Australia and United Arab Emirates Economies: A Side-by-Side Table Comparison
Australia and the United Arab Emirates present a fascinating contrast. Australia’s population is about 2.76 times larger, while its landmass dwarfs the UAE by 77.4 times. Economically, Australia boasts a GDP 3.34 times greater, with higher per capita output. However, it faces more income inequality and spends less of its GDP on defense.
Australia’s HDI is 0.946 (very high), while the United Arab Emirates’ is 0.937 (very high). Australia’s score is 0.009 higher, indicating a slight advantage in human development overall.
China 29%, Japan 19%, South Korea 10%, India 7%, Taiwan 6%
India 13%, Japan 10%, China 8%, Saudi Arabia 7%, Iraq 5%
Main export items
coal, iron ore, natural gas, gold, wheat
crude petroleum, refined petroleum, gold, broadcasting equipment, natural gas
Australia’s imports are 1.47 times those of the UAE, and Australia imports 19.64% more of its GDP than the UAE does. Australia’s exports are 447.51B USD, focusing on minerals, while the UAE’s 335.24B USD exports are mainly crude oil, reflecting different economies.
Australia’s military expenditure is $7.34 billion higher but allocates a smaller percentage of its GDP to defense at 1.90%, compared to the United Arab Emirates’ 4.93%.
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