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

Australia and Brazil present a fascinating comparison. Australia’s population is about one-eighth that of Brazil, while Brazil’s land area is slightly larger. Economically, Australia has a higher GDP per capita and invests more in defense, but Brazil faces greater income inequality. Both countries have similar import shares of GDP, with Australia exporting more overall.

Basic Indicators

Indicator	Australia	Brazil	Comparison
Population source (2022 data), updated 2024	26.01 million (54th)	215.31 million (7th)	Australia’s population is approximately 0.12 times that of Brazil.
Surface area (sq. km) source (2022 data), updated 2024	7.74 million sq. km (6th)	8.52 million sq. km (5th)	Brazil is 1.1 times larger than Australia.
GDP source (2022 data), updated 2024	1,692.96B USD (12th)	1,920.10B USD (11th)	Australia’s total GDP is approximately 0.88 times that of Brazil.
GDP per capita source (2022 data), updated 2024	$65,100 (13th)	8,918 USD (80th)	Australia’s GDP per capita is roughly 628% higher than Brazil’s, with Australians producing about $56,182 more per person annually.

Economic Indexes

Index	Australia	Brazil	Comparison
HDI (Human Development Index) source (2022 data), updated 2024	0.946 (10th)	0.76 (84th)	Australia’s HDI is 0.946 (very high), while Brazil’s is 0.760 (medium). Australia’s score is 0.186 higher, indicating significantly better human development overall.
Index of Economic Freedom source (2024 data)	76.2 (12th)	53.2 (114th)	Australia’s Index of Economic Freedom is 43% higher than Brazil’s, 23 points more.
GINI source (2022 data), updated 2024	34.3 (2018 est.)	52.9 (2021 est.)	With a 18.6% higher Gini coefficient, Brazil has a higher degree of income inequality than Australia.

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

Indicator	Australia	Brazil
Total imports	363.57B USD	346.64B
Imports % of GDP	19.71%	19.29%
Main import partners	China 28%, US 10%, South Korea 6%, Japan 6%, Singapore 5%	China 24%, US 18%, Germany 5%, Argentina 5%, India 4%
Main import items	refined petroleum, cars, garments, trucks, plastic products	refined petroleum, fertilizers, vehicle parts/accessories, crude petroleum, pesticides
Total exports	447.51B USD	389.63B
Exports % of GDP	25.43%	20.05%
Main export Partners	China 29%, Japan 19%, South Korea 10%, India 7%, Taiwan 6%	China 26%, US 11%, Argentina 5%, Netherlands 3%, Spain 3%
Main export items	coal, iron ore, natural gas, gold, wheat	soybeans, crude petroleum, iron ore, refined petroleum, corn

Australia’s imports slightly exceed Brazil’s at $363.57B vs. $346.64B, but both countries have similar import shares of GDP. Australia’s exports are higher at $447.51B, making up 25.43% of GDP, while Brazil’s are $389.63B at 20.05%, focusing on agricultural goods.

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

Indicator	Australia	Brazil
Military expenditure	32.3B USD	22.9B USD
Military expenditure (% of GDP)	1.90%	1.05%
Active military	59k	367k
Active military per 1,000 capita	3.8	9.6

Australia’s military expenditure is approximately 42% larger and about $9.45 billion higher than Brazil’s, while Australia allocates a greater percentage of its GDP to defense compared to Brazil.