Australia and South Africa Economies: A Side-by-Side Table Comparison
In comparing Australia and South Africa, we see notable differences: South Africa’s population is about 2.3 times larger, while Australia boasts a land area 6.35 times greater. Australia’s GDP is over four times larger, and its military spending is roughly 11.6 times more. Despite this, South Africa has higher income inequality.
Australia’s HDI is 0.946 (very high), while South Africa’s is 0.717 (medium). Australia’s score is 0.229 higher, indicating significantly better human development overall.
China 29%, Japan 19%, South Korea 10%, India 7%, Taiwan 6%
China 16%, US 7%, Germany 7%, India 6%, Japan 6%
Main export items
coal, iron ore, natural gas, gold, wheat
gold, platinum, coal, cars, diamonds
Australia’s imports are nearly three times South Africa’s, but South Africa’s imports make up 31.5% of its GDP, 11.8% more than Australia. Australia’s exports are over three times South Africa’s, focusing on raw materials, while South Africa’s exports are more diverse.
Australia’s military expenditure is approximately 11.6 times larger than South Africa’s at $32.34 billion compared to $2.78 billion, and Australia allocates a significantly higher percentage of its GDP to defense at 1.90% versus South Africa’s 0.74%.
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