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

Australia and Denmark present a striking contrast across various key indicators. Australia’s population is about 4.4 times larger, and its land area is an astonishing 193.5 times bigger. While Australia’s GDP is over four times greater, its GDP per capita is slightly lower. In military spending, Australia invests four times more, yet Denmark’s exports form a significant part of its economy.

Basic Indicators

Indicator	Australia	Denmark	Comparison
Population source (2022 data), updated 2024	26.01 million (54th)	5.90 million (109th)	Australia’s population is approximately 4.4 times larger than Denmark’s.
Surface area (sq. km) source (2022 data), updated 2024	7.74 million sq. km (6th)	0.04 million sq. km (124th)	Australia is 193.5 times larger than Denmark.
GDP source (2022 data), updated 2024	1,692.96B USD (12th)	400.17B USD (39th)	Australia’s total GDP is approximately 4.23 times larger than Denmark’s.
GDP per capita source (2022 data), updated 2024	$65,100 (13th)	67,790 USD (12th)	Australia’s GDP per capita is roughly 4% lower than Denmark’s, with Australians producing about $2,690 less per person annually.

Economic Indexes

Index	Australia	Denmark	Comparison
HDI (Human Development Index) source (2022 data), updated 2024	0.946 (10th)	0.952 (5th)	Australia’s HDI is 0.946 (very high), while Denmark’s is 0.952 (very high). Denmark’s score is 0.006 higher, indicating slightly better human development overall.
Index of Economic Freedom source (2024 data)	76.2 (12th)	77.8 (5th)	Australia’s Index of Economic Freedom is 2.1% lower than Denmark’s, 1.6 points less.
GINI source (2022 data), updated 2024	34.3 (2018 est.)	27.5 (2020 est.)	With a 24.6% higher Gini coefficient, Australia has a higher degree of income inequality than Denmark.

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

Indicator	Australia	Denmark
Total imports	363.57B USD	240.27B
Imports % of GDP	19.71%	58.92%
Main import partners	China 28%, US 10%, South Korea 6%, Japan 6%, Singapore 5%	Germany 20%, Sweden 12%, China 9%, Netherlands 8%, Norway 5%
Main import items	refined petroleum, cars, garments, trucks, plastic products	garments, cars, refined petroleum, electricity, packaged medicine
Total exports	447.51B USD	278.92B
Exports % of GDP	25.43%	70.01%
Main export Partners	China 29%, Japan 19%, South Korea 10%, India 7%, Taiwan 6%	Germany 15%, US 11%, Sweden 10%, Netherlands 6%, Norway 5%
Main export items	coal, iron ore, natural gas, gold, wheat	packaged medicine, garments, fish, electricity, refined petroleum

Australia’s imports are 1.5 times Denmark’s, but Denmark imports 199% more of its GDP than Australia does. Australia’s exports are 1.6 times Denmark’s, but Denmark’s exports make up a whopping 70% of its GDP, focusing on high-value goods.

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

Indicator	Australia	Denmark
Military expenditure	32.3B USD	8.1B USD
Military expenditure (% of GDP)	1.90%	1.42%
Active military	59k	15k
Active military per 1,000 capita	3.8	10.1

Australia’s military expenditure is approximately four times larger than Denmark’s at $32.34 billion compared to $8.14 billion, and Australia allocates a higher percentage of its GDP to defense at 1.90% versus Denmark’s 1.42%.