Troubled waters

AA1

LOW RISK for entreprise

  • Economic risk

  • Business environment risk

  • Political risk

  • Commercial risk

  • Financing risk

  • Economic risk

  • Business environment risk

  • Political risk

  • Commercial risk

  • Financing risk

Last updated in January 2025.

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Form of state

Constitutional parliamentary monarchy
Head of government Anthony Albanese (Prime Minister)
Next elections May 2025 (Federal elections)
Strengths
  • Large natural resource endowments
  • Strong infrastructure and business environment
  • Proximity with Emerging Asia
  • Top touristic destination
Weaknesses
  • Dependent on Chinese demand (in the context of a deteriorating relationship) and commodity prices evolution
  • High exposure to climate change and to natural hazards
  • External vulnerabilities stem from high external debt
  • High household debt
(% of total, 2023)
(% of total, annual2023)
The Allianz Trade Collection Complexity Score provides a simple assessment of how easy it is to collect debt around the world. The 2022 edition covers 49 countries that represent nearly 90% of global GDP and 85% of global trade.