https://www.austrade.gov.au/benchmark-report/resilient-economyThe world’s 12th largest economy
The Australian economy is set to become the world’s 12th largest economy in 2021, up two places from 2019, according to the International Monetary Fund. Australia’s GDP will be around A$2 trillion (US$1.5 trillion). Australia is home to just 0.3% of the world’s population, but accounts for 1.6% of the global economy.
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