Last updated in October 2022.
Troubled waters
AA1
LOW RISK for entreprise
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Economic risk
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Business environment risk
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Political risk
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Commercial risk
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Financing risk
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Economic risk
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Business environment risk
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Political risk
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Commercial risk
-
Financing risk
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GDP | USD 1675.4bn (World ranking 12, World Bank 2022) |
Population | 26.0mn (World ranking 56, World Bank 2022) |
Form of state | Constitutional parliamentary monarchy |
Head of government | Anthony ALBANESE (PM) |
Next elections | In or before 2025 (Federal elections) |

- Large natural resource endowments
- Strong infrastructure and business environment
- Proximity with Emerging Asia
- Top touristic destination

- Dependent on Chinese demand (in the context of a deteriorating relationship) and commodity prices evolution
- High exposure to a change in climate and to natural hazards
- External vulnerabilities stem from high external debt
- High household debt
Trade structure by destination/origin
(% of total, annual 2021)
Exports | Rank | Imports |
---|---|---|
China
34.2%
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1 |
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Japan
8.9%
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2 |
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South Korea
6.6%
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3 |
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India
4.0%
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4 |
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United States
3.2%
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5 |
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Trade structure by product
(% of total, annual 2021)
Exports | Rank | Imports |
---|---|---|
Metalliferous ores
39.7%
|
1 |
12.8%
Road vehicles
|
Coal, coke and briquettes
13.6%
|
2 |
10.1%
Petroleum, petroleum products and related materials
|
Gas, natural and manufactured
11.2%
|
3 |
5.9%
Electrical machinery, apparatus and appliances, n.e.s.
|
Gold, non-monetary (excluding gold ores and concentrates)
5.1%
|
4 |
5.2%
Other industrial machinery and parts
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Meat and meat preparations
3.3%
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5 |
5.1%
Miscellaneous manufactured articles n.e.s.
|
Collection Complexity
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.
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