Compare the economies of the countries

Table of Contents

Economy power of Australia & Eritrea

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Australia vs Eritrea

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Australia Eritrea
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Australia is the nation that is at the same time the entire continent. It is the only country that covers the land of the entire continent. The name of the nation came from the latin Terra Australis, which was basically the name for the Southern Earth. At this moment it is one of the largest federations in the world with an official language being English. Interestingly, though the head of the government is Scott Morrison, the head of the nation is Queen Elizabeth II. On her behalf, the nation is run by David Hurley. More about Australia The State of Eritrea is a country situated in the Eastern part of Africa. It has a very extensive coastline thanks to which they can boast with a natural border with the Red Sea. In terms of other nations, they share their land borders with Sudan, Djibouti, and Ethiopia. More about Eritrea

Gross domestic product (GDP, GDP PPP)

Gross domestic product (GDP)

Australia Eritrea
Position in the ranking of countries
GDP [US$] 1,552,667,363,236 2,065,001,626
Percentage of the other

Gross domestic product growth rate

Gross domestic product per capita

Gross domestic product (PPP)

Gross domestic product (PPP) per capita

Gross national income (GNI, Inflation)

Gross national income

Australia Eritrea
Position in the ranking of countries
GNI [US$] 1,535,457,123,665 2,041,455,160
Percentage of the other

Gross national income per capita

Inflation consumer prices (annual %)

International trade (Export, Import)

External balance on goods and services

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(China)

Australia Eritrea
Position in the ranking of countries
External balance [US$] 66,458,690,947 -228,887,167
Percentage of the other

External balance on goods and services (% of GDP)

Exports of goods and services (current US$)

Exports of goods and services (% of GDP)

Imports of goods and services (current US$)

Imports of goods and services (% of GDP)

Employment by sector, Unemployment

Unemployment (% of total labor force)

Australia Eritrea
Position in the ranking of countries
Unemployment [%] 5.12 6.80
Percentage of the other

Employment in agriculture (% of total employment)

Employment in industry (% of total employment)

Employment in services (% of total employment)

Vulnerable employment (% of total employment)

Population (total, growth, density, demgraphy)

Total population

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(China)

Australia Eritrea
Position in the ranking of countries
Population 25,688,079 3,620,312
Percentage of the other

Population growth (annual %)

Density

Gender

Demography