 29th.

Inbound tourism income > Current US$ $28.47 billion
Ranked 9th.
$166.53 billion
Ranked 2nd. 6 times more than Australia

Tax > Tax rates 26.43
Ranked 49th. 66% more than United States
15.91
Ranked 3rd.

GDP per person 42,278.74
Ranked 15th.
45,989.18
Ranked 9th. 9% more than Australia

Exports > Main exports Ores and metals; wool, food and live animals; fuels, transport machinery and equipment Computers and electrical machinery, vehicles, chemical products, food and live animals, military equipment and aircraft
Budget > Revenues per capita $17,951.26
Ranked 11th. 3 times more than United States
$6,763.09
Ranked 33th.

Gross National Income > Per $ GDP $63.10 per $100
Ranked 1st.
$83.23 per $100
Ranked 1st. 32% more than Australia
Debt > External $1.50 trillion
Ranked 12th.
$15.93 trillion
Ranked 1st. 11 times more than Australia

Gross domestic savings > Current US$ per capita 7,443.47$
Ranked 19th. 35% more than United States
5,533.71$
Ranked 25th.

Central bank discount rate 3%
Ranked 3rd. 6 times more than United States
0.5%
Ranked 122nd.

Debt > External > Per capita $40,368.64 per capita
Ranked 13th.
$40,678.76 per capita
Ranked 12th. 1% more than Australia

GDP > Composition by sector > Services 69.4%
Ranked 48th.
79.7%
Ranked 15th. 15% more than Australia

Tax > GDP > Constant LCU 1.45 trillion
Ranked 59th.
14.23 trillion
Ranked 18th. 10 times more than Australia

Tourism > International tourism, number of arrivals per capita 0.263
Ranked 95th. 31% more than United States
0.201
Ranked 98th.

International tourism > Receipts > Current US$ > Per $ GDP 28.17$ per $1,000 of GDP
Ranked 66th. 3 times more than United States
9.9$ per $1,000 of GDP
Ranked 97th.

Consumer spending 57.33
Ranked 100th.
71.37
Ranked 53th. 24% more than Australia

Consumer price index 116.1%
Ranked 90th. 2% more than United States
113.41%
Ranked 105th.

GDP > Composition by sector > Agriculture 4%
Ranked 139th. 3 times more than United States
1.2%
Ranked 191st.

GDP per capita > PPP > Current international $ 31,794.13 PPP $
Ranked 17th.
41,889.57 PPP $
Ranked 2nd. 32% more than Australia

Industries mining, industrial and transportation equipment, food processing, chemicals, steel highly diversified, world leading, high-technology innovator, second largest industrial output in world; petroleum, steel, motor vehicles, aerospace, telecommunications, chemicals, electronics, food processing, consumer goods, lumber, mining
GDP > Composition, by end use > Imports of goods and services -22%
Ranked 13th. 30% more than United States
-16.9%
Ranked 4th.
GDP per capita in 1973 $12,485.00
Ranked 10th.
$16,607.00
Ranked 2nd. 33% more than Australia
New businesses registered > Number > Per capita 4.4 per 1,000 people
Ranked 12th. 93% more than United States
2.28 per 1,000 people
Ranked 26th.

GDP per capita > Constant LCU 39738.41 37267.33
Balance of payments > Capital and financial account > Foreign direct investment > Net inflows > BoP > Current US $22.57 billion
Ranked 15th.
$134.71 billion
Ranked 3rd. 6 times more than Australia

Labor force 12
Ranked 115th.
155
Ranked 39th. 13 times more than Australia

GDP per capita in 1900 $4,299.00
Ranked 2nd. 5% more than United States
$4,096.00
Ranked 3rd.
GDP > Real growth rate 3.7%
Ranked 87th. 32% more than United States
2.8%
Ranked 106th.

Debt > Government debt > Gross government debt, share of GDP 27.16 IMF
Ranked 136th.
106.53 IMF
Ranked 11th. 4 times more than Australia
Debt > Central government debt, total > Current LCU 430.18 billion
Ranked 29th.
12.26 trillion
Ranked 8th. 28 times more than Australia

International tourism > Number of arrivals 5.5 million
Ranked 33th.
49.21 million
Ranked 3rd. 9 times more than Australia

Economic growth > Per capita -0.76
Ranked 74th.
-3.47
Ranked 111th. 5 times more than Australia

Foreign direct investment > Net > BoP > Current US$ per capita 42.74 BoP $
Ranked 73th.
340.7 BoP $
Ranked 23th. 8 times more than Australia

GDP per capita > Constant 2000 US$ 23,039.43 constant 2000 US$
Ranked 20th.
37,267.33 constant 2000 US$
Ranked 4th. 62% more than Australia

GDP in 1970 $42.90
Ranked 8th.
$1,025.50
Ranked 1st. 24 times more than Australia
Micro > Small and medium enterprises > Number > Per capita 63.16 per 1,000 people
Ranked 6th. 3 times more than United States
19.98 per 1,000 people
Ranked 19th.
Economic freedom 82.6
Ranked 3rd. 9% more than United States
76
Ranked 10th.

GDP > Official exchange rate per capita $55,290.43
Ranked 6th. 17% more than United States
$47,264.02
Ranked 8th.

Stock of direct foreign investment > At home $610.80 billion
Ranked 13th.
$2.65 trillion
Ranked 1st. 4 times more than Australia

Current account balance $-57,140,000,000.00
Ranked 175th.
$-440,400,000,000.00
Ranked 180th. 8 times more than Australia

Agriculture > Products wheat, barley, sugarcane, fruits; cattle, sheep, poultry wheat, corn, other grains, fruits, vegetables, cotton; beef, pork, poultry, dairy products; fish; forest products
Trade > Imports per capita $9,082.13
Ranked 24th. 48% more than United States
$6,152.08
Ranked 42nd.

Currency Australian dollar US dollar
Current account balance > BoP > Current US$ per capita -2,073.392 BoP $
Ranked 129th.
-2,678.39 BoP $
Ranked 134th. 29% more than Australia

GNI per capita $49,790.00
Ranked 1st. 2% more than United States
$48,620.00
Ranked 11th.
GDP > Purchasing power parity > Per capita $37,828.78 per capita
Ranked 15th.
$45,759.46 per capita
Ranked 8th. 21% more than Australia

Companies > Listed domestic companies, total 1,959
Ranked 9th.
4,102
Ranked 3rd. 2 times more than Australia

Trade > Exports per capita $9,548.93
Ranked 25th. 2 times more than United States
$4,105.70
Ranked 46th.

Business > Companies > Corporate governance (overall rating) 6.65
Ranked 6th.
7.16
Ranked 4th. 8% more than Australia
Current account balance per capita 0.0
Ranked 128th.
0.0
Ranked 79th.

Money and quasi money > M2 > Current LCU 728971000000 9258648000000
Tourism > International tourism, number of arrivals 5.88 million
Ranked 43th.
62.71 million
Ranked 3rd. 11 times more than Australia

Gross national saving 25.2% of GDP
Ranked 45th. 2 times more than United States
12.5% of GDP
Ranked 118th.

