#1
for IP commercialisation
Australia ranks 1st in the world for commercialisation of IP Assets
#1
for years of education
Australia ranks 1st in the OECD for the average number of years of education per person – 20.4 years between ages 5 and 39
Source: OECD Better Life Index
#1
for civic engagement
Australia ranks 1st in the OECD for civic engagement
Source: OECD Better Life Index
#1
for tech investment attractiveness
Australia is the most attractive place in the world for tech companies to invest
#1
for talent attractiveness
Australia ranks 1st in the OECD for our capacity to attract and retain highly educated workers
#1
for artificial intelligence (AI)
Australia ranks 1st in our region for AI
Source: Oxford Insights
#1
for median personal wealth
Australia has the highest median wealth per adult in the world
#1
for years of schooling
Australia ranks equal 1st in the world for the total number of years a child of school entrance age can expect to receive
#1
for equity in healthcare
Australia ranks 1st in the OECD for equity in healthcare outcomes
$4
trillion
Foreign investment in Australia is at A$4 trillion
Source: Why Australia Benchmark Report
#1
for private charity donations
Australia ranks 1st amongst developed countries for private donations to charity and 5th in the world
#1
for gender parity in education
Australia ranks 1st in the world for gender parity in educational attainment
#1
for equity
Australia ranks 1st for equity in healthcare outcomes
#3
desired working location
Australia is the 3rd most popular work destination globally, and 1st in the Asia-Pacific
#1
for digitally connected commerce
Australia ranks 1st in the world for digitally connected commerce, based on market environment, take up of e-commerce, and digital commerce infrastructure
#1
Australia ranks 1st for technological readiness.
Source: Technological Readiness Ranking, Economist Intelligence Unit
#1
for macroeconomic stability
Australia ranks 1st in the world for macroeconomic stability, based on inflation and debt dynamics, on both of which Australia also ranked 1st
#1
for installed solar capacity
Australia ranks 1st in the world for installed solar capacity
#2
for seizing opportunity
Australia ranks 2nd in the world for our capability to seize opportunities from disruptive forces
#2
for social capital
Australia ranks 2nd in the world for social capital, measuring social cohesion and engagement, community and family networks, and political participation and institutional trust
#2
Australia ranks 2nd for youth wellbeing worldwide
#2
in the 'Robotics Olypmics'
A CSIRO team placed 2nd in 2021 at the 'Robotics Olympics', the DARPA Subterranean Challenge for Robotics.
Source: CSIRO
#2
for happiness
Australia ranks 2nd in the Asia Oceania region for happiness and 12th in the world.
Source: World Happiness Report 2021
#2
for health security
Australia ranks 2nd in the world for health care threats
#2
for growing, retaining and attracting talent
Australia ranks 2nd in our region (Eastern Asia, South-eastern Asia and Oceania) for our ability to grow, retain and attract talent
#2
Australia has equal 2nd highest proportion of foreign born citizens in the OECD (30%)
#2
for cyber security
Australia has the 2nd highest level of cyber security in the Indo-Pacific
Source: Comparitech
$205
billion
Two-way trade was worth A$205 billion in 2019
Source: Why Australia Benchmark Report
#3
Australia ranks equal 3rd in the world for the number of universities in the top 100
Source: Shanghai Ranking Consultancy, 2021, Academic Ranking of World Universities
#3
for health care system
Australia ranks 3rd in the world for the performance of our health care system
#11
for intellectual property rights
Australia ranks 11th for intellectual property rights on the International Property Rights Index 2021
#3
universities in top 100
Australia has 3 universities in the top 100 academic institutions in AI
Source: Nature Index
#3
for trade openness
Australia is ranked 3rd for trade openness, based on trade tariffs, non-tariff barriers and border efficiency
#3
Australia had the 3rd highest growth in disposable household income in the OECD to Q3 2021
Source: OECD data
#3
Australia ranks 3rd for the diversity of our workforce
#3
for workforce diversity
Australia ranks 3rd for diversity of our workforce
#4 & #5
best cities for entrepreneurs
Sydney and Melbourne are the 4th and 5th best cities for entrepreneurs
Source: Oberlo
#4
for cyber security patent filings
Australia ranks 4th in the world for cyber security R&D patent filings
Source: Austrade
#5
for alternative protein patents
Australia ranks 5th in the world for filing alternative protein patents
Source: IP Australia
#5
for product market
Australia has the 5th best product market in the world, considering trade competition and domestic openness
#5
for digital government services
Australia ranks 5th in the world for digital government services
#5
for e-participation
Australia ranks 5th in the world for e-participation
#6
for merit-based hiring
Australia ranks 6th in the world for reliance on professional management, measuring whether senior management appointments are made based on ability rather than social connection
#6
