24Peaks / Oceania / Australia / Internal Market Openness

Australia - Internal Market Openness 4.8

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

Latest value

4.8 (2019)

Global rank

##19 of 118 economies

Share of global total

2.0%

Growth since 2000

0.77×

Ranking Race — Internal Market Openness

1 = global #1 · higher value ranks higher

#1#11#21#31#41#51200020052010201520202024#9#192015 overtook Indonesia2016 overtook Canada
AustraliaUnited Arab EmiratesLithuaniaSaudi ArabiaIndia

Real annual global ranks, 2000 - 2024. Australia climbed from #9 to #19 (overtook Indonesia). 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 Indonesia in global rank auto
2016
Overtook Canada in global rank auto
2020
COVID-19 recession curated

First recession in nearly three decades.

Internal Market Openness, 2000-2019

GEM NES · 0-10 expert rating · linear scale · ranking in the race above
20002005201520194.475.075.676.27
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