Australia – Country Performance, Brand Strength and Reputation

Australia‘s country brand is emblematic of a nation that boasts a harmonious blend of stunning natural landscapes and a vibrant, multicultural society. But how much soft power has Australia managed to achieve, despite its geographical isolation? How does it fare in terms of economic development, sustainability, country brand strength, and reputation, according to leading rankings and indices?

Let’s take a closer look at:

• Australia’s soft power and brand strength
• Its appeal to skilled labour, investors, and visitors
• The country’s global contribution to peace and well-being
• How well it fares in terms of happiness and sustainability

Soft Power and Country Brand Strength

In the Global Soft Power Index 2023 by Brand Finance, Australia secures the 14^th spot, having dropped one position from 2022, although its score increased by 1.9%. Australia continues to perform well for Business and Trade, underpinned by a strong and stable economy, and is viewed favourably as a great place to visit with a top ten ranking for familiarity and reputation.

In the U.S. News Best Countries 2023 ranking, Australia secures the 4^th position, behind Sweden (3^rd) and above the United States (5^th). Notably, Australia excels in three key areas: agility (3^rd), adventure (8^th), and quality of life (8^th). Australia jumped three positions from 2022, with its lowest scores in movers and heritage.

The Anholt-Ipsos Nation Brand Index (NBI) calculates its ranking based on averaging the scores of six different factors: exports, governance, tourism, culture, people, and immigration. According to the NBI 2023 ranking, Australia secures the 9th position, an increase of one position from the 2022 ranking.

Australia’s Attractiveness for Talent

The World Economic Forum Global Competitiveness Index 2019 edition placed Australia at the 16^th position among 141 countries. However, it’s important to note that an updated version of this report hasn’t been released in the past five years, and rankings may have shifted since then.

The Expat Insider 2023 ranks Australia in 20^th position out of 53 countries, below Kenya (18^th) and Luxembourg (19^th). Australia ranks highest in the Work and Leisure and Career Prospects metrics, where it secured the 8^th position in both.

Australia, classified as a high-income country within the Eastern, Southeastern Asia, and Oceania regional group, currently holds the 8th position in the Global Talent Competitiveness Index 2023. Australia thrives in the GK Skills pillar (3^rd), and its main challenge is VT Skills (19^th).

In terms of education excellence, Australia boasts six universities within the top 100 worldwide, according to the World University Rankings 2024. These esteemed institutions are the University of Melbourne, Monash University, The University of Sydney, Australian National University, The University of Queensland, and UNSW Sydney.

Appeal to Investors, Trade, and Travel

As per the UNCTAD World Investment Report 2023, Australia ranks 6^th in terms of FDI inflows, a jump of 15 positions since 2021. This impressive jump is presumed to be due to M&A sales almost tripling in the past year. In terms of FDI outflows, Australia ranks 6^th as well, a jump of thirty-one positions since 2021, as Australian FDI outflows in 2022 increased by USD 114 billion.

The Bloom Consulting biannual Country Brand Ranking Trade Edition 2022-2023 assesses investment-related variables, emphasising perceptions of a country’s trade-specific brand and evaluating branding performance. Regionally, Australia continues to place 1^st. However, globally, Australia ranks 8^th, behind Brazil (7^th) and China (8^th), a drop of one position since the previous ranking. According to Bloom Consulting, the country continues to excel in all metrics and is expected to find even more success with its new Nation Brand strategy.

In addition, the Bloom Consulting Country Brand Ranking Tourism Edition 2022-2023 places Australia at the 7^th global position, sitting between Japan (6^th) and Hong Kong (8^th), demonstrating a fall of two positions since the previous ranking. This drop is due to a decrease in D2 – Digital Demand© searches compared to its direct competitors, and fewer tourism receipts. Regionally, Australia continues to hold the 1^st position.

In the IMD 2023 World Competitiveness Ranking, Australia secured the 19^th position, maintaining its ranking from 2022. Currently, it sits behind Saudi Arabia (17^th) and the Czech Republic (18^th), while surpassing Luxembourg (20^th) and China (21^st).

In terms of specific characteristics, Australia’s economic performance increased by six positions to the 10^th spot in 2023. It holds the 18^th position for government efficiency, experiencing a drop of two positions compared to 2022. Lastly, Australia dropped four positions to the 30^th position for business efficiency and dropped one position to the 20^th spot for infrastructure.

Environmental Performance

The 2022 edition of the Environmental Performance Index (EPI) ranks Australia 17^th, sitting between Croatia (16^th) and Slovakia (18^th). The EPI analyses the performance of 180 countries, scoring and ranking these countries on their environmental performance using the most recent year of data available as well as providing calculable changes in scores over the previous decade. Australia has experienced a change in score of positive 10.3.

Is Australia a “Good Country”?

In the CAF World Giving Index 2023, Australia secured the 14^th position, a drop of 10 positions from last year’s ranking. In terms of specific metrics, 65% of the adult population helped a stranger, 56% donated money, and 31% volunteered.

In the Good Country Index, Australia currently holds the 18^th position overall, with notable subfactors as follows: Science & Technology (10^th), Culture (43^rd), International Peace & Security (54^th), World Order (1^st), Planet & Climate (15^th), Prosperity & Equality (65^th), and Health & Well-being (16^th). It’s worth mentioning that in 2022, Australia was ranked 18^th, and in 2021, it held the 20^th position.

According to the Economist Intelligence Unit (EIU) Democracy Index 2023, Australia ranked in the blue zone (8-9 range) with a score of 8.71 out of 10. This is higher than Japan and the United Kingdom, who scored 8.33 and 8.28, but lower than New Zealand and Iceland, who scored 9.61 and 9.5.

The 2022 Corruption Perception Index ranks Australia 13^th with a score of 75/100, above Canada and Estonia, who tied for 14^th position. Its score has increased by two points since 2021.

The Sustainable Development Report 2023 ranks Australia in 40^th position. It highlights that the country continues to face many challenges across the seventeen goals. While some are experiencing moderate increases, the No Poverty, Reduced Inequalities, and Life on Land goals are all on a decreasing trend.

How Peaceful and Safe?

The Global Peace Index 2023 ranks Australia 22^nd, jumping four positions. Australia sits behind Belgium (20^th) and Qatar (21^st). It falls under the high sector of the ‘State of Peace’ spectrum as defined by the Institute for Economics & Peace. Australia is positioned 5^th in the Asia-Pacific region.

The Institute for Economics & Peace similarly ranks Australia within the medium impact zone in terms of ‘Impact of Terrorism’ in the 2022 Global Terrorism Index. It ranks 69^th, below Uzbekistan (70^th) and Paraguay (71^st).

Meanwhile, the World Happiness Report 2023, which displays the Ranking of Happiness based on a three-year average (2020–2022), ranks Australia 12^th.

Last updated in October 2023. More country profiles here.

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Disclaimer: The information in this article is intended to provide a general overview of Australia’s economic and cultural landscape and facilitate comparison over time. While we strive for accuracy and completeness, we are not responsible for any typographical errors or inaccuracies. The data is provided “as is” without warranty of any kind. Users should verify any information before relying on it for decision-making purposes.