Country comparison

Australia

Oceania ยท AUD

VS

United Kingdom

Europe ยท GBP

Side-by-side levels, gaps, and history โ€” no winner badges.

Key takeaways

  • United Kingdom has the larger nominal GDP in this set (3.50 vs 1.80 USD tn) โ€” Australia is about 51% of that level.
  • On latest GDP growth, Australia prints 1.4% vs 1.1% for United Kingdom.
  • GDP per capita is higher in Australia than United Kingdom (65,000 vs 51,000 USD).
  • United Kingdom has the larger population versus Australia in this snapshot.
  • Consumer inflation runs higher in Australia (3.0%) than United Kingdom (2.8%).
  • Government debt / GDP is 101% in United Kingdom vs 50% in Australia.
  • Figures are illustrative MVP snapshots with source metadata โ€” not a scoreboard. Open any metric for a focused historical chart.

At a glance

Metric๐Ÿ‡ฆ๐Ÿ‡บ Australia๐Ÿ‡ฌ๐Ÿ‡ง United KingdomGap
GDP$1.80 tn$3.50 tn$-1.70 tn
GDP Growth1.4%1.1%0.3%
GDP / Capita$65,000$51,000$14,000
Population27.2M68.5M-41.3M
Inflation3.0%2.8%0.2%
Unemployment4.2%4.4%-0.2%
Interest Rate3.9%4.3%-0.4%
Gov. Debt50.0% of GDP101.0% of GDP-51.0% of GDP
FX Reserves$65 bn$180 bn$-115 bn
Gold Reserves80 t310 t-230 t

Economy

Gross Domestic Product

Nominal GDP in current US dollars โ€” the broadest measure of economic output.

Focus chart โ†’

Australia

$1.80 tn

#10-3.1%vs prior

United Kingdom

$3.50 tn

#6-0.1%vs prior

Gap (A โˆ’ B)

$-1.70 tn

-48.6% vs B

GDP Growth

Annual real GDP growth rate.

Focus chart โ†’

Australia

1.4%

#6+12.4%vs prior

United Kingdom

1.1%

#7+14.9%vs prior

Gap (A โˆ’ B)

0.3%

+27.3% vs B

GDP Per Capita

Nominal GDP divided by mid-year population.

Focus chart โ†’

Australia

$65,000

#2-0.9%vs prior

United Kingdom

$51,000

#5-4.8%vs prior

Gap (A โˆ’ B)

$14,000

+27.5% vs B

Population

Population

Total mid-year population.

Focus chart โ†’

Australia

27.2M

#10-0.4%vs prior

United Kingdom

68.5M

#7-0.5%vs prior

Gap (A โˆ’ B)

-41.3M

-60.3% vs B

Employment

Unemployment Rate

Share of the labour force that is unemployed.

Focus chart โ†’

Australia

4.2%

#7-8.1%vs prior

United Kingdom

4.4%

#6+6.3%vs prior

Gap (A โˆ’ B)

-0.2%

-4.5% vs B

Government

Government Debt

General government gross debt as a share of GDP.

Focus chart โ†’

Australia

50.0% of GDP

#10-2.4%vs prior

United Kingdom

101.0% of GDP

#5+0.8%vs prior

Gap (A โˆ’ B)

-51.0% of GDP

-50.5% vs B

Currency

Policy Interest Rate

Central bank main policy / target rate.

Focus chart โ†’

Australia

3.9%

#5-6.4%vs prior

United Kingdom

4.3%

#4+3.1%vs prior

Gap (A โˆ’ B)

-0.4%

-9.4% vs B

Inflation (CPI)

Year-over-year consumer price inflation.

Focus chart โ†’

Australia

3.0%

#3-1.8%vs prior

United Kingdom

2.8%

#5+5.7%vs prior

Gap (A โˆ’ B)

0.2%

+7.1% vs B

Reserves

Foreign Exchange Reserves

Total foreign exchange reserves excluding gold, USD.

Focus chart โ†’

Australia

$65 bn

#10+4.6%vs prior

United Kingdom

$180 bn

#8-6.1%vs prior

Gap (A โˆ’ B)

$-115 bn

-63.9% vs B

Gold Reserves

Official gold holdings of the monetary authority.

Focus chart โ†’

Australia

80 t

#9-3.0%vs prior

United Kingdom

310 t

#7+1.3%vs prior

Gap (A โˆ’ B)

-230 t

-74.2% vs B

Explore further