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.

Basic Indicators

IndicatorAustralia Flag of Australia %28converted%29Philippines Flag of the PhilippinesComparison
Population source (2022 data), updated 202426.01 million (54th)115.56 million (13th)Australia’s population is approximately 4.4 times smaller than the Philippines.
Surface area (sq. km) source (2022 data), updated 20247.74 million sq. km (6th)0.30 million sq. km (71st)Australia is 25.8 times larger than the Philippines.
GDP source (2022 data), updated 20241,692.96B USD (12th)404.28B USD (38th)Australia’s total GDP is approximately 4.18 times larger than the Philippines.
GDP per capita source (2022 data), updated 2024$65,100 (13th)3,499 USD (126th)Australia’s GDP per capita is roughly 81% higher than the Philippines’, with Australians producing about $61,601 more per person annually.

Economic Indexes

IndexAustralia Flag of Australia %28converted%29Philippines Flag of the PhilippinesComparison
HDI (Human Development Index) source (2022 data), updated 20240.946 (10th)0.71 (105th)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.
Index of Economic Freedom source (2024 data)76.2 (12th)59 (78th)Australia’s Index of Economic Freedom is 29% higher than the Philippines’, 17.2 points more.
GINI source (2022 data), updated 202434.3 (2018 est.)40.7 (2021 est.)With a 15.8% higher Gini coefficient, the Philippines has a higher degree of income inequality than Australia.

International trade source(2023 data), updated 2024

IndicatorAustralia Flag of Australia %28converted%29Philippines Flag of the Philippines
Total imports363.57B USD150.27B
Imports % of GDP19.71%44.03%
Main import partnersChina 28%, US 10%, South Korea 6%, Japan 6%, Singapore 5%China 32%, Indonesia 8%, South Korea 7%, Japan 7%, Singapore 6%
Main import itemsrefined petroleum, cars, garments, trucks, plastic productsintegrated circuits, refined petroleum, coal, cars, plastic products
Total exports447.51B USD103.60B
Exports % of GDP25.43%28.39%
Main export PartnersChina 29%, Japan 19%, South Korea 10%, India 7%, Taiwan 6%US 14%, China 14%, Hong Kong 11%, Japan 10%, Singapore 6%
Main export itemscoal, iron ore, natural gas, gold, wheatintegrated circuits, machine parts, gold, semiconductors, insulated wire

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.

Military Power source (2023 data), updated 2024

IndicatorAustralia Flag of Australia %28converted%29Philippines Flag of the Philippines
Military expenditure32.3B USD5.5B USD
Military expenditure (% of GDP)1.90%1.00%
Active military59k150k
Active military per 1,000 capita3.815.2

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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