Gross domestic product per capita
Top 10 global GDP per capita
On a purchasing power parity basis, Australia's per capita GDP ranks 10th in the world, above that of Japan and major European nations including Germany, the United Kingdom and France.
Among countries with populations greater than 20 million, only the United States has higher per capita GDP than Australia.
Wide-ranging reforms, particularly to promote competition, were instrumental in Australia's robust productivity growth over the 1990s, leading to significant improvements in per capita income and living standards.
These impressive results were accompanied by sustained falls in unemployment and inflation. More recently, the mining boom, and its impact on labour utilisation and business investment, has given further impetus to Australia's GDP per capita performance.
|Country||GDP per capita|
|Hong Kong SAR||50,936|
- Purchasing power parity
- Estimates for 2012
Source: World Economic Outlook, October 2013, International Monetary Fund.