Tax > GDP > Constant LCU per capita 63,992.84
Ranked 74th. 41% more than United States
45,335.9
Ranked 81st.

Retail > Gross value added by wholesale, retail trade, restaurants and hotels 171.09 billion
Ranked 13th.
2.36 trillion
Ranked 1st. 14 times more than Australia

Companies > Market capitalization of listed companies > Current US$ per capita $56,712.24
Ranked 9th.
$59,469.57
Ranked 6th. 5% more than Australia

Market capitalization of listed companies > Current US$ per capita 39,425.43$
Ranked 16th.
57,519.54$
Ranked 6th. 46% more than Australia

Household final > Consumption expenditure > Current US$ per capita 19,092.64$
Ranked 12th.
28,053.8$
Ranked 3rd. 47% more than Australia

Budget > Expenditures per capita $19,328.99
Ranked 11th. 76% more than United States
$10,981.93
Ranked 24th.

Reserves > Total reserves > Includes gold, current US$ $49.14 billion
Ranked 36th.
$574.27 billion
Ranked 4th. 12 times more than Australia

Stock of broad money None None
Exchange rates Australian dollars (AUD) per US dollar -<br />0.97 (2012 est.)<br />0.97 (2011 est.)<br />1.09 (2010)<br />1.28 (2009)<br />1.21 (2008) <strong>British pounds per US dollar: </strong>0.6324 (2012 est.), 0.624 (2011 est.), 0.6472 (2010), 0.6175 (2009), 0.5302 (2008)<br /><strong>Canadian dollars per US dollar:</strong> (2012 est.), 1.001 (2012 est.), 0.9895 (2011 est), 1.0302 (2010 est.), 1.1431 (2009), 1.0364 (2008)<br /><strong>Chinese yuan per US dollar:</strong> (2011 est.), 6.311 (2012 est.), 6.4615 (20111 est.), 6.7703 (2010 est.), 6.8314 (2009), 6.9385 (2008)<br /><strong>euros per US dollar:</strong> 0.7838 (2012 est.), 0.7185 (2011 est.), 0.755 (2010 est.), 0.7198 (2009), 0.6827 (2008)<br /><strong>Japanese yen per US dollar:</strong> 79.42 (2012 est.), 79.81 (2011 est.), 87.78 (2010), 93.57 (2009), 103.58 (2008)
Debt > External per capita $39,251.23
Ranked 15th.
$40,666.44
Ranked 13th. 4% more than Australia

Size of economy > Share of world GDP 1.21%
Ranked 14th.
31.49%
Ranked 1st. 26 times more than Australia
Gross fixed capital formation > Current US$ > Per $ GDP 0.255$ per $1 of GDP
Ranked 36th. 36% more than United States
0.187$ per $1 of GDP
Ranked 112th.

Exports > Partners China 29.5%, Japan 19.3%, South Korea 8%, India 4.9% Canada 18.9%, Mexico 14%, China 7.2%, Japan 4.5%
GDP > Official exchange rate $1.52 trillion
Ranked 12th.
$16.02 trillion
Ranked 1st. 11 times more than Australia

GDP per capita > PPP > Constant 2000 international $ 28,285.86 PPP 2000 $
Ranked 17th.
37,267.33 PPP 2000 $
Ranked 2nd. 32% more than Australia

Investment > Gross fixed 28.2% of GDP
Ranked 27th. 2 times more than United States
12.9% of GDP
Ranked 139th.

Income receipts > BoP > Current US$ per capita 797.45 BoP $
Ranked 28th.
1,606.16 BoP $
Ranked 22nd. 2 times more than Australia

Bank liquid > Reserves to bank assets ratio 0.79
Ranked 158th. 4% more than United States
0.76
Ranked 160th.

Tax > Highest marginal tax rate > Corporate rate 30%
Ranked 38th.
40%
Ranked 4th. 33% more than Australia

Stock of narrow money None None
GDP > Composition, by sector of origin > Industry 27.2%
Ranked 103th. 42% more than United States
19.2%
Ranked 161st.
Debt > Net domestic credit > Current LCU 2.27 trillion
Ranked 45th.
16.15 trillion
Ranked 16th. 7 times more than Australia

Trade > Exports > Exports of goods and services > Constant 2000 US$ per capita $6,863.15
Ranked 31st. 17% more than United States
$5,885.16
Ranked 34th.

Government spending 93.92 billion
Ranked 13th.
1.74 trillion
Ranked 2nd. 19 times more than Australia

Net current transfers from abroad > Constant LCU -389562400 -74888950000
Foreign direct investment > Net inflows > BoP > Current US$ per capita -1,687.696 BoP $
Ranked 165th.
371.4 BoP $
Ranked 35th.

GDP > Current LCU 959207700000 12416510000000
High-technology > Exports > Current US$ > Per capita $197,747.91 per 1,000 people
Ranked 36th.
$760,722.33 per 1,000 people
Ranked 24th. 4 times more than Australia

GDP > Composition, by sector of origin > Agriculture 3.9%
Ranked 137th. 4 times more than United States
1.1%
Ranked 194th.
Savings > Gross domestic savings > Current US$ per capita $19,058.32
Ranked 7th. 2 times more than United States
$8,113.69
Ranked 21st.

Net barter terms of trade 131.08%
Ranked 1st. 35% more than United States
97.17%
Ranked 22nd.

Tax > Tax payments > Number 11
Ranked 142nd. The same as United States
11
Ranked 139th.

Tax > Components of taxation > Personal income tax 38.5%
Ranked 4th. 2% more than United States
37.7%
Ranked 5th.
Real interest rate 4.2%
Ranked 75th. 36% more than United States
3.08%
Ranked 86th.

Royalty and license fees > Receipts > BoP > Current US$ > Per $ GDP 693.7 BoP $ per $1 million of
Ranked 32nd.
4,623.68 BoP $ per $1 million of
Ranked 12th. 7 times more than Australia

Gross domestic savings 267.07 billion
Ranked 15th.
1.61 trillion
Ranked 3rd. 6 times more than Australia

Inflation 112.58
Ranked 121st. 2% more than United States
109.85
Ranked 143th.

Investment > External financial assets per capita €119,079.16
Ranked 3rd.
€133,164.46
Ranked 2nd. 12% more than Australia

Outbound tourist spending 24.9 billion
Ranked 12th.
117.97 billion
Ranked 2nd. 5 times more than Australia

Income > GNI per capita, PPP > Current international $ $43,300.00
Ranked 11th.
$52,610.00
Ranked 5th. 22% more than Australia

Income > GNI, PPP > Current international $ per capita $43,298.36
Ranked 11th.
$52,608.35
Ranked 5th. 22% more than Australia

Inequality > Gini coefficient > Level 0.301 Different summary measure
Ranked 15th.
0.381 Different summary measure
Ranked 4th. 27% more than Australia
Poverty > Poverty by individual and household characteristics > Poverty rate > Children 11.79%
Ranked 15th.
20.59%
Ranked 4th. 75% more than Australia
Tax > Total tax wedge > Single worker 23.1%
Ranked 27th.
30%
Ranked 21st. 30% more than Australia
IKEA > First store opening year 1975 1985
GDP > By type of expenditure > Household consumption expenditure per capita 38,080.65
Ranked 6th. 7% more than United States
35,518
Ranked 8th.

