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Australia vs. Italy

Australia and Italy side by side on 16 indicators: GDP, growth, inflation, debt, unemployment, life expectancy, CO₂ emissions and more.

Each indicator uses the most recent year with figures for nearly every country, so the two are always compared like for like. The year sits beside every figure.

GDP (nominal)2025

Australia$1.84tn
Italy$2.55tn

Italy leads by 1.4×

GDP per person2025

Australia$66,352
Italy$43,270

Australia leads by 1.5×

Population2025

Australia27.7m
Italy58.9m

Italy leads by 2.1×

At a glance

  • Italy has the larger economy: $2.55tn against $1.84tn, 1.4× the size.
  • Per person it reverses: Australia produces $66,352 per head against $43,270.
  • Australia grew faster in 2025 (+2.0% against +0.5%).
  • Interest on government debt takes a larger share of public spending in Italy: 7.7% against 4.4%.
  • Italy emits less CO₂ per person: 5.1 t against 14.1 t.
  • People in Italy live longer: 84.0 yrs against 83.1 yrs.

Real GDP, indexed

2014 = 100. Built from IMF real growth rates, so it shows the shape of each economy's growth, not its size.

90110130'14'16'18'20'22'24
AustraliaItaly (dashed)

Economy

$1.84tn
GDP (nominal)
2025 · higher is better
$2.55tn
$66,352
GDP per person
2025 · higher is better
$43,270
+2.0%
Real GDP growth
2025 · higher is better
+0.5%
2.9%
Inflation (consumer prices)
2025 · neither better nor worse
1.6%
4.1%
Unemployment (ILO)
2025 · lower is better
6.4%
51.0%
Government debt, % of GDP
2025 · lower is better
137.1%
4.4%
Debt interest, % of government spending
2024 · lower is better
7.7%
4.7%
Debt interest, % of government revenue
2024 · lower is better
8.2%

People

27.7m
Population
2025 · neither better nor worse
58.9m
83.1
Life expectancy
2024 · higher is better
84.0
0.958
Human Development Index
2023 · higher is better
0.915
87.7%
Urban population
2025 · neither better nor worse
69.7%
96.1%
Internet use
2024 · higher is better
89.2%

Environment

14.1 t
CO₂ per person
2024 · lower is better
5.1 t
7,688,287 km²
Land area
2024 · neither better nor worse
295,720 km²
4/km²
Population density
2025 · neither better nor worse
199/km²
AustraliaItalyA dot marks the stronger figure where one direction is clearly better

All indicators

Australia and Italy: full comparison
IndicatorYearAustraliaItalyDifference
GDP (nominal)2025$1.84tn$2.55tn1.4×
GDP per person2025$66,352$43,2701.5×
Real GDP growth2025+2.0%+0.5%1.5 pp
Inflation (consumer prices)20252.9%1.6%1.3 pp
Unemployment (ILO)20254.1%6.4%2.3 pp
Government debt, % of GDP202551.0%137.1%86.1 pp
Debt interest, % of government spending20244.4%7.7%3.3 pp
Debt interest, % of government revenue20244.7%8.2%3.5 pp
Population202527.7m58.9m2.1×
Life expectancy202483.184.00.9 yrs
Human Development Index20230.9580.9150.043
Urban population202587.7%69.7%18.0 pp
Internet use202496.1%89.2%6.9 pp
CO₂ per person202414.1 t5.1 t2.8×
Land area20247,688,287 km²295,720 km²26.0×
Population density20254/km²199/km²55.3×

Methodology

Each indicator shows the same year for every country: the latest year, up to last year, for which at least 24 of the 30 countries have figures. That keeps comparisons like for like — a country whose statistics office publishes early is never set against another country's older number. The year is shown beside every figure.

GDP, GDP per person, real growth, inflation, government debt and population come from the IMF World Economic Outlook, which is revised each April and October; figures for the most recent year are partly IMF estimates. Interest on government debt is the share of general government spending that goes on interest, calculated from two series in the IMF's Public Finances in Modern History — interest paid and total spending, each as a percentage of GDP — for the same country and year; a second row sets the same interest against government revenue, the ratio rating agencies use, which is higher wherever borrowing pays for part of spending. Both count interest only: repaying the debt itself is financing rather than spending, and most of it is refinanced with new borrowing. The IMF series has no figure for Singapore. Unemployment is the World Bank's ILO-modelled rate, which applies one definition to every country and can therefore differ from the rate a national statistics office publishes. Life expectancy, urban population, internet use, land area and CO₂ emissions per person (excluding land use) come from the World Bank's World Development Indicators. The Human Development Index is published by the UN Development Programme and taken from Our World in Data.

Money figures are in current US dollars at market exchange rates, not adjusted for purchasing power. Population density is population divided by land area. The real GDP chart compounds the IMF's annual real growth rates from a base year set to 100, so it shows how each economy has grown rather than how large it is.

Where one direction is clearly better, the stronger of the two figures carries a dot. Inflation never does: very low inflation is not simply better than moderate inflation, and a page that marked it as a win would be making an argument the numbers do not support.

The figures are checked against their sources every week and the pages rebuild whenever one of them changes, which in practice means a handful of times a year. The World Bank and Our World in Data series are published under CC BY 4.0; the IMF figures are used under the IMF's terms of use.

Sources

Cite this as: News Unlimited, “Country comparison: economy, people and environment”.