Compare the economies of the countries

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Economy power of Australia & Malaysia

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Australia vs Malaysia

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Australia Malaysia
World map with selected countries highlighted.
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 Malaysia is a country located in Southeast Asia. Since it is a federal constitutional monarchy, it is divided into thirteen states and three federal territories. Interestingly, the nation is separated by the South China Sea into two regions, known as Peninsular Malaysia and Borneo's East Malaysia. The land coverage of 330,800 is not as large as in the case of its population figures. More about Malaysia

Gross domestic product (GDP, GDP PPP)

Gross domestic product (GDP)

Australia Malaysia
Position in the ranking of countries 13 (2023) 37 (2023)
GDP [US$] 1,728,057,316,695 399,705,169,318
Percentage of the other 432.3 % 23.1 %

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 Malaysia
Position in the ranking of countries 14 (2023) 37 (2023)
GNI [US$] 1,653,703,105,439 388,101,205,732
Percentage of the other 426.1 % 23.5 %

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 Malaysia
Position in the ranking of countries 10 (2023) 21 (2023)
External balance [US$] 75,573,099,651 20,382,943,824
Percentage of the other 370.8 % 27 %

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 Malaysia
Position in the ranking of countries 10 (2023) 21 (2023)
Unemployment [%] 4.07 3.83
Percentage of the other 106.3 % 94.1 %

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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(India)

Australia Malaysia
Position in the ranking of countries 52 (2023) 42 (2023)
Population 26,658,948 35,126,298
Percentage of the other 75.9 % 131.8 %

Population growth (annual %)

Density

Gender

Demography