Australia

Region: Asia and Oceania
 

Classification of economies by geographic region is based on that of the United Nations Statistics Division.

High Income
 

Based on the income levels set out by the World Economic Forum (WEF) in its Global Competitiveness Report. However, the groupings are slightly different due to the numbers of economies covered. For GEM, the low income group contains both those classified as low income and lower middle by WEF, and the middle income group has those that WEF groups as upper middle. High income is the same for both GEM and WEF.

Population: 24.6 million (2018)
 

Population data is from the World Bank, except Palestinian Territories World Population Review and Taiwan Worldometers

GDP Growth: 2.8% (2018)
 

GDP growth data is from the World Economic Outlook Database, except Palestinian Territories Worldometers

GDP Per Capita: $56,3500 (2018)
 

GDP per capita data is from the World Economic Outlook Database, except Palestinian Territories Worldometers

Australia Reports

Name
Report information
pdf
  • Year of publication: 2017
  • Category: National Reports
  • Language: English
  • Upload date: 2019-03-08

  • Entrepreneurship participation and quality in Australia remains strong compared with other developed (innovation-driven) economies. Ares of weakness include fear of failure and international orientation.
  • URL: https://gemconsortium.org/report/50240
GEM Australia 2017/18 Report
Report information
pdf
  • Year of publication: 2016
  • Category: National Reports
  • Language: English
  • Upload date: 2018-03-30

  • Australia continues to show strong levels of entrepreneurial activity, ranked among the top developed (innovation-driven) economies.

  • URL: https://gemconsortium.org/report/50035
GEM Australia 2016/17 Report
Report information
pdf
GEM Australia 2014 National Report
Report information
pdf
GEM Australia 2015/2016 Report
Report information
pdf
  • Year of publication: 2012
  • Category: National Reports
  • Language: English
  • Upload date: 2015-03-27

  • This report maps the current state of entrepreneurship in Australia using data from the Global Entrepreneurship Monitor (GEM) for the year 2011. The central finding of this report is that entrepreneurship is certainly alive and well in Australia. With 10.5 per cent of the adult population involved in setting up a new business or owning a newly founded business as measured by the total entrepreneurial activity rate (TEA) in 2011, Australia ranks second only to the United States among the innovation-driven (developed) economies. Compared with 2010 the TEA rate has increased by 2.7 percentage points. Furthermore, in regard to employee entrepreneurial activity (EEA) rate in established firms, Australia ranks above average. According to GEM data, 5 per cent of the adult population is engaged in developing or launching new products, a new business unit or subsidiary for their employer.

  • URL: https://gemconsortium.org/report/48372
GEM Australia 2011 Report
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