Productivity > GDP per hour worked 44.57
Ranked 13th.
49.52
Ranked 9th. 11% more than Australia
Reserves of foreign exchange and gold $49.15 billion
Ranked 38th.
$150.20 billion
Ranked 18th. 3 times more than Australia

Big Mac Index > Per $ GDP $0.06 per $14.1 billion of GDP
Ranked 55th. 14 times more than United States
$0.00 per $14.1 billion of GDP
Ranked 63th.
Size of economy > GDP > GDP growth 3.4%
Ranked 89th. 54% more than United States
2.21%
Ranked 111th.

GDP > Constant 2000 US$ 468.37 billion constant 2000 US$
Ranked 14th.
11.05 trillion constant 2000 US$
Ranked 1st. 24 times more than Australia

Tax > Highest marginal tax rate > Individual > On income exceeding > US$ $133,560.00
Ranked 8th.
$372,950.00
Ranked 2nd. 3 times more than Australia

International tourism > Expenditures > Current US$ per capita 739.21$
Ranked 17th. 2 times more than United States
337.12$
Ranked 32nd.

Purchasing power parity conversion factor > LCU per international $ 1.48 1
Micro > Small and medium enterprises > Number 1.27 million
Ranked 7th.
5.87 million
Ranked 1st. 5 times more than Australia
GDP > Composition, by end use > Household consumption 54.9%
Ranked 142nd.
68.6%
Ranked 80th. 25% more than Australia
Poverty and inequality > Income inequality 1993-2011 35.19 latest available
Ranked 11th.
40.81 latest available
Ranked 3rd. 16% more than Australia
Current transfers > Receipts > BoP > Current US$ 3.26 billion BoP $
Ranked 38th.
15.77 billion BoP $
Ranked 8th. 5 times more than Australia

Innovation > Patent applications, residents per million 106.75
Ranked 27th.
795.12
Ranked 3rd. 7 times more than Australia

Tax > Taxes on income, profits and capital gains > Current LCU 204.92 billion
Ranked 30th.
1.4 trillion
Ranked 15th. 7 times more than Australia

Debt > Net current transfers from abroad > Current LCU -1,430,131,088.566
Ranked 121st.
-144,700,000,000
Ranked 130th. 101 times more than Australia

Debt > Government debt > Net government debt, share of GDP 11.64 IMF
Ranked 74th.
87.86 IMF
Ranked 10th. 8 times more than Australia
Saving rate 21.47
Ranked 61st. 2 times more than United States
9.77
Ranked 96th.

GDP > PPP > Constant 2000 international $ per capita 28,194.6 PPP 2000 $
Ranked 17th.
37,380.07 PPP 2000 $
Ranked 2nd. 33% more than Australia

International tourism > Number of departures 4.75 million
Ranked 22nd.
63.5 million
Ranked 3rd. 13 times more than Australia

Economic aid > Donor $2.12 billion
Ranked 13th.
$23.53 billion
Ranked 1st. 11 times more than Australia
Consumption > Consumption by sector > Equals: Household final consumption expenditure 738.41 billion USD
Ranked 12th.
10.44 trillion USD
Ranked 2nd. 14 times more than Australia

Debt > Central government debt, total > Current LCU per capita 19,269.88
Ranked 33th.
39,342.95
Ranked 20th. 2 times more than Australia

Net income > BoP > Current US$ > Per capita -1,362,110.286 BoP $ per 1,000 people
Ranked 132nd.
38,102.24 BoP $ per 1,000 people
Ranked 22nd.

GDP > CIA Factbook $571.40 billion
Ranked 16th.
$10.99 trillion
Ranked 1st. 19 times more than Australia

Poverty and inequality > Poorest's share in national income or consumption 5.9%
Ranked 9th. 8% more than United States
5.44%
Ranked 30th.
Investment > External financial assets €2.65 trillion
Ranked 9th.
€42.17 trillion
Ranked 1st. 16 times more than Australia

Debt > Net foreign assets > Current LCU per capita -14,790.809
Ranked 164th. 37 times more than United States
-399.736
Ranked 157th.

Tax > GDP > Current LCU 1.47 trillion
Ranked 78th.
16.24 trillion
Ranked 28th. 11 times more than Australia

Taxes > Total tax revenue > Total tax revenue 30.6%
Ranked 23th. 8% more than United States
28.33%
Ranked 27th.
GDP > PPP per capita $30,105.33
Ranked 14th.
$39,712.68
Ranked 2nd. 32% more than Australia
GDP in 1970 per million $3.43
Ranked 6th.
$5.00
Ranked 1st. 46% more than Australia
GNI 900.68 billion
Ranked 14th.
14.01 trillion
Ranked 2nd. 16 times more than Australia

GDP per capita in 1820 $1,528.00
Ranked 2nd. 19% more than United States
$1,287.00
Ranked 5th.
Development > Human Development Index > Inequality adjusted 0.864
Ranked 2nd. 5% more than United States
0.821
Ranked 16th.
GDP > PPP $605.94 billion
Ranked 16th.
$11.63 trillion
Ranked 1st. 19 times more than Australia
Market capitalization of listed companies > Current US$ 804.07 billion$
Ranked 10th.
17 trillion$
Ranked 1st. 21 times more than Australia

Companies > Listed domestic companies, total per million 86.36
Ranked 9th. 7 times more than United States
13.07
Ranked 49th.

Tax > GDP > Current US$ per capita $67,555.76
Ranked 6th. 31% more than United States
$51,748.56
Ranked 10th.

Industrial production growth rate 3.5%
Ranked 77th. 9% more than United States
3.2%
Ranked 79th.

Purchasing power parity > GDP per capita > PPP > Current international $ $39,230.73
Ranked 10th.
$45,989.18
Ranked 6th. 17% more than Australia

World trade > Exports 205.67 billion
Ranked 27th.
1.58 trillion
Ranked 2nd. 8 times more than Australia

Tourist arrivals by region of origin > Europe 1.33 million
Ranked 41st.
10.7 million
Ranked 10th. 8 times more than Australia

Bank capital to assets ratio 5.9%
Ranked 61st.
10.4%
Ranked 11th. 76% more than Australia

Companies > Stock market > Stocks traded, total value > Current US$ per capita $46,361.51
Ranked 4th.
$68,092.78
Ranked 3rd. 47% more than Australia

Lending interest rate 9.06%
Ranked 94th. 46% more than United States
6.19%
Ranked 118th.

Industrial > Production growth rate 3%
Ranked 105th.
3.3%
Ranked 92nd. 10% more than Australia

Tax > Taxes on income, profits and capital gains > Current LCU per capita 9,179.53
Ranked 35th. 2 times more than United States
4,477.99
Ranked 46th.

Spending > Household final consumption expenditure per capita > Constant 2000 US$ $21,651.27
Ranked 10th.
$30,898.88
Ranked 3rd. 43% more than Australia

Tax > GDP per capita > Constant LCU 63,992.84
Ranked 74th. 41% more than United States
45,335.9
Ranked 81st.

