Nomad Watch
AU

AU · AUS · #6 · 41 cities

Nomad score 59/100 Compare

Key indicators

GDP per capita (PPP) (2031)
$94,223
GDP (2031)
$2.6T
GDP growth (2031)
2.3% →
Inflation (2031)
2.4% ↓
Unemployment (2031)
4.5% →
Population (2031)
29.8M
Population growth (2031)
1.2% →
Gini index (2020)
33.8
Government debt (2031)
49.1% of GDP
Current account (2031)
-2.4% of GDP
FDI inflows (2025)
$36.5B
Life expectancy (2024)
83.1 yrs
Health spending (2023)
10.4% of GDP
Internet users (2024)
96.1%
Mobile subscriptions (2024)
112.6/100
Trade openness (2025)
45.9% of GDP
Exchange rate (2025)
1.55/USD
Foreign reserves (2025)
$72.6B
Source: World Bank + IMF World Economic Outlook. Most recent data: 2031.

GDP overview

Nominal GDP and real growth. Dashed = IMF forecast.

GDP per capita (PPP)

Purchasing power parity adjusted, in international dollars

Inflation (CPI)

Unemployment

ILO modeled estimate

Population

Fiscal and trade

Government debt (2031)
49.1% of GDP
Current account (2031)
-2.4% of GDP
FDI inflows (2025)
$36.5B

Income inequality (Gini)

Gini index (2020)
0.34
Assessment
Moderate inequality
Source: World Bank PIP via OWID. 0 = perfect equality, 1 = maximum inequality.

Business environment

New business density (2024)
18.06/1k
Tax revenue (2022)
23.6% of GDP
Services sector (2025)
67.5% of GDP

Financial access and costs

ATMs per 100k (2024)
105.2
Bank branches per 100k (2024)
15.5
ICT service exports (2025)
3.4%
Goods and services tax (2022)
5.2%

Historical data

Historical economic data
Year GDP GDP/cap PPP Growth Inflation Unemp. Population Gini Debt Curr. acct FDI Life exp. Health Internet FX rate
2031 * $2.6T $94,223 2.3% 2.4% 4.5% 29.8M - 49.1% -2.4% - - - - -
2030 * $2.5T $91,444 2.3% 2.5% 4.5% 29.4M - 49.7% -2.4% - - - - -
2029 * $2.4T $88,691 2.1% 2.5% 4.4% 29.1M - 50.2% -2.3% - - - - -
2028 * $2.3T $86,443 1.9% 2.6% 4.4% 28.8M - 50.5% -2.3% - - - - -
2027 * $2.2T $84,369 1.7% 3.2% 4.3% 28.4M - 50.7% -2.2% - - - - -
2026 * $2.1T $82,011 2.0% 4.0% 4.2% 28.1M - 50.6% -2.3% - - - - -
2025 $1.8T $71,934 2.0% 2.9% 4.2% 27.7M - 51.0% -2.6% $36.5B - - - 1.55
2024 $1.8T $72,118 1.0% 3.2% 4.0% 27.4M - 50.6% -2.2% $53.7B 83.1 - 96.1% 1.52
2023 $1.7T $72,273 2.1% 5.6% 3.7% 27.0M - 49.4% -0.4% $35.3B 83.1 10.4% 96.1% 1.51
2022 $1.7T $66,103 4.2% 6.6% 3.7% 26.3M - 50.0% 0.3% $68.7B 83.2 9.9% 96.1% 1.44
2021 $1.7T $58,327 5.4% 2.8% 5.1% 25.8M - 55.4% 2.3% $31.5B 83.3 10.5% 97.0% 1.33
2020 $1.4T $54,184 -2.0% 0.9% 6.5% 25.6M 33.8 56.9% 1.6% $18.0B 83.2 10.7% 94.7% 1.45
2019 $1.4T $52,886 2.0% 1.6% 5.2% 25.5M - 46.5% -0.1% $38.7B 82.9 10.3% 93.6% 1.44
2018 $1.4T $50,371 2.8% 1.9% 5.3% 25.1M 34.3 41.6% -2.6% $60.7B 82.8 10.1% 90.0% 1.34
2017 $1.4T $48,565 2.4% 2.0% 5.6% 24.8M - 41.0% -2.9% $48.2B 82.5 10.1% 86.6% 1.30
2016 $1.3T $47,446 2.7% 1.3% 5.7% 24.4M 33.7 40.5% -3.5% $43.0B 82.5 10.1% 86.5% 1.35
2015 $1.2T $46,465 2.3% 1.5% 6.1% 24.0M - 37.6% -4.7% $46.9B 82.4 10.1% 84.6% 1.33
2014 $1.5T $47,109 2.6% 2.5% 6.1% 23.6M 34.4 33.9% -3.1% $63.2B 82.3 9.8% 84.0% 1.11
2013 $1.5T $46,123 2.2% 2.5% 5.7% 23.3M - 30.3% -3.4% $54.5B 82.2 8.8% 83.5% 1.04
2012 $1.6T $43,007 3.9% 1.7% 5.2% 22.9M - 27.4% -4.4% $57.6B 82.1 8.7% 79.0% 0.97
2011 $1.5T $42,153 2.8% 3.4% 5.1% 22.5M - 24.0% -3.0% $65.6B 81.9 8.5% 79.5% 0.97
2010 $1.3T $39,504 2.4% 2.9% 5.2% 22.2M 34.7 20.3% -3.7% $35.6B 81.7 8.4% 76.0% 1.09
2009 $1.0T $40,434 2.0% 1.8% 5.6% 21.9M - 16.6% -4.5% $28.9B 81.5 8.5% 74.3% 1.28
2008 $1.1T $37,616 2.7% 4.3% 4.3% 21.5M 35.4 11.7% -4.9% $45.2B 81.4 8.3% 71.7% 1.19
2007 $951.9B $36,708 4.4% 2.4% 4.4% 21.0M - 9.6% -6.7% $44.4B 81.3 8.1% 69.5% 1.20
2006 $784.9B $34,890 2.6% 3.6% 4.8% 20.6M - 9.9% -5.9% $30.6B 81.0 8.0% 66.0% 1.33
2005 $737.7B $33,090 3.0% 2.7% 5.0% 20.3M - 10.8% -6.0% -$25.1B 80.8 8.0% 63.0% 1.31
Source: World Bank + IMF World Economic Outlook. * = IMF forecast.

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