Australia and Philippines Economies: A Side-by-Side Table Comparison
Australia and the Philippines present a striking contrast across various indicators. While Australia’s population is about 4.4 times smaller, its land area is 25.8 times larger. Economically, Australia boasts a GDP roughly 4.18 times greater and exports over four times more, focusing on natural resources, compared to the Philippines’ tech components.
Australia’s HDI is 0.946 (very high), while the Philippines’ is 0.710 (medium). Australia’s score is 0.236 higher, indicating significantly better human development overall.
Australia’s imports are 2.4 times larger than the Philippines, yet it spends 55% less of its GDP on imports compared to the Philippines. Australia’s exports are over four times those of the Philippines, focusing on natural resources, while the Philippines exports tech components.
Australia’s military expenditure is over five times larger than the Philippines at $32.34 billion compared to $5.45 billion, and Australia allocates a significantly higher percentage of its GDP to defense at 1.90% versus the Philippines’ 1.00%.
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