Spotlight on Australia: Life and Health Sciences
Indonesia
Australia
Saudi Arabia
New Zealand
US
Korea
Nigeria
Australia's Resilience
Expected change in real GDP¹, selected economies
Percentage change from 2019 to 2022
7.0
6.7
6.5
6.3
5.9 5.8
5.3 5.1
4.0
3.0
2.8
2.1
1.9
1.6
1.4
1.3
1.1
ASEAN-5
Netherlands
Canada
Malaysia
European Union
LATAM²
Philippines
Brazil
France
UK
Germany
South Africa
0.2 0.1
Advanced economies = 3.7%
-0.6
-0.8
-1.5
-1.7
-1.8
Growth rate expected to
remain strong at 4.2% in 2022
(following a solid rebound of
4.7% in 2021).
GDP predicted to be 6.7%
larger by the end of 2022
than in pre-pandemic 2019
This increase over the pre-
COVID-19 level in 2019 is
higher than the average for
advanced economies (3.7%).
Source: Austrade Benchmark Report 2022
Japan
Italy
Thailand
Spain
Mexico
RussiaView entire presentation