Income > GDP per capita, PPP > Current international $ $44,597.83
Ranked 10th.
$51,748.56
Ranked 8th. 16% more than Australia

Debt > Interest rates > Central bank discount rate 2.5%
Ranked 82nd. 10 times more than United States
0.25%
Ranked 92nd.
Technological achievement 0.59
Ranked 9th.
0.73
Ranked 2nd. 24% more than Australia
Business > Companies > Specific companies > IKEA > Debut 1,975
Ranked 42nd.
1,985
Ranked 31st. 1% more than Australia

Currency > Real effective exchange rate index > 2005 = 100 126.05
Ranked 22nd. 41% more than United States
89.58
Ranked 88th.

Net domestic credit > Current LCU 1053199000000 11970270000000
International tourism > Receipts > Current US$ per capita 1,011.88$
Ranked 21st. 2 times more than United States
416.03$
Ranked 44th.

GDP > By type of expenditure > Household consumption expenditure 863.81 billion
Ranked 11th.
11.15 trillion
Ranked 1st. 13 times more than Australia

Retail > Gross value added by wholesale, retail trade, restaurants and hotels per capita 7,542.37
Ranked 16th. About the same as United States
7,520.82
Ranked 17th.

Household spending per capita 14,937.88
Ranked 11th.
26,782.83
Ranked 1st. 79% more than Australia

Commercial bank prime lending rate 6.98%
Ranked 124th. 2 times more than United States
3.25%
Ranked 170th.

Companies > Market capitalization of listed companies > Current US$ $1.29 trillion
Ranked 9th.
$18.67 trillion
Ranked 1st. 15 times more than Australia

Current account balance > BoP > Current US$ -42,286,420,000 BoP $
Ranked 134th.
-791,508,800,000 BoP $
Ranked 137th. 19 times more than Australia

Trade > Imports $200.40 billion
Ranked 20th.
$1.90 trillion
Ranked 1st. 9 times more than Australia

Currency > Real effective exchange rate index 125.9%
Ranked 9th. 36% more than United States
92.75%
Ranked 64th.

Currency > Official exchange rate > LCU per US$ > Period average 1.33 1
GDP > CIA Factbook per capita $28,720.21
Ranked 13th.
$37,882.45
Ranked 2nd. 32% more than Australia

Oil > Exports 312,600 bbl/day
Ranked 39th.
1.92 million bbl/day
Ranked 9th. 6 times more than Australia

GDP > Composition, by end use > Exports of goods and services 20.1%
Ranked 164th. 49% more than United States
13.5%
Ranked 182nd.
Purchasing power parity > GNI per capita > PPP > Current international $ $38,210.00
Ranked 8th.
$45,640.00
Ranked 5th. 19% more than Australia

Income > Health expenditure per capita, PPP > Constant 2005 international $ $3,691.55
Ranked 14th.
$8,607.88
Ranked 1st. 2 times more than Australia

Consumption > Consumption by sector > Equals: Household final consumption expenditure per capita 33,076.97 USD
Ranked 6th.
33,496.5 USD
Ranked 5th. 1% more than Australia

Tax > GDP > Current LCU per capita 65,008.55
Ranked 89th. 26% more than United States
51,748.56
Ranked 98th.

Spending > Household final consumption expenditure > Current US$ per capita $36,154.56
Ranked 3rd. 2% more than United States
$35,518.00
Ranked 4th.

Trillion dollar club > Date when country entered 2,008
Ranked 1st. 2% more than United States
1,970
Ranked 10th.
Debt > Strength of legal rights index > 0=weak to 10=strong per million 0.441
Ranked 108th. 15 times more than United States
0.0287
Ranked 182nd.

Oil > Production 549,200 bbl/day
Ranked 29th.
9.69 million bbl/day
Ranked 3rd. 18 times more than Australia

Economy growth 1.29
Ranked 68th.
-2.63
Ranked 111th.

Trade > Exports > Exports of goods and services 311.29 billion
Ranked 19th.
2.2 trillion
Ranked 1st. 7 times more than Australia

Purchasing power parity > Gross domestic product per capita > PPP 34,259.08
Ranked 12th.
41,761.08
Ranked 6th. 22% more than Australia

Trade > Export value index 138.27%
Ranked 17th. 19% more than United States
116.02%
Ranked 25th.

Poverty > Population under $11 a day 17.6%
Ranked 1st. 29% more than United States
13.6%
Ranked 3rd.
Debt > Interest payments > Current LCU 16.99 billion
Ranked 51st.
324.26 billion
Ranked 15th. 19 times more than Australia

Innovation 26.9
Ranked 8th.
30.3
Ranked 1st. 13% more than Australia
Electricity > Consumption per capita 10,540.39 kWh
Ranked 9th.
12,194.74 kWh
Ranked 2nd. 16% more than Australia

Market capitalization of listed companies > Current US$ > Per $ GDP 1,097.71$ per $1,000 of GDP
Ranked 23th.
1,368.98$ per $1,000 of GDP
Ranked 15th. 25% more than Australia

GDP > CIA Factbook > Per capita $28,752.58 per capita
Ranked 13th.
$37,791.00 per capita
Ranked 2nd. 31% more than Australia

Household spending 320.15 billion
Ranked 14th.
8.22 trillion
Ranked 1st. 26 times more than Australia

Income > Household final consumption expenditure, PPP > Constant 2005 international $ per capita $19,670.48
Ranked 9th.
$30,898.88
Ranked 1st. 57% more than Australia

GDP > Composition, by end use > Government consumption 18.2%
Ranked 63th.
19.5%
Ranked 53th. 7% more than Australia
GDP > Per $ GDP $37,828.78 per $1 of GDP
Ranked 15th.
$45,759.46 per $1 of GDP
Ranked 8th. 21% more than Australia

Spending > Household final consumption expenditure, etc. > Current US$ $827.42 billion
Ranked 13th.
$11.15 trillion
Ranked 1st. 13 times more than Australia

Entrepreneurship > Starting a Business > Index ranking 2
Ranked 153th.
3
Ranked 152nd. 50% more than Australia
Gross domestic savings > Current US$ 149.82 billion$
Ranked 15th.
1.62 trillion$
Ranked 1st. 11 times more than Australia

GNI > Current US$ per capita 34,559.4$
Ranked 15th.
42,124.23$
Ranked 5th. 22% more than Australia

GDP > Constant 2000 US$ per capita 22,965.1 constant 2000 US$
Ranked 20th.
37,380.07 constant 2000 US$
Ranked 4th. 63% more than Australia

Gross Domestic Product > GDP > Size of GDP > GDP per capita $37,564.68 US dollars, current price
Ranked 8th.
$45,488.88 US dollars, current price
Ranked 3rd. 21% more than Australia
Trade > Exports $210.70 billion
Ranked 20th.
$1.27 trillion
Ranked 3rd. 6 times more than Australia

Purchasing power parity > GDP > PPP > Current international $ $858.17 billion
Ranked 17th.
$14.12 trillion
Ranked 2nd. 16 times more than Australia

Public expenditure > Social expenditure > Public social expenditure 17.1%
Ranked 22nd. 8% more than United States
15.9%
Ranked 27th.
Gross national expenditure > Constant 2000 US$ per capita 24,495.85 constant 2000 US$
Ranked 8th.
38,609.96 constant 2000 US$
Ranked 1st. 58% more than Australia

Entrepreneurship > Hiring and Firing > Index ranking 14
Ranked 140th. 2 times more than United States
6
Ranked 148th.
Income > GDP, PPP > Current international $ per capita $44,597.83
Ranked 10th.
$51,748.56
Ranked 8th. 16% more than Australia

Total > Reserves in months of imports 2.68
Ranked 82nd. 3 times more than United States
0.92
Ranked 120th.

