Compare the economies of the countries

Table of Contents

Economy power of Australia & Norway

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Australia vs Norway

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Australia Norway
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 The Kingdom of Norway is a nation located in Northern Europe and it is one of the Nordic countries. Most of its territory is located on the western and northernmost portion of the Scandinavian Peninsula. However, they also own the archipelago of Svalbard and the Arctic island of Jan Mayen as well as several other minor isles. There are four different bordering nations, namely Sweden, Denmark, Finland and Russia. The Norwegian land covers approximately 385,000 square kilometers  More about Norway

Gross domestic product (GDP, GDP PPP)

Gross domestic product (GDP)

Australia Norway
Position in the ranking of countries
GDP [US$] 1,728,057,316,695 485,310,823,603
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 Norway
Position in the ranking of countries
GNI [US$] 1,653,703,105,439 507,846,254,957
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 Norway
Position in the ranking of countries
External balance [US$] 75,573,099,651 71,491,259,072
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 Norway
Position in the ranking of countries
Unemployment [%] 4.07 3.97
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 Norway
Position in the ranking of countries
Population 26,658,948 5,519,594
Percentage of the other

Population growth (annual %)

Density

Gender

Demography