Australia vs European Union: GNI, Atlas method
GNI, Atlas method over time
- Australia
- European Union
How they compare
European Union currently reports 20.33 trillion current US$ against 1.77 trillion current US$ in Australia, a difference of 18.56 trillion current US$.
That makes European Union's figure about 11.5 times Australia's.
Across all 64 years both countries report, European Union has been ahead every year.
Australia ranks 15th and European Union ranks 16th of 207 countries.
European Union has averaged higher in every one of the 7 decades both report.
Head to head by decade
| Decade | Australia | European Union | Difference | Ahead |
|---|---|---|---|---|
| 1960s | 27.25 billion current US$ | 481.67 billion current US$ | 454.41 billion current US$ | European Union |
| 1970s | 86.85 billion current US$ | 1.60 trillion current US$ | 1.51 trillion current US$ | European Union |
| 1980s | 197.41 billion current US$ | 3.59 trillion current US$ | 3.39 trillion current US$ | European Union |
| 1990s | 355.73 billion current US$ | 7.49 trillion current US$ | 7.13 trillion current US$ | European Union |
| 2000s | 610.50 billion current US$ | 11.16 trillion current US$ | 10.55 trillion current US$ | European Union |
| 2010s | 1.34 trillion current US$ | 15.29 trillion current US$ | 13.96 trillion current US$ | European Union |
| 2020s | 1.60 trillion current US$ | 18.01 trillion current US$ | 16.41 trillion current US$ | European Union |
Averages of every year both report within each decade.
Frequently asked questions
- Which has higher gni, atlas method, Australia or European Union?
- European Union, at 20.33 trillion current US$ against 1.77 trillion current US$ in Australia as of 2025.
- What is the difference in gni, atlas method between Australia and European Union?
- 18.56 trillion current US$, with European Union ahead.
- How many years of comparable data are there for Australia and European Union?
- 64 years are reported by both, from 1962 to 2025.
- How do Australia and European Union rank globally for gni, atlas method?
- Australia ranks 15th and European Union ranks 16th of 207 countries.
- Where does this data come from?
- Country official statistics, National Statistical Organizations and/or Central Banks, published as GNI, Atlas method (current US$). Statizoid refreshes it automatically from the source and publishes the full history for both places.
Individual pages
About this data
Gross national income is the total income earned by all residents within an economic territory during an accounting period. It is equal to gross domestic product plus earned income receivable from abroad minus earned income payable abroad. This figure is converted to U.S. dollars using the World Bank Atlas method. GNI, calculated in national currency, is usually converted to U.S. dollars at official exchange rates for comparisons across economies, although an alternative rate is used when the official exchange rate is judged to diverge by an exceptionally large margin from the rate actually applied in international transactions. To smooth fluctuations in prices and exchange rates, a special Atlas method of conversion is used by the World Bank. This applies a conversion factor that averages the exchange rate for a given year and the two preceding years, adjusted for differences in rates of inflation between the country, and through 2000, the G-5 countries (France, Germany, Japan, the United Kingdom, and the United States). From 2001, these countries include the Euro area, Japan, the United Kingdom, and the United States. This indicator is expressed in current prices, meaning no adjustment has been made to account for price changes over time. This indicator is expressed in United States dollars.