Imports > Commodities machinery and transport equipment, computers and office machines, telecommunication equipment and parts; crude oil and petroleum products agricultural products 4.9%, industrial supplies 32.9% (crude oil 8.2%), capital goods 30.4% (computers, telecommunications equipment, motor vehicle parts, office machines, electric power machinery), consumer goods 31.8% (automobiles, clothing, medicines, furniture, toys)
Debt > Banks > Automated teller machines > ATMs > Per 100,000 adults 165.95
Ranked 5th.
173.43
Ranked 4th. 5% more than Australia

Government > Revenue > Tax > Overall tax burden 30.7%
Ranked 23th. 14% more than United States
26.9%
Ranked 24th.
Business > Companies > Specific companies > Apple Stores 21
Ranked 4th.
254
Ranked 1st. 12 times more than Australia
Inflation > Consumer price index > 2005 = 100 121.81
Ranked 133th. 4% more than United States
117.56
Ranked 152nd.

GDP > Constant LCU 807842200000 11046430000000
Gross domestic savings > Current US$ > Per $ GDP 228.51$ per $1,000 of GDP
Ranked 63th. 65% more than United States
138.73$ per $1,000 of GDP
Ranked 102nd.

Poverty and inequality > Inequality adjusted income index 0.719
Ranked 15th. 6% more than United States
0.681
Ranked 22nd.
Trade > Export growth 4.07
Ranked 45th.
8.37
Ranked 54th. 2 times more than Australia

Welfare > Revenue, excluding grants > Current LCU 321.27 billion
Ranked 46th.
2.54 trillion
Ranked 19th. 8 times more than Australia

Labor force per thousand people 0.000539
Ranked 100th. 10% more than United States
0.000489
Ranked 115th.

Business efficiency 81.97
Ranked 9th.
100
Ranked 1st. 22% more than Australia
Trade > Imports > Imports of goods and services 322.15 billion
Ranked 16th.
2.74 trillion
Ranked 1st. 9 times more than Australia

Debt > Government debt > Net government debt, share of GDP per million people 0.523 IMF
Ranked 73th. 88% more than United States
0.277 IMF
Ranked 77th.
GDP > Median household income (PPP) $56,797.00
Ranked 5th. 7% more than United States
$53,046.00
Ranked 7th.
Household final > Consumption expenditure per capita > Constant 2000 US$ 13,916.95 constant 2000 US$
Ranked 12th.
25,841.85 constant 2000 US$
Ranked 1st. 86% more than Australia

Public institution index 6.1
Ranked 12th. 6% more than United States
5.74
Ranked 21st.
GNI > Atlas method > Current US$ per capita 33,008.29$
Ranked 17th.
43,695.99$
Ranked 5th. 32% more than Australia

Income > GNI, PPP > Current international $ $982.16 billion
Ranked 18th.
$16.51 trillion
Ranked 2nd. 17 times more than Australia

Income > Household final consumption expenditure, PPP > Constant 2005 international $ $446.20 billion
Ranked 18th.
$9.70 trillion
Ranked 1st. 22 times more than Australia

Income > GDP, PPP > Current international $ $1.01 trillion
Ranked 18th.
$16.24 trillion
Ranked 2nd. 16 times more than Australia

Currency > Monetary unit 1 Australian dollar = 100 cents 1 US dollar = 100 cents
Budget > Expenditures > Per $ GDP $0.34 per $1 of GDP
Ranked 54th. 67% more than United States
$0.20 per $1 of GDP
Ranked 112th.

Aid > Untied given per million people $85.38 million
Ranked 11th. 49% more than United States
$57.27 million
Ranked 16th.

Taxes and other revenues 33.2% of GDP
Ranked 67th. 2 times more than United States
15.3% of GDP
Ranked 2nd.

Patents granted 75 per million people
Ranked 19th.
289 per million people
Ranked 3rd. 4 times more than Australia
Balance of payments > Current account > Goods > Services and income > Exports > Goods and services > Current U $234.30 billion
Ranked 21st.
$1.57 trillion
Ranked 2nd. 7 times more than Australia

Balance of payments > Current account > Balances > Current account balance > Current US$ $-47,786,269,398.64
Ranked 150th.
$-378,434,537,000.00
Ranked 143th. 8 times more than Australia

Balance of payments > Financial > Reserves -1,402,666,992.08
Ranked 125th.
-52,181,533,779.94
Ranked 142nd. 37 times more than Australia

Foreign direct investment > FDI > FDI flows and stocks > Inward FDI stocks $249,867.00 Million US dollars
Ranked 9th.
$2.15 million Million US dollars
Ranked 1st. 9 times more than Australia
Government > Sovereign wealth funds > Assets 89 billion USD
Ranked 12th.
123 billion USD
Ranked 11th. 38% more than Australia
Oil > Proved reserves 3.32 billion bbl
Ranked 27th.
20.68 billion bbl
Ranked 13th. 6 times more than Australia

Companies > Ease of doing business index > 1=most business-friendly regulations 11
Ranked 178th. 3 times more than United States
4
Ranked 185th.

Natural gas > Production 45.11 billion cu m
Ranked 15th.
611 billion cu m
Ranked 1st. 14 times more than Australia

GDP deflator 118.74
Ranked 132nd. 6% more than United States
112.4
Ranked 146th.

New businesses registered > Number 89,960
Ranked 7th.
676,830
Ranked 1st. 8 times more than Australia

Oil > Consumption 960,800 bbl/day
Ranked 22nd.
19.15 million bbl/day
Ranked 1st. 20 times more than Australia

Tourism > International tourism, receipts > Current US$ $34.17 billion
Ranked 9th.
$185.89 billion
Ranked 2nd. 5 times more than Australia

Electricity > Consumption 225.4 billion kWh
Ranked 13th.
3.74 trillion kWh
Ranked 1st. 17 times more than Australia

Spending > Final consumption expenditure > Constant 2000 US$ per capita $28,284.11
Ranked 16th.
$37,586.27
Ranked 5th. 33% more than Australia

Tax > GDP > Current US$ $1.53 trillion
Ranked 13th.
$16.24 trillion
Ranked 2nd. 11 times more than Australia

Currency > GDP > Constant 2000 US$ per capita $37,304.64
Ranked 17th.
$45,335.90
Ranked 10th. 22% more than Australia

Portfolio investment > Excluding LCFAR > BoP > Current US$ -78,511,390,000 BoP $
Ranked 110th.
-1,088,672,000,000 BoP $
Ranked 120th. 14 times more than Australia

Net capital account > BoP > Current US$ 886.26 million BoP $
Ranked 12th.
-4,351,000,000 BoP $
Ranked 114th.