for attractiveness to university students
Australia ranks 6th in the world for our attractiveness to university students
#6
Business environment
Australia is ranked 6th in the world for our business environment 2020–2024
Source: The Economist Intelligence Unit
#6
for pension plan
Australia ranks 6th in the world for the best pension plan
#6
for renewable energy opportunities
Australia ranks 6th in the world for the attractiveness of our renewable energy investment and deployment opportunities
#7
for attractiveness to expats
Australia ranks 7th in the world as the favourite destination for ex-pats
Source: Bloomberg
#7
for ability to attract entrepreneurs
Australia ranks 7th in the world for our attractiveness to entrepreneurs
#7
for energy efficiency regulation
Australia ranks 7th in the world for energy efficiency regulation
#8
for human development
Australia ranks 8th in the world on the Human Development Index
#8
for AI vibrancy
Australia ranks 8th in Stanford University’s AI Vibrancy Ranking
#9
for tax regime
Australia ranks 9th in the OECD for the best tax regime in terms of competitiveness and neutrality
#9
for democracy
Australia ranks as the 9th most democratic country
#9
for property rights
Australia ranks 9th in the world for property rights
#10
for scientific publications
Australia ranks 10th in the world for the number of peer-reviewed scientific publications and citations
Top 10
for global innovation measures
Australia ranks in the top 10 for market sophistication, human capital & research, and institutions
These are 3 of the 7 pillars in the 2020 Global Innovation Index
US$1.85 billion
estimated worth of the Australian digital health market
The Australian digital health market was estimated to be worth US$1.85 billion in 2020.
24%
energy from renewables
In 2020, renewable energy accounted for 24% of Australia's total electricity generation.
>50%
More than half of Australian businesses are innovation active
A$800m
in agritech R&D
Australia invests A$800 million annually in agtech and foodtech R&D through 15 Rural R&D Corporations
Source: Why Australia Benchmark Report
4
most liveable cities
Australia has 4 cities in the top 10 most liveable cities in the world
3%
growth in high-income households
The number of high-income households in Australia is growing by 3% per year, and will reach more than nine million by 2030.
Source: The Economist Intelligence Unit
A$33.2 billion
Australia’s advanced manufacturing exports in 2020
$12b
A$12 billion spent on sport and sports infrastructure every year.
Source: Sport 2030 national plan
A$117 billion
International investment in Australian manufacturing in 2021
$6b
The broadcast rights for Australia’s major sporting codes exceeded A$6 billion.
Source: Sport 2030 national plan
$70b
In grants and incentives
Australia offers nearly A$70 billion in grants, incentives and funding pools to Australian-based companies across priority sectors.
Source: Accenture
#4
Australia ranks 4th in the world as the most attractive online consumer market.
Source: Euromonitor International Digital Consumer Index
A$167b
The digitech sector contributes around A$167 billion to the Australian economy every year.
Source: Tech Council of Australia
#1
Australia has the highest median wealth of any major economy
#2
Australia ranks 2nd in the world for judicial effectiveness
Source: Why Australia Benchmark Report
50%+
innovation active
More than half of Australian businesses are innovation active
4
in top 100
4 of Australia's cities – Sydney, Melbourne, Canberra and Adelaide – are in the top 100 most innovative cities
Source: Innovation Cities Index 2021
Top 15
for rule of law and political stability
Australia ranks 10th in the world for rule of law and 15th in the world for political stability
Source: Why Australia Benchmark Report
47%
of workforce has tertiary qualification
Almost half of Australia’s workforce has a tertiary qualification, meaning a diploma or higher
Source: Why Australia Benchmark Report
20%
reduction in emissions
Australia reduced its emissions by 20% between 2005 and 2021
#1
for macroeconomic stability
Australia ranks 1st in the world for macroeconomic stability, based on inflation and debt dynamics, on both of which Australia also ranked 1st
$20b
for low emissions technologies
Australia has committed A$20 billion to low emissions technologies in the decade to 2030.
6th
Globally for scientific and technical articles
For scientific and technical articles, relative to the size of our economy
Source: World Intellectual Property Organisation Global Innovation Index 2021, based on peer-reviewed articles published relative to economic size
#13
largest economy
Australia is the world’s 13th largest economy
Source: Why Australia Benchmark Report
top 1%
for research
CSIRO ranks in the top 1% of the world's scientific institutions in 15 of 22 research fields
Source: CSIRO Annual Report
1.6%
of the global economy
Australia has a 1.6% share of the global economy in nominal GDP terms despite only 0.3% of the global population
Source: Why Australia Benchmark Report
3000+ creative businesses make up Australia’s film industry
18 Academy Award nominations for best actor or best actress
Co-production treaties or MOUs with 13 countries