Country comparison

United Kingdom

Europe ยท GBP

VS

Australia

Oceania ยท AUD

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‡ฌ๐Ÿ‡ง United Kingdom๐Ÿ‡ฆ๐Ÿ‡บ AustraliaGap
GDP$3.50 tn$1.80 tn$1.70 tn
GDP Growth1.1%1.4%-0.3%
GDP / Capita$51,000$65,000$-14,000
Population68.5M27.2M41.3M
Inflation2.8%3.0%-0.2%
Unemployment4.4%4.2%0.2%
Interest Rate4.3%3.9%0.4%
Gov. Debt101.0% of GDP50.0% of GDP51.0% of GDP
FX Reserves$180 bn$65 bn$115 bn
Gold Reserves310 t80 t230 t

Economy

Gross Domestic Product

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

Focus chart โ†’

United Kingdom

$3.50 tn

#6-0.1%vs prior

Australia

$1.80 tn

#10-3.1%vs prior

Gap (A โˆ’ B)

$1.70 tn

+94.4% vs B

GDP Growth

Annual real GDP growth rate.

Focus chart โ†’

United Kingdom

1.1%

#7+14.9%vs prior

Australia

1.4%

#6+12.4%vs prior

Gap (A โˆ’ B)

-0.3%

-21.4% vs B

GDP Per Capita

Nominal GDP divided by mid-year population.

Focus chart โ†’

United Kingdom

$51,000

#5-4.8%vs prior

Australia

$65,000

#2-0.9%vs prior

Gap (A โˆ’ B)

$-14,000

-21.5% vs B

Population

Population

Total mid-year population.

Focus chart โ†’

United Kingdom

68.5M

#7-0.5%vs prior

Australia

27.2M

#10-0.4%vs prior

Gap (A โˆ’ B)

41.3M

+151.8% vs B

Employment

Unemployment Rate

Share of the labour force that is unemployed.

Focus chart โ†’

United Kingdom

4.4%

#6+6.3%vs prior

Australia

4.2%

#7-8.1%vs prior

Gap (A โˆ’ B)

0.2%

+4.8% vs B

Government

Government Debt

General government gross debt as a share of GDP.

Focus chart โ†’

United Kingdom

101.0% of GDP

#5+0.8%vs prior

Australia

50.0% of GDP

#10-2.4%vs prior

Gap (A โˆ’ B)

51.0% of GDP

+102.0% vs B

Currency

Policy Interest Rate

Central bank main policy / target rate.

Focus chart โ†’

United Kingdom

4.3%

#4+3.1%vs prior

Australia

3.9%

#5-6.4%vs prior

Gap (A โˆ’ B)

0.4%

+10.4% vs B

Inflation (CPI)

Year-over-year consumer price inflation.

Focus chart โ†’

United Kingdom

2.8%

#5+5.7%vs prior

Australia

3.0%

#3-1.8%vs prior

Gap (A โˆ’ B)

-0.2%

-6.7% vs B

Reserves

Foreign Exchange Reserves

Total foreign exchange reserves excluding gold, USD.

Focus chart โ†’

United Kingdom

$180 bn

#8-6.1%vs prior

Australia

$65 bn

#10+4.6%vs prior

Gap (A โˆ’ B)

$115 bn

+176.9% vs B

Gold Reserves

Official gold holdings of the monetary authority.

Focus chart โ†’

United Kingdom

310 t

#7+1.3%vs prior

Australia

80 t

#9-3.0%vs prior

Gap (A โˆ’ B)

230 t

+287.5% vs B

Explore further