Members' Research Service By / June 6, 2017

Australia: Economic indicators and trade with the EU

Australia was the world’s 13th largest economy in 2018, with growth in gross domestic product (GDP) at 2.9 %.

GDP per capita and annual growth

Written by Nadejda Kresnichka-Nikolchova (EPRS),

In cooperation with Olga Griaznova (from GlobalStat | EUI),

Updated on 24.02.2020

Australia was the world’s 13th largest economy in 2018, with growth in gross domestic product (GDP) at 2.9 %. It has a strong and dynamic relationship with the EU. Negotiations for a free trade agreement between Australia and the EU were formally launched in June 2018. In 2018, Australia was the EU’s 19th largest trading partner, with a 1.2% share of the EU’s total trade. Further information on EU-Australia trade relations, such as the composition of trade between the two partners, can be found in this infographic, which also provides an economic snapshot of Australia.

Download this infographic on ‘Australia: Economic indicators and trade with EU‘ in PDF.


GlobalStat, a EUI’s Robert Schuman Centre for Advanced Studies and the Francisco Manuel dos Santos Foundation project, aims to offer the best available gateway to statistical data. It is easily accessible, intuitive to use, and free of charge. In just three clicks it offers data from 1960 onwards for 193 UN countries, five continents and 12 political and regional entities – including the European Union – gathered from over 80 international sources. The project, presents data as diverse as income distribution, water resources, housing, migration, land use, food production, nutrition, or life expectancy, which contributes to a better understanding of the interrelations between human living conditions and globalisation trends.


 

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