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CompareEconomy.com Comparison of world economies

Compare the economies of the countries

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Economy power of Australia & Venezuela

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Australia vs Venezuela

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Australia Venezuela
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World Rank 11 9.34 World Rank
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 Bolivian Republic of Venezuela is a nation situated on the northern coast of South America. It consists of its mainland and several islands and islets that are located in the Caribbean Sea. With a land coverage of 916,000 square kilometers, it is one of the largest nations in size in Latin America. The capital city and its largest urban agglomeration is Caracas. More about Venezuela

Gross domestic product (GDP, GDP PPP)

Gross domestic product (GDP)

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(United States of America (USA))

Australia Venezuela
Position in the ranking of countries
GDP [US$] 1,552,667,363,236 482,359,318,767
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 Venezuela
Position in the ranking of countries
GNI [US$] 1,535,457,123,665 476,933,862,544
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 Venezuela
Position in the ranking of countries
External balance [US$] 66,458,690,947 -70,922,056,745
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 Venezuela
Position in the ranking of countries
Unemployment [%] 5.12 6.47
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 Venezuela
Position in the ranking of countries
Population 25,688,079 28,199,867
Percentage of the other

Population growth (annual %)

Density

Gender

Demography