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

Australia and Portugal present a fascinating contrast across various key indicators. Australia’s population is about 2.5 times larger, and its land area is 86 times greater. Economically, Australia outpaces Portugal in GDP and military spending, while imports and exports showcase differing strengths in trade diversity and scale.

Basic Indicators

Indicator	Australia	Portugal	Comparison
Population source (2022 data), updated 2024	26.01 million (54th)	10.41 million (88th)	Australia’s population is approximately 2.5 times larger than Portugal’s.
Surface area (sq. km) source (2022 data), updated 2024	7.74 million sq. km (6th)	0.09 million sq. km (106th)	Australia is 86 times larger than Portugal.
GDP source (2022 data), updated 2024	1,692.96B USD (12th)	255.20B USD (48th)	Australia’s total GDP is approximately 6.63 times larger than Portugal’s.
GDP per capita source (2022 data), updated 2024	$65,100 (13th)	24,515 USD (46th)	Australia’s GDP per capita is roughly 166% higher than Portugal’s, with Australians producing about $40,584 more per person annually.

Economic Indexes

Index	Australia	Portugal	Comparison
HDI (Human Development Index) source (2022 data), updated 2024	0.946 (10th)	0.874 (42nd)	Australia’s HDI is 0.946 (very high), while Portugal’s is 0.874 (high). Australia’s score is 0.072 higher, indicating significantly better human development overall.
Index of Economic Freedom source (2024 data)	76.2 (12th)	68.7 (28th)	Australia’s Index of Economic Freedom is 10.5 points higher than Portugal’s, reflecting a difference of approximately 15% in their economic freedom scores.
GINI source (2022 data), updated 2024	34.3 (2018 est.)	34.7 (2020 est.)	With a 10% lower Gini coefficient, Australia has a lower degree of income inequality than Portugal.

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

Indicator	Australia	Portugal
Total imports	363.57B USD	133.01B
Imports % of GDP	19.71%	52.01%
Main import partners	China 28%, US 10%, South Korea 6%, Japan 6%, Singapore 5%	Spain 31%, Germany 11%, France 6%, China 5%, Italy 5%
Main import items	refined petroleum, cars, garments, trucks, plastic products	crude petroleum, cars, refined petroleum, natural gas, vehicle parts/accessories
Total exports	447.51B USD	136.59B
Exports % of GDP	25.43%	49.60%
Main export Partners	China 29%, Japan 19%, South Korea 10%, India 7%, Taiwan 6%	Spain 25%, France 12%, Germany 11%, US 7%, UK 5%
Main export items	coal, iron ore, natural gas, gold, wheat	cars, garments, refined petroleum, vehicle parts/accessories, plastic products

Australia’s imports are nearly three times Portugal’s, but Portugal’s imports make up over double its GDP compared to Australia. Australia’s exports are over three times Portugal’s, focusing on raw materials, while Portugal’s exports are more diverse and higher in GDP percentage.

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

Indicator	Australia	Portugal
Military expenditure	32.3B USD	4.2B USD
Military expenditure (% of GDP)	1.90%	1.35%
Active military	59k	27k
Active military per 1,000 capita	3.8	25.5

Australia’s military expenditure is over 7.6 times larger than Portugal’s at $32.34 billion compared to $4.22 billion, and Australia allocates a greater percentage of its GDP to defense at 1.90% versus Portugal’s 1.35%.