Australia and Belgium Economies: A Side-by-Side Table Comparison
Australia and Belgium present a striking contrast across several key indicators. Australia’s population is over twice as large, while its land area dwarfs Belgium by 258 times. Economically, Australia boasts a significantly larger GDP and higher per capita income, but faces greater income inequality. In defense, Australia spends over four times more, yet Belgium’s import economy is notably larger. Explore these comparisons to understand the distinct profiles of each nation.
Australia’s HDI is 0.946 (very high), while Belgium’s is 0.942 (very high). Australia’s score is 0.004 higher, indicating a slightly better human development overall.
Australia’s imports are about two-thirds of Belgium’s, and Belgium imports a whopping 77.65% more of its GDP than Australia. Australia’s exports are $447.51B, mainly coal and iron ore, while Belgium’s $535.17B exports focus on vaccines and cars, reflecting different economies.
Australia’s military expenditure is over four times larger than Belgium’s at $32.34 billion compared to $7.63 billion, and Australia allocates a greater percentage of its GDP to defense at 1.90% versus Belgium’s 1.18%.
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