Net trade in goods and services > BoP > Current US$ -14,233,030,000 BoP $
Ranked 130th.
-716,730,000,000 BoP $
Ranked 137th. 50 times more than Australia

Budget > Expenditures > Per capita $15,454.50 per capita
Ranked 18th. 70% more than United States
$9,065.55 per capita
Ranked 26th.

Economic growth > Evolution of GDP > Real GDP growth 4.44%
Ranked 9th. 2 times more than United States
2.02%
Ranked 26th.
GDP > Composition, by end use > Investment in inventories 0.4%
Ranked 90th. The same as United States
0.4%
Ranked 87th.
Tourist arrivals by region of origin > Africa 70,876
Ranked 41st.
251,654
Ranked 16th. 4 times more than Australia

Trade > Exports > By good > Chocolate cocoa preparations 144,081
Ranked 13th.
502,876
Ranked 6th. 3 times more than Australia
Taxes > Taxes on the average worker > Taxes on the average worker 27.72%
Ranked 26th.
29.98%
Ranked 22nd. 8% more than Australia
Steel > Production 5.2 million tonnes
Ranked 26th.
58.1 million tonnes
Ranked 5th. 11 times more than Australia

Purchasing power parity > GNI > PPP > Current international $ $835.74 billion
Ranked 17th.
$14.01 trillion
Ranked 2nd. 17 times more than Australia

Debt > External > Per $ GDP $817.65 per $1,000 of GDP
Ranked 25th. 8% more than United States
$760.50 per $1,000 of GDP
Ranked 31st.

Trade > Exports > By good > Passenger cars etc 1.79 million
Ranked 20th.
21.75 million
Ranked 7th. 12 times more than Australia
GNI > PPP > Current international $ 621.86 billion PPP $
Ranked 16th.
12.45 trillion PPP $
Ranked 1st. 20 times more than Australia

Investment > Foreign investment > Commitment to Development Index (investment) 6.1
Ranked 7th. 22% more than United States
5
Ranked 16th.
High-technology > Exports > Current US$ $4.15 billion
Ranked 32nd.
$231.13 billion
Ranked 3rd. 56 times more than Australia

Stock of direct foreign investment > Abroad $426.00 billion
Ranked 16th.
$4.45 trillion
Ranked 1st. 10 times more than Australia

Oil > Exports per thousand people 14.35 bbl/day
Ranked 39th. 2 times more than United States
6.26 bbl/day
Ranked 55th.

Overall productivity > PPP $55,166.70
Ranked 12th.
$74,624.70
Ranked 2nd. 35% more than Australia
Final > Consumption expenditure > Etc. > Current US$ 505.81 billion$
Ranked 11th.
10.06 trillion$
Ranked 1st. 20 times more than Australia

Gross National Income > Constant LCU 793542500000 10687260000000
GDP > Constant 2000 US$ > Per capita 23,039.43 constant 2000 US$ per c
Ranked 20th.
37,267.35 constant 2000 US$ per c
Ranked 4th. 62% more than Australia

National accounts > US$ at constant 2000 prices > Aggregate indicators > GDP per capita > Constant 2000 US$ $25,056.15
Ranked 18th.
$37,016.09
Ranked 6th. 48% more than Australia

Income > GDP per capita, PPP > Constant 2005 international $ $35,668.77
Ranked 15th.
$45,335.90
Ranked 7th. 27% more than Australia

Scientific and technical journals > Articles published 17,830.6
Ranked 12th.
209,694.7
Ranked 2nd. 12 times more than Australia

Net income > BoP > Current US$ -27,690,340,000 BoP $
Ranked 136th.
11.29 billion BoP $
Ranked 5th.

Foreign direct investment > Net > BoP > Current US$ > Per capita 42,879.53 BoP $ per 1,000 people
Ranked 74th.
339,670.94 BoP $ per 1,000 people
Ranked 23th. 8 times more than Australia

Goods imports > BoP > Current US$ 120.39 billion BoP $
Ranked 18th.
1.68 trillion BoP $
Ranked 1st. 14 times more than Australia

GDP per unit of energy use 4.84 PPP 2000 $/kg of oil eq.
Ranked 60th. 5% more than United States
4.6 PPP 2000 $/kg of oil eq.
Ranked 63th.

Oil > Consumption per thousand people 43.54 bbl/day
Ranked 36th.
61.91 bbl/day
Ranked 21st. 42% more than Australia

Budget > Revenues > Per $ GDP $0.35 per $1 of GDP
Ranked 52nd. 92% more than United States
$0.18 per $1 of GDP
Ranked 115th.

Natural gas > Production per capita 2,044.39 cu m
Ranked 9th. 3% more than United States
1,975.26 cu m
Ranked 10th.

International tourism > Expenditures for travel items > Current US$ $18.73 billion
Ranked 14th.
$85.37 billion
Ranked 3rd. 5 times more than Australia

Researchers in RandD > Per million people 3,758.92 per million people
Ranked 6th.
4,605.01 per million people
Ranked 4th. 23% more than Australia

Government spending > Subsidies and other transfers > Current LCU per capita 11,623.37
Ranked 38th. 41% more than United States
8,247.11
Ranked 44th.

Government spending > Subsidies and other transfers > Current LCU 259.48 billion
Ranked 39th.
2.57 trillion
Ranked 14th. 10 times more than Australia

Tax > Taxes on international trade > Current LCU 5.84 billion
Ranked 45th.
31.87 billion
Ranked 32nd. 5 times more than Australia

Tax > Components of taxation > Property tax 8.9%
Ranked 5th.
10.1%
Ranked 3rd. 13% more than Australia
Intellectual property > Patents granted 17,877
Ranked 7th.
224,505
Ranked 2nd. 13 times more than Australia

Currency > DEC alternative conversion factor > LCU per US$ 1.31 1
Stocks traded > Total value > Current US$ 616.12 billion$
Ranked 13th.
21.51 trillion$
Ranked 1st. 35 times more than Australia

GDP > Composition, by end use > Investment in fixed capital 28.5%
Ranked 43th. 93% more than United States
14.8%
Ranked 162nd.
Trade > Exports > Goods and services 20%
Ranked 126th. 82% more than United States
11%
Ranked 149th.
Foreign direct investment > Net > BoP > Current US$ 871.7 million BoP $
Ranked 46th.
100.68 billion BoP $
Ranked 1st. 116 times more than Australia

Trade > Imports > Goods and services > BoP > Current US$ > Per $ GDP 0.204 BoP $ per $1 of GDP
Ranked 124th. 27% more than United States
0.16 BoP $ per $1 of GDP
Ranked 127th.

Royalty and license fees > Payments > BoP > Current US$ 1.64 billion BoP $
Ranked 15th.
24.5 billion BoP $
Ranked 1st. 15 times more than Australia

Economic importance 9
Ranked 8th.
197.9
Ranked 1st. 22 times more than Australia
Stock of direct foreign investment > At home per capita $26,926.94
Ranked 11th. 3 times more than United States
$8,444.99
Ranked 33th.

