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24Peaks / Oceania / Australia / Government Support and Policies

Australia - Government Support and Policies 4.37

GEM NES · updated 2026-10-03 · 118 economies tracked

Latest value

4.37 (2019)

Global rank

##27 of 118 economies

Share of global total

1.8%

Growth since 2000

1.08×

Ranking Race — Government Support and Policies

1 = global #1 · higher value ranks higher

#1#12#23#34#45#56#67200020052010201520202024#18#272015 overtook Hungary2016 overtook Vietnam
AustraliaUnited Arab EmiratesSaudi ArabiaTaiwan, ChinaIndia

Real annual global ranks, 2000 - 2024. Australia climbed from #18 to #27 (overtook Hungary). Gaps in a lane = missing data that year.

Key events for Australia ↓

Key Events — Australia

Auto-detected from rank data + curated milestones

2008
Global crisis resilience curated

Avoids recession on the back of China-driven commodity demand.

2015
Overtook Hungary in global rank auto
2015
Climbed 25 places in global rank auto
2016
Overtook Vietnam in global rank auto
2016
Climbed 21 places in global rank auto
2020
COVID-19 recession curated

First recession in nearly three decades.

Government Support and Policies, 2000-2019

GEM NES · 0-10 expert rating · linear scale · ranking in the race above
20002005201520193.053.564.064.57

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Related indicators

Governmental Programs, Taxes and Bureaucracy, R and D Transfer

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