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.

Basic Indicators

Indicator	Australia	Iraq	Comparison
Population source (2022 data), updated 2024	26.01 million (54th)	44.50 million (34th)	Iraq’s population is approximately 1.71 times larger than Australia’s.
Surface area (sq. km) source (2022 data), updated 2024	7.74 million sq. km (6th)	0.44 million sq. km (58th)	Australia is 17.6 times larger than Iraq.
GDP source (2022 data), updated 2024	1,692.96B USD (12th)	264.18B USD (47th)	Australia’s total GDP is approximately 6.4 times larger than Iraq’s.
GDP per capita source (2022 data), updated 2024	$65,100 (13th)	5,937 USD (104th)	Australia’s GDP per capita is roughly 89% higher than Iraq’s, with Australians producing about $59,162 more per person annually.

Economic Indexes

Index	Australia	Iraq	Comparison
HDI (Human Development Index) source (2022 data), updated 2024	0.946 (10th)	0.673 (119th)	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.
Index of Economic Freedom source (2024 data)	76.2 (12th)	unranked ()	Australia’s Index of Economic Freedom is significantly higher than Iraq’s, with a score of 76.2 compared to Iraq’s unranked status.
GINI source (2022 data), updated 2024	34.3 (2018 est.)	29.5 (2012 est.)	With a 16.2% higher Gini coefficient, Australia has a higher degree of income inequality than Iraq.

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

Indicator	Australia	Iraq
Total imports	363.57B USD	69.16B
Imports % of GDP	19.71%	25.40%
Main import partners	China 28%, US 10%, South Korea 6%, Japan 6%, Singapore 5%	UAE 32%, China 21%, Turkey 20%, India 4%, South Korea 2%
Main import items	refined petroleum, cars, garments, trucks, plastic products	refined petroleum, broadcasting equipment, cars, jewelry, garments
Total exports	447.51B USD	127.08B
Exports % of GDP	25.43%	46.56%
Main export Partners	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.

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

Indicator	Australia	Iraq
Military expenditure	32.3B USD	5.1B USD
Military expenditure (% of GDP)	1.90%	1.67%
Active military	59k	193k
Active military per 1,000 capita	3.8	8.5

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%.