Economic aid > Donor per capita $99.28
Ranked 15th. 28% more than United States
$77.38
Ranked 17th.
Spending > Final consumption expenditure > Constant 2000 US$ $641.59 billion
Ranked 16th.
$11.80 trillion
Ranked 1st. 18 times more than Australia

Reserves > Total reserves minus gold > Current US$ $44.87 billion
Ranked 34th.
$139.13 billion
Ranked 14th. 3 times more than Australia

Spending > Household final consumption expenditure > Constant 2000 US$ per capita $21,651.27
Ranked 10th.
$30,898.88
Ranked 3rd. 43% more than Australia

Savings > Gross domestic savings > Current US$ $432.31 billion
Ranked 9th.
$2.55 trillion
Ranked 3rd. 6 times more than Australia

Balance of payments > Current account > Balances > Net trade in goods > US$ $-4,914,841,830.81
Ranked 119th.
$-503,578,047,000.00
Ranked 142nd. 102 times more than Australia

Financial sector > Exchange rates and prices > GDP deflator > Base year varies by country 104.94
Ranked 161st.
124.24
Ranked 136th. 18% more than Australia

Trade > Exports > Goods 193.97 billion
Ranked 19th.
1.58 trillion
Ranked 2nd. 8 times more than Australia

World Bank exchange rate 1.36
Ranked 136th. 36% more than United States
1
Ranked 143th.

Electricity > Production 232 billion kWh
Ranked 15th.
3.95 trillion kWh
Ranked 1st. 17 times more than Australia

Electricity > Imports per capita 0.0
Ranked 131st.
111.87 kWh
Ranked 38th.

Stock of money $298.50 billion
Ranked 7th.
$1.37 trillion
Ranked 3rd. 5 times more than Australia
GDP growth > Duration 1980-2000 52%
Ranked 28th.
56%
Ranked 25th. 8% more than Australia
Gender income ratio 0.69%
Ranked 4th. 11% more than United States
0.62%
Ranked 16th.
Household final > Consumption expenditure > Constant 2000 US$ per capita 13,892.47 constant 2000 US$
Ranked 13th.
25,916.88 constant 2000 US$
Ranked 1st. 87% more than Australia

Gross national expenditure > Current US$ > Per $ GDP 1.03$ per $1 of GDP
Ranked 90th.
1.05$ per $1 of GDP
Ranked 76th. 2% more than Australia

Gross fixed capital formation > Current US$ per capita 8,290.69$
Ranked 8th. 11% more than United States
7,474.93$
Ranked 11th.

Patent applications > Residents 2,718
Ranked 12th.
231,588
Ranked 2nd. 85 times more than Australia

GNI > Atlas method > Current US$ > Per capita 33,115.13$ per capita
Ranked 16th.
43,564.23$ per capita
Ranked 5th. 32% more than Australia

Income > GNI, PPP > Constant 2005 international $ $783.09 billion
Ranked 18th.
$14.47 trillion
Ranked 1st. 18 times more than Australia

Income > GDP, PPP > Constant 2005 international $ per capita $35,668.77
Ranked 15th.
$45,335.90
Ranked 7th. 27% more than Australia

Income > GNI per capita, PPP > Constant 2005 international $ $34,522.23
Ranked 12th.
$46,084.41
Ranked 3rd. 33% more than Australia

International tourism > Receipts > Current US$ 20.64 billion$
Ranked 7th.
122.94 billion$
Ranked 1st. 6 times more than Australia

Terms of trade 79
Ranked 57th.
116
Ranked 15th. 47% more than Australia
Oil > Production per thousand people 24.89 bbl/day
Ranked 31st.
31.32 bbl/day
Ranked 28th. 26% more than Australia

Gross savings > Current US$ per capita 6,365.21$
Ranked 13th. 23% more than United States
5,176.48$
Ranked 19th.

Innovation > Patent applications, nonresidents per million 1,036.69
Ranked 4th. 26% more than United States
821.06
Ranked 7th.

Innovation > Patent applications, residents 2,383
Ranked 18th.
247,750
Ranked 3rd. 104 times more than Australia

Trade > Exports > Export growth in USD 356.04
Ranked 29th. 3 times more than United States
135.15
Ranked 119th.

Trade > Imports > By good > Silver platinum etc 78,753
Ranked 18th.
3.43 million
Ranked 1st. 44 times more than Australia
Innovation > Scientific and technical journal articles 18,923.3
Ranked 13th.
208,600.8
Ranked 2nd. 11 times more than Australia

GDP > PPP > Current international $ per capita 31,691.55 PPP $
Ranked 17th.
42,016.29 PPP $
Ranked 2nd. 33% more than Australia

Welfare > Revenue, excluding grants > Current LCU per capita 14,391.53
Ranked 47th. 76% more than United States
8,158.36
Ranked 69th.

Micro > Small and medium enterprises > Number per 1000 63.05
Ranked 6th. 3 times more than United States
20.04
Ranked 19th.
Transnational corporations > Affiliates 2,539
Ranked 29th.
19,103
Ranked 7th. 8 times more than Australia
Tax > Customs and other import duties > Current LCU 6.07 billion
Ranked 31st.
29.22 billion
Ranked 22nd. 5 times more than Australia

Tax > Taxes on income > Profits and capital gains > Current LCU 208.58 billion
Ranked 22nd.
1.09 trillion
Ranked 1st. 5 times more than Australia

Tax > Components of taxation > Social security > Employees contribution 0.0
Ranked 30th.
11.7%
Ranked 10th.
Imports > Partners China 18.4%, US 11.7%, Japan 7.9%, Singapore 6%, Germany 4.6%, Thailand 4.2%, South Korea 4.1% China 19%, Canada 14.1%, Mexico 12%, Japan 6.4%, Germany 4.7%
Oil > Imports 731,400 bbl/day
Ranked 18th.
10.27 million bbl/day
Ranked 1st. 14 times more than Australia

Oil > Imports per thousand people 33.58 bbl/day
Ranked 35th. About the same as United States
33.48 bbl/day
Ranked 37th.

Electricity > Production per capita 10,652.56 kWh
Ranked 10th.
12,885.81 kWh
Ranked 6th. 21% more than Australia

Market value of publicly traded shares $1.40 trillion
Ranked 1st.
$15.64 trillion
Ranked 1st. 11 times more than Australia

Gross Domestic Product > GDP > Size of GDP > Gross domestic product per million $36.49 Billion US dollars, curre
Ranked 9th.
$44.79 Billion US dollars, curre
Ranked 3rd. 23% more than Australia
GDP growth > Duration 1975-2000 1.9%
Ranked 51st.
2%
Ranked 44th. 5% more than Australia
Trade > Imports > By good > Passenger cars etc 6.98 million
Ranked 10th.
116.2 million
Ranked 1st. 17 times more than Australia
Services > Etc. > Value added > Constant 2000 US$ 293.62 billion constant 2000 US$
Ranked 12th.
7.6 trillion constant 2000 US$
Ranked 1st. 26 times more than Australia

Household final > Consumption expenditure > Current US$ 384.29 billion$
Ranked 12th.
8.21 trillion$
Ranked 1st. 21 times more than Australia

