Australia and Iran Economies: A Side-by-Side Table Comparison

In comparing Australia and Iran, we see distinct differences across various indicators. Iran’s population is about 3.4 times larger, while Australia’s land area is 4.42 times greater. Economically, Australia’s GDP is over 4 times larger, with a significantly higher GDP per capita. Australia also invests more in military spending, despite Iran allocating a larger percentage of its GDP to defense. In terms of imports, Australia surpasses Iran by more than threefold, but Iran’s imports constitute a larger share of its economy.

Basic Indicators

Indicator	Australia	Iran	Comparison
Population source (2022 data), updated 2024	26.01 million (54th)	88.55 million (16th)	Iran’s population is approximately 3.4 times larger than Australia’s.
Surface area (sq. km) source (2022 data), updated 2024	7.74 million sq. km (6th)	1.75 million sq. km (17th)	Australia is 4.42 times larger than Iran.
GDP source (2022 data), updated 2024	1,692.96B USD (12th)	413.49B USD (34th)	Australia’s total GDP is approximately 4.1 times larger than Iran’s.
GDP per capita source (2022 data), updated 2024	$65,100 (13th)	4,670 USD (114th)	Australia’s GDP per capita is roughly 86% higher than Iran’s, with Australians producing about $60,430 more per person annually.

Economic Indexes

Index	Australia	Iran	Comparison
HDI (Human Development Index) source (2022 data), updated 2024	0.946 (10th)	0.78 (74th)	Australia’s HDI is 0.946 (very high), while Iran’s is 0.780 (medium). Australia’s score is 0.166 higher, indicating significantly better human development overall.
Index of Economic Freedom source (2024 data)	76.2 (12th)	41.2 (155th)	Australia’s Index of Economic Freedom is 35% higher than Iran’s, 35 points more.
GINI source (2022 data), updated 2024	34.3 (2018 est.)	40.9 (2019 est.)	With a 20% higher Gini coefficient, Iran has a higher degree of income inequality than Australia.

International trade _{source(2023 data), updated 2024}

Indicator	Australia	Iran
Total imports	363.57B USD	102.47B
Imports % of GDP	19.71%	24.78%
Main import partners	China 28%, US 10%, South Korea 6%, Japan 6%, Singapore 5%	China 28%, UAE 19%, Brazil 13%, Turkey 9%, India 6%
Main import items	refined petroleum, cars, garments, trucks, plastic products	broadcasting equipment, corn, soybeans, vehicle parts/accessories, rice
Total exports	447.51B USD	110.88B
Exports % of GDP	25.43%	26.82%
Main export Partners	China 29%, Japan 19%, South Korea 10%, India 7%, Taiwan 6%	China 36%, Turkey 20%, Kuwait 6%, Pakistan 5%, India 4%
Main export items	coal, iron ore, natural gas, gold, wheat	ethylene polymers, refined copper, acyclic alcohols, aluminum, natural gas

Australia’s imports are over three times Iran’s, but Iran’s imports make up 24.78% of its GDP, 5% more than Australia’s 19.71%. Australia’s exports are four times Iran’s, focusing on raw materials like coal and iron ore, while Iran exports more processed goods.

Military Power _{source (2023 data), updated 2024}

Indicator	Australia	Iran
Military expenditure	32.3B USD	10.3B USD
Military expenditure (% of GDP)	1.90%	2.59%
Active military	59k	610k
Active military per 1,000 capita	3.8	11.4

Australia’s military expenditure is approximately 2.15 times larger than Iran’s at $32.34 billion compared to $10.28 billion, while Iran allocates a higher percentage of its GDP to defense at 2.59% versus Australia’s 1.90%.