Canada vs Australia
Comprehensive comparison of economic, demographic and social indicators
Key Indicators
| Indicator | Canada | Australia | Year |
|---|---|---|---|
| GDP (nominal) | $2.24T | $1.76T | 2024 |
| GDP per capita | $54,340 | $64,604 | 2024 |
| Population | 41.3M | 27.2M | 2024 |
| GDP growth rate | 1.55% | 1.37% | 2024 |
| Inflation rate | 2.38% | 3.16% | 2024 |
| Unemployment rate | 6.91% | 4.09% | 2025 |
| Life expectancy | 81.6 years | 83.1 years | 2023 |
| Surface area (sq. km) | 15,634,410 km2 | 7,741,220 km2 | 2023 |
Canada vs Australia: Analysis
Canada has a larger economy than Australia, with a nominal GDP roughly 1.3 times greater based on 2024 data. Canada recorded a GDP of $2.24T, while Australia stood at $1.76T.
In terms of GDP per capita, Australia leads over Canada. Canada has a per capita output of $54,340, compared to $64,604 for Australia.
Canada has a larger population than Australia. Canada is home to approximately 41.3M people, while Australia has about 27.2M.
By surface area, Canada is the larger country. Canada covers 15,634,410 km2, and Australia spans 7,741,220 km2.
Life expectancy is higher in Australia: 81.6 years in Canada versus 83.1 years in Australia. Australia has the lower unemployment rate (Canada: 6.91%, Australia: 4.09%). Inflation stands at 2.38% in Canada and 3.16% in Australia.
These figures are drawn from World Bank Open Data and reflect the most recent available reporting year for each indicator. For historical trends and additional indicators, explore the individual country profiles on NationStat.
Frequently Asked Questions
Which country has a larger GDP, Canada or Australia?
Canada has the larger GDP. Canada has a GDP of $2.24T (2024), while Australia has $1.76T (2024). Source: World Bank.
What is the population difference between Canada and Australia?
The population difference is approximately 14.1M. Canada has 41.3M people (2024), and Australia has 27.2M (2024). Source: World Bank.
Is Canada richer than Australia?
By GDP per capita, Australia is wealthier. Canada has a GDP per capita of $54,340 (2024), compared to $64,604 for Australia (2024). Source: World Bank.
Which country has higher life expectancy, Canada or Australia?
Australia has higher life expectancy. Canada: 81.6 years (2023), Australia: 83.1 years (2023). Source: World Bank.
Which country is bigger, Canada or Australia?
Canada is larger by area. Canada covers 15,634,410 km2, while Australia covers 7,741,220 km2. Source: World Bank.