Compare the economies of the countries

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Economy power of Australia & Mongolia

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Australia vs Mongolia

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Australia Mongolia
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 A landlocked nation of Mongolia is located in East Asia and it borders Russia and China. Though it does not share borders with Kazakhstan, they are only 37 kilometers between them. With the land area of over 1.564 million square kilometers, it is the 18th largest sovereign state in the world. However, because of only 3.3 million residents, it is at the same time one of the most sparsely populated ones. More about Mongolia

Gross domestic product (GDP, GDP PPP)

Gross domestic product (GDP)

Australia Mongolia
Position in the ranking of countries
GDP [US$] 1,728,057,316,695 20,325,121,393
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 Mongolia
Position in the ranking of countries
GNI [US$] 1,653,703,105,439 18,096,012,116
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 Mongolia
Position in the ranking of countries
External balance [US$] 75,573,099,651 1,961,371,705
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 Mongolia
Position in the ranking of countries
Unemployment [%] 4.07 5.42
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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(India)

Australia Mongolia
Position in the ranking of countries
Population 26,658,948 3,481,145
Percentage of the other

Population growth (annual %)

Density

Gender

Demography