World Bank WITS · updated 2026-10-03 · 167 economies tracked
14.83 (2023)
##24 of 167 economies
4.0×
3.75×
1 = global #1 · higher value ranks higher
Real annual global ranks, 1988 - 2023. Australia climbed from #7 to #24 (overtook Portugal). Gaps in a lane = missing data that year.
Key events for Australia ↓Auto-detected from rank data + curated milestones
Avoids recession on the back of China-driven commodity demand.
First recession in nearly three decades.
Total value of exports, Exports - Trade Value (US$ Thousand), Total value of imports, Imports - Trade Value (US$ Thousand)
No community estimates yet for Export Market Penetration Index — be the first.