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  • Comparing Economies

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    Sandra Vesta
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    This document compares economic, social, and environmental statistics between Australia and China. It shows that in 2009, Australia had a higher GDP per capita than China, but China had a higher real GDP growth rate. While unemployment was lower in China, Australia ranked higher on the Human Development Index and had fewer environmental problems than China's issues with pollution and carbon dioxide emissions. Both countries provide education and health care access to their citizens, but through different systems of public programs in Australia versus private options in China.

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    This document compares economic, social, and environmental statistics between Australia and China. It shows that in 2009, Australia had a higher GDP per capita than China, but China had a higher real GDP growth rate. While unemployment was lower in China, Australia ranked higher on the Human Development Index and had fewer environmental problems than China's issues with pollution and carbon dioxide emissions. Both countries provide education and health care access to their citizens, but through different systems of public programs in Australia versus private options in China.

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    Attribution Non-Commercial (BY-NC)
    Download as DOCX, PDF, TXT or read online from Scribd
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    9 views1 page

    Comparing Economies

    Uploaded by

    Sandra Vesta
    This document compares economic, social, and environmental statistics between Australia and China. It shows that in 2009, Australia had a higher GDP per capita than China, but China had a higher real GDP growth rate. While unemployment was lower in China, Australia ranked higher on the Human Development Index and had fewer environmental problems than China's issues with pollution and carbon dioxide emissions. Both countries provide education and health care access to their citizens, but through different systems of public programs in Australia versus private options in China.

    Copyright:

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    Australia China

    Economic Growth GDP per capita: US$37302, IMF (2009 GDP per capita: US$6546, IMF
    est.) (2009 est.)

    Real GDP growth rate: Real GDP growth rate:


    0.8% (2009 est.) 8.7% (2009 est.)
    2.4% (2008 est.) 9% (2008 est.)
    4% (2007 est.) 13% (2007 est.)

    Unemployment 5.8% (2009) 4.3% 2009


    Quality of Life HDI of 0.0970 (2007), Rank 3rd in the HDI of 0.0772 (2007), Rank 81st
    world. in the world.
    Environmental Quality Land degradation due to over grazing World’s biggest producer of
    and poor farming practices carbon dioxide. 90% of China’s
    Great Barrier Reef threatened by cities suffer from water or
    shipping and tourism industrial pollution.
    Pollution, climate change causing
    more extreme weather including
    droughts.
    Education Free primary and secondary Government provides 9 years
    education. Most universities are of free education, including
    public. textbooks and fees.
    Health Care Government provides Medicare, Health care is generally private
    which covers basic healthcare costs fee-for-service.
    and is taxed from income.
    Government subsidizes most of the
    costs, with the individual paying the
    rest.
    Welfare Government provides welfare
    payments in forms of pensions,
    disability payments, dole, and etc.
    individuals must apply for
    government welfare from Centerlink.

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