Australia and Iraq Economies: A Side-by-Side Table Comparison
Australia and Iraq present a striking contrast across various indicators. Iraq’s population is about 1.7 times larger, yet Australia boasts a land area 17.6 times greater. Economically, Australia’s GDP is 6.4 times larger, with significantly higher GDP per capita. In military spending, Australia outpaces Iraq by over six times, while imports and exports reveal distinct trade focuses.
Australia’s HDI is 0.946 (very high), while Iraq’s is 0.673 (medium). Australia’s score is 0.273 higher, indicating significantly better human development overall.
China 29%, Japan 19%, South Korea 10%, India 7%, Taiwan 6%
India 32%, China 28%, US 8%, South Korea 7%, Greece 5%
Main export items
coal, iron ore, natural gas, gold, wheat
crude petroleum, refined petroleum, gold, petroleum coke, natural gas
Australia’s imports are over five times Iraq’s, but Iraq’s imports make up 25% of its GDP, 30% more than Australia’s. Australia’s exports are over three times Iraq’s, focusing on minerals and agriculture, while Iraq relies heavily on petroleum.
Australia’s military expenditure is over six times larger than Iraq’s at $32.34 billion compared to $5.11 billion, and Australia allocates a slightly higher percentage of its GDP to defense at 1.90% versus Iraq’s 1.67%.
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