CompEcon

AUSTRALIA VS. PHILIPPINES

A Comparison to Various Indicators
 GrossDomesticProduct

1.67K 435.68
RANK 14 RANK 34
(2023) (2023)

Source:IMF
Australia has a strong economy with a
significant GDP. It is known for its
abundant natural resources, including
minerals, and its strong services
sector.
 IncomeLevels

63.49K 3.86K
GDP PER CAPITA GDP PER CAPITA
(2023) (2023)

Source:IMF
Australia has a high per capita income,
and its citizens generally enjoy a high
standard of living. Income distribution
is relatively equitable, and there is a
strong middle class.
 Infrastructure

RANK 20
(2023)
RANK 58
(2023)

Source:IMD.ORG
Australia has well-developed
infrastructure, including a vast road
network, modern airports, and efficient
transportation systems. It invests in
infrastructure development to support
economic growth.
 Healthcare

RANK 21
(2023)
RANK 96
(2023)

Source:STATISTA
Australia has a universal healthcare
system known as Medicare. Access to
healthcare is good, and the country
enjoys a high life expectancy and good
overall health outcomes.
 EducationIndex

RANK 08
(2023)
RANK 55
(2023)

Source:DATAPANDAS.ORG
Australia has a strong education
system, with a well-regarded higher
education sector. It attracts
international students, and its
universities are recognized globally.
 QualityOfLife

HDI
RANK 05
(2020)
HDI
RANK 116
(2020)

Source:UNDP
Australia consistently ranks high in
quality of life indices. Citizens benefit
from a high degree of personal safety,
clean environments, and a high
standard of living.
 LaborMarket
UNEPLOYMENT RATE UNEPLOYMENT RATE

3.7
Source:OECD JULY 2023
4.4 Source:NEDA JULY 2023

46 14
LABOR LABOR
WORKFORCE WORKFORCE

RANK RANK
Source:CIA.ORG (2021) Source:CIA.ORG (2021)

13, 786,000 44, 242,000

Australia’s labor market is diverse and
offers numerous job opportunities. It
has a relatively low unemployment
rate and a strong emphasis on
workers’ rights.
 EconomicDiversefication

10 40
ECONOMIC ECONOMIC
PERFERMANCE PERFERMANCE

RANK RANK
(2023) (2023)

Source:IMD.ORG
Australia’s economy is diverse, with
strengths in natural resources,
agriculture, manufacturing, technology,
and services. It is home to globally
recognized mining companies and a
robust financial sector.
 GovernmentStability

18 52
GOVERNMENT GOVERNMENT
EFFICIENCY EFFICIENCY

RANK RANK
(2023) (2023)

Source:IMD.ORG
Australia has a stable political system
and strong democratic institutions. It is
a federal parliamentary democracy and
a constitutional monarchy.
 SocialProgressIndex

RANK 12
(2022)
RANK 81
(2022)

87.83
SCORE
67.46
SCORE

Source:SOCIALPROGRESS.ORG
Australia provides a comprehensive
social welfare system with
unemployment benefits, pensions, and
other support programs. It has a strong
emphasis on social equality and
inclusion.
Australia provides a comprehensive
social welfare system with
unemployment benefits, pensions, and
other support programs. It has a strong
emphasis on social equality and
inclusion.
CONCLUSION AND RECOMMENDATION

Government & Governance

Economic Diversification
Infrastructure
Education System
Healthcare System
THANK YOU