Australia and Turkey (Turkiye) Economies: A Side-by-Side Table Comparison

In comparing Australia and Turkey, we see distinct differences in key areas. Turkey’s population is over three times that of Australia, while Australia boasts nearly ten times the land size. Economically, Australia has a larger GDP and higher GDP per capita, alongside greater economic freedom. However, Turkey faces more income inequality and has a more diverse export profile.

Basic Indicators

Indicator	Australia	Turkey (Turkiye)	Comparison
Population source (2022 data), updated 2024	26.01 million (54th)	84.98 million (17th)	Turkey’s population is approximately 3.27 times larger than Australia’s.
Surface area (sq. km) source (2022 data), updated 2024	7.74 million sq. km (6th)	0.79 million sq. km (35th)	Australia is 9.8 times larger than Turkey.
GDP source (2022 data), updated 2024	1,692.96B USD (12th)	907.12B USD (19th)	Australia’s total GDP is approximately 1.86 times larger than Turkey’s.
GDP per capita source (2022 data), updated 2024	$65,100 (13th)	10,675 USD (74th)	Australia’s GDP per capita is roughly 84% higher than Turkey’s, with Australians producing about $54,325 more per person annually.

Economic Indexes

Index	Australia	Turkey (Turkiye)	Comparison
HDI (Human Development Index) source (2022 data), updated 2024	0.946 (10th)	0.855 (46th)	Australia’s HDI is 0.946 (very high), while Turkey’s is 0.855 (high). Australia’s score is 0.091 higher, indicating significantly better human development overall.
Index of Economic Freedom source (2024 data)	76.2 (12th)	56.2 (93rd)	Australia’s Index of Economic Freedom is 35.5% higher than Turkey’s, 20 points more.
GINI source (2022 data), updated 2024	34.3 (2018 est.)	41.9 (2019 est.)	With a 20% higher Gini coefficient, Turkey has a higher degree of income inequality than Australia.

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

Indicator	Australia	Turkey (Turkiye)
Total imports	363.57B USD	386.83B
Imports % of GDP	19.71%	42.59%
Main import partners	China 28%, US 10%, South Korea 6%, Japan 6%, Singapore 5%	China 13%, Germany 9%, Russia 8%, US 5%, Italy 5%
Main import items	refined petroleum, cars, garments, trucks, plastic products	gold, refined petroleum, plastics, scrap iron, cars
Total exports	447.51B USD	352.51B
Exports % of GDP	25.43%	38.58%
Main export Partners	China 29%, Japan 19%, South Korea 10%, India 7%, Taiwan 6%	Germany 8%, US 7%, Iraq 5%, UK 5%, Italy 5%
Main export items	coal, iron ore, natural gas, gold, wheat	garments, refined petroleum, cars, jewelry, plastic products

Australia’s imports are 6% less than Turkey’s, and Australia imports 23% less of its GDP compared to Turkey’s higher percentage. Australia’s exports are 127B USD more than Turkey’s, focusing on raw materials, while Turkey’s exports are more diverse and value-added.

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

Indicator	Australia	Turkey (Turkiye)
Military expenditure	32.3B USD	15.8B USD
Military expenditure (% of GDP)	1.90%	1.23%
Active military	59k	355k
Active military per 1,000 capita	3.8	10.7

Australia’s military expenditure is approximately 104% larger and $16.5 billion higher than Turkey’s, while Australia allocates a greater percentage of its GDP to defense compared to Turkey’s military spending.