Household final > Consumption expenditure > Current US$ > Per capita 19,126.28$ per capita
Ranked 13th.
27,972.58$ per capita
Ranked 3rd. 46% more than Australia

Trade > Exports > Goods and services > Constant 2000 US$ 91.98 billion constant 2000 US$
Ranked 24th.
1.12 trillion constant 2000 US$
Ranked 1st. 12 times more than Australia

Gross fixed capital formation > Current US$ 166.87 billion$
Ranked 12th.
2.19 trillion$
Ranked 1st. 13 times more than Australia

Merchandise > Exports > Current US$ 105.83 billion$
Ranked 26th.
904.38 billion$
Ranked 2nd. 9 times more than Australia

Household final > Consumption expenditure > Etc. > Constant 2000 US$ per capita 14,143.51 constant 2000 US$
Ranked 8th.
25,948.98 constant 2000 US$
Ranked 1st. 83% more than Australia

Gross national expenditure > Constant 2000 US$ 493.04 billion constant 2000 US$
Ranked 11th.
11.31 trillion constant 2000 US$
Ranked 1st. 23 times more than Australia

Research and development spending 1.7%
Ranked 18th.
2.5%
Ranked 7th. 47% more than Australia
Aid > Untied given $1,906.03 million
Ranked 9th.
$17,845.09 million
Ranked 1st. 9 times more than Australia

Tax > Time to prepare and pay taxes > Hours 107
Ranked 152nd.
187
Ranked 112th. 75% more than Australia

Balance of payments > Capital and financial account > Net errors and omissions > Adjusted > BoP > Current US$ $370.15 million
Ranked 32nd.
$162.52 billion
Ranked 1st. 439 times more than Australia

Financial sector > Monetary holdings > Liabilities > Money and quasi money > M2 > Current LCU 1.25 trillion
Ranked 12th.
12.42 trillion
Ranked 15th. 10 times more than Australia

Balance of payments > Current account > Goods > Services and income > Exports of goods > Services > Income and wo $271.62 billion
Ranked 23th.
$2.16 trillion
Ranked 2nd. 8 times more than Australia

Intellectual property > Patent applications 11,348
Ranked 19th.
432,298
Ranked 3rd. 38 times more than Australia

Royalty and license fees > Payments > BoP > Current US$ per capita 80.64 BoP $
Ranked 18th.
82.91 BoP $
Ranked 17th. 3% more than Australia

Commercial service imports > Current US$ > Per capita 1,414.4$ per capita
Ranked 37th. 49% more than United States
948.58$ per capita
Ranked 47th.

Net income > BoP > Current US$ per million -1,357,715,692.235 BoP $
Ranked 130th.
38.22 million BoP $
Ranked 22nd.

Trade > Imports of goods > Services and income > BoP > Current US$ per capita 9,497.14 BoP $
Ranked 29th. 14% more than United States
8,308.6 BoP $
Ranked 37th.

Foreign direct investment > Net > BoP > Current US$ > Per $ GDP 1.19 BoP $ per $1,000 of GDP
Ranked 100th.
8.11 BoP $ per $1,000 of GDP
Ranked 88th. 7 times more than Australia

Commercial service imports > Current US$ 28.75 billion$
Ranked 21st.
281.17 billion$
Ranked 1st. 10 times more than Australia

Natural gas > Consumption 26.41 billion cu m
Ranked 21st.
683.3 billion cu m
Ranked 1st. 26 times more than Australia

Natural gas > Proved reserves per capita 139,536.55 cu m
Ranked 15th. 6 times more than United States
22,397.07 cu m
Ranked 30th.

Natural gas > Proved reserves 3.12 trillion cu m
Ranked 11th.
6.93 trillion cu m
Ranked 6th. 2 times more than Australia

External debt > Date of information 30 June 2006 est. 30 June 2006 est.
Micro > Small and medium enterprises > Per 1,000 people 63.16 per 1,000 people
Ranked 6th. 3 times more than United States
19.99 per 1,000 people
Ranked 19th.
Tourism > International tourism, receipts for travel items > Current US$ per capita $1,409.07
Ranked 22nd. 3 times more than United States
$479.02
Ranked 62nd.

Tourism > International tourism, expenditures > Current US$ $33.55 billion
Ranked 11th.
$117.29 billion
Ranked 2nd. 3 times more than Australia

Tourism > International tourism, number of departures 7.79 million
Ranked 24th.
58.5 million
Ranked 4th. 8 times more than Australia

Public expenditure > Health expenditure > Total expenditure on health 8.7%
Ranked 17th.
15.3%
Ranked 1st. 76% more than Australia
Companies > Ease of doing business index > 1=most business-friendly regulations per million 0.441
Ranked 175th. 35 times more than United States
0.0127
Ranked 188th.
Economic growth > Inflation > GDP deflator 4.43%
Ranked 5th. 65% more than United States
2.69%
Ranked 16th.
Gross Domestic Product > GDP > Size of GDP > Gross domestic product $794.61 Billion US dollars, curre
Ranked 12th.
$13,741.60 Billion US dollars, curre
Ranked 1st. 17 times more than Australia
International tourism > Receipts for travel items > Current US$ $25.06 billion
Ranked 9th.
$134.91 billion
Ranked 2nd. 5 times more than Australia

Tourism receipts > International > Per $ GDP $28.16 per $1,000 of GDP
Ranked 85th. 3 times more than United States
$9.90 per $1,000 of GDP
Ranked 131st.

Trade > Tariffs > Binding coverage > All products 97.07%
Ranked 17th.
99.96%
Ranked 12th. 3% more than Australia

GDP > PPP > Constant 2000 international $ > Per capita 28,285.86 PPP 2000 $ per capita
Ranked 17th.
37,267.35 PPP 2000 $ per capita
Ranked 2nd. 32% more than Australia

GDP > PPP > Current international $ > Per capita 31,794.13 PPP $ per capita
Ranked 17th.
41,889.59 PPP $ per capita
Ranked 2nd. 32% more than Australia

International tourism > Expenditures > Current US$ 15.08 billion$
Ranked 12th.
99.62 billion$
Ranked 1st. 7 times more than Australia

Tax > Tax payments > Number per million 0.485
Ranked 150th. 14 times more than United States
0.035
Ranked 185th.

Trade > Exports > Per $ GDP $0.16 per $1 of GDP
Ranked 130th. 2 times more than United States
$0.08 per $1 of GDP
Ranked 152nd.

Purchasing power parity > GDP > PPP > Constant 2005 international $ $749.41 billion
Ranked 17th.
$12.82 trillion
Ranked 2nd. 17 times more than Australia

Purchasing power parity > PPP conversion factor > Private > Consumption > LCU per international $ $1.57
Ranked 114th. 57% more than United States
$1.00
Ranked 124th.

Trade > Exports > Export growth 168.22
Ranked 49th. 46% more than United States
115.12
Ranked 92nd.

Tourism expenditures > International $13.00 billion
Ranked 12th.
$93.22 billion
Ranked 1st. 7 times more than Australia

Trade > Exports > By good > Perfume toilet cosmetics 168,967
Ranked 22nd.
3.41 million
Ranked 3rd. 20 times more than Australia

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