Compare the economies of the countries

Table of Contents

Economy power of Australia & Libya

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Australia vs Libya

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Australia Libya
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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 Officially known as the State of Libya, the nation is located in the northern part of Africa, in the Maghreb region. It borders Sudan, Chad, Algeria, Niger, Tunisia, and Egypt. This is the fourth largest country in Africa thanks to its enormous land coverage of 1.8 million square kilometers. It is also the 16th largest nation worldwide.  More about Libya

Gross domestic product (GDP, GDP PPP)

Gross domestic product (GDP)

Australia Libya
Position in the ranking of countries
GDP [US$] 1,552,667,363,236 42,817,472,975
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 Libya
Position in the ranking of countries
GNI [US$] 1,535,457,123,665 43,169,797,204
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 Libya
Position in the ranking of countries
External balance [US$] 66,458,690,947 5,166,988,486
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 Libya
Position in the ranking of countries
Unemployment [%] 5.12 20.61
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 Libya
Position in the ranking of countries
Population 25,688,079 6,735,277
Percentage of the other

Population growth (annual %)

Density

Gender

Demography