Gross Domestic Product (GDP) (Oceania)
Overview
Gross Domestic Product (GDP) represents the total economic output of a nation and sets the ceiling for potential military spending. Larger economies can sustain bigger defense budgets in absolute terms while keeping military spending as a manageable share of output. GDP is the foundation upon which military power is built.
🇦🇺 Australia
Leading Country
18
Countries Ranked
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| # | Country | GDP | |
|---|---|---|---|
| 1 | 🇦🇺 Australia | $1728057.32T | |
| 2 | 🇳🇿 New Zealand | $252175.51T | |
| 3 | 🇵🇬 Papua New Guinea | $30729.24T | |
| 4 | 🇳🇨 New Caledonia | $10071.35T | |
| 5 | 🇬🇺 Guam | $6234.00T | |
| 6 | 🇵🇫 French Polynesia | $6150.64T | |
| 7 | 🇫🇯 Fiji | $5442.05T | |
| 8 | 🇸🇧 Solomon Islands | $1566.36T | |
| 9 | 🇻🇺 Vanuatu | $1022.22T | |
| 10 | 🇼🇸 Samoa | $832.95T | |
| 11 | 🇦🇸 American Samoa | $750.00T | |
| 12 | 🇹🇴 Tonga | $518.23T | |
| 13 | 🇫🇲 Micronesia | $430.00T | |
| 14 | 🇰🇮 Kiribati | $270.84T | |
| 15 | 🇲🇭 Marshall Islands | $253.40T | |
| 16 | 🇵🇼 Palau | $235.75T | |
| 17 | 🇳🇷 Nauru | $156.80T | |
| 18 | 🇹🇻 Tuvalu | $59.07T |