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Countries

Australia

Australia (/əˈstreɪliə/, /ɒ-/, /-ljə/), officially the Commonwealth of Australia, is a country comprising the mainland of the Australian continent, the island of Tasmania and numerous smaller islands.

It is the world's sixth-largest country by total area.

Neighbouring countries include Papua New Guinea, Indonesia and East Timor to the north; the Solomon Islands and Vanuatu to the north-east; and New Zealand to the south-east.

Australia's capital is Canberra, its largest urban area is Sydney.

For about 50,000 years before the first British settlement in the late 18th century, Australia was inhabited by indigenous Australians,who spoke languages grouped into roughly 250 language groups.

After the European discovery of the continent by Dutch explorers in 1606, Australia's eastern half was claimed by Great Britain in 1770 and initially settled through penal transportation to the colony of New South Wales from 26 January 1788.

The population grew steadily in subsequent decades; the continent was explored and an additional five self-governing crown colonies were established.

On 1 January 1901, the six colonies federated, forming the Commonwealth of Australia.

Since federation, Australia has maintained a stable liberal democratic political system that functions as a federal parliamentary constitutional monarchy comprising six states and several territories.

The population of 24 million is highly urbanised and heavily concentrated in the eastern states and on the coast.

Australia is a developed country and one of the wealthiest in the world, with the world's 12th-largest economy.

In 2014 Australia had the world's fifth-highest per capita income.

Australia's military expenditure is the world's 13th-largest.

With the second-highest human development index globally, Australia ranks highly in many international comparisons of national performance, such as quality of life, health, education, economic freedom, and the protection of civil liberties and political rights.

Australia is a member of the United Nations, G20, Commonwealth of Nations, ANZUS, Organisation for Economic Co-operation and Development (OECD), World Trade Organization, Asia-Pacific Economic Cooperation, and the Pacific Islands Forum.

Region:East Asia & Pacific
Income Level:High income
Population, total:0 (2017)
Capital:Canberra
Longitude:149.129
Latitude:-35.282
Merchandise trade (% of GDP)

Merchandise trade as a share of GDP is the sum of merchandise exports and imports divided by the value of GDP, all in current U.S. dollars.
Source:World Trade Organization, and World Bank GDP estimates.

Time required to start a business (days)

Time required to start a business is the number of calendar days needed to complete the procedures to legally operate a business. If a procedure can be speeded up at additional cost, the fastest procedure, independent of cost, is chosen.
Source:World Bank, Doing Business project (http://www.doingbusiness.org/).

Exports of goods and services (BoP, current US$)

Exports of goods and services comprise all transactions between residents of a country and the rest of the world involving a change of ownership from residents to nonresidents of general merchandise, net exports of goods under merchanting, nonmonetary gold, and services. Data are in current U.S. dollars.
Source:International Monetary Fund, Balance of Payments Statistics Yearbook and data files.

Imports of goods and services (BoP, current US$)

Imports of goods and services comprise all transactions between residents of a country and the rest of the world involving a change of ownership from nonresidents to residents of general merchandise, nonmonetary gold, and services. Data are in current U.S. dollars.
Source:International Monetary Fund, Balance of Payments Statistics Yearbook and data files.