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CompareEconomy.com Comparison of world economies

Compare the economies of the countries

Table of Contents

Economy power of Australia & European Union (EU)

Australia Flag svg European Union (EU) Flag svg

Australia vs European Union (EU)

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Australia European Union (EU)
World map with selected countries highlighted.
World Rank 11 9.34
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 European Union is a political and economic union of 27 member states that are located in Europe. Its members have a total land coverage of 4,233,255 square kilometers. The population of the EU is about 447 million. List of member states: Austria, Belgium, Bulgaria, Croatia, Cyprus, Czech Republic, Denmark, Estonia, Finland, France, Germany,Greece Hungary, Ireland, Italy, Latvia, Lithuania, Luxembourg, Malta, Netherlands, Poland, Portugal, Romania, Slovakia, Slovenia, Spain and Sweden. More about European Union (EU)

Gross domestic product (GDP, GDP PPP)

Gross domestic product (GDP)

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(United States of America (USA))

Australia European Union (EU)
Position in the ranking of countries
GDP [US$] 1,552,667,363,236 17,177,419,592,825
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

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(United States of America (USA))

Australia European Union (EU)
Position in the ranking of countries
GNI [US$] 1,535,457,123,665 17,265,699,183,045
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 European Union (EU)
Position in the ranking of countries
External balance [US$] 66,458,690,947 -
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)

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(South Africa)

Australia European Union (EU)
Position in the ranking of countries
Unemployment [%] 5.12 7.00
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 European Union (EU)
Position in the ranking of countries
Population 25,688,079 447,199,800
Percentage of the other

Population growth (annual %)

Density

Gender

Demography