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Aliases: Commonwealth of Australia

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Object «Australia» has attributes

Attribute Value
Area 7,741,220 km²
Continent Australia
Land area 7,682,300 km²
Water area 58,920 km²
Land boundaries 0 km
Border countries Add
Coastline 25,760 km
Mean elevation 330 m
Lowest point -15 m
Highest point 2,228 m
Population 25,466,459
Official languages
  • English
Religion Protestant
Long country name Commonwealth of Australia
Short country name Australia
Long local name Add
Short local name Add
Former name Add
Government type Parliamentary democracy
Capital Canberra
GDP (PPP) 1,248,000,000,000 USD
GDP (OER) 1,380,000,000,000 USD
GDP (real growth rate) 2.2 %
GDP - per capita (PPP) 50,400 USD
Gross national saving 21 % of GDP
Labor force 12,910,000
Unemployment rate 5.6 %
Population below poverty line Add
Budget revenues 490,000,000,000 USD
Budget expenditures 496,900,000,000 USD
Military expenditures 1.89 % of GDP
Taxes and other revenues 35.5 % of GDP
Budget surplus or deficit -0.5 % of GDP
Public debt 40.8 % of GDP
Inflation rate 2 %
Central bank discount rate 3 %
Commercial bank prime lending rate 5.24 %
Stock of narrow money 277,700,000,000 USD
Stock of broad money 277,700,000,000 USD
Stock of domestic credit 2,384,000,000,000 USD
Market value of publicly traded shares 1,187,000,000,000 USD
Current account balance -36,010,000,000 USD
Exports 231,600,000,000 USD
Imports 221,000,000,000 USD
Reserves of foreign exchange and gold 66,580,000,000 USD
External debt 1,714,000,000,000 USD
National currency Australian dollars
National currency (code) AUD
National currency (symbol) $
National currency rate to USD 1.311

Prehistoric settlers arrived on the continent from Southeast Asia at least 40,000 years before the first Europeans began exploration in the 17th century. No formal territorial claims were made until 1770, when Capt. James COOK took possession of the east coast in the name of Great Britain (all of Australia was claimed as British territory in 1829 with the creation of the colony of Western Australia). Six colonies were created in the late 18th and 19th centuries; they federated and became the Commonwealth of Australia in 1901. The new country took advantage of its natural resources to rapidly develop agricultural and manufacturing industries and to make a major contribution to the Allied effort in World Wars I and II. In recent decades, Australia has become an internationally competitive, advanced market economy due in large part to economic reforms adopted in the 1980s and its location in one of the fastest growing regions of the world economy. Long-term concerns include an aging population, pressure on infrastructure, and environmental issues such as floods, droughts, and bushfires. Australia is the driest inhabited continent on earth, making it particularly vulnerable to the challenges of climate change. Australia is home to 10% of the world's biodiversity, and a great number of its flora and fauna exist nowhere else in the world.

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There was one edit, no edits waiting approval. Last edited by romaguera.shemar(9697), Sep 15, 2019 (57 fields were changed)
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