Australia: Political stability
* indicates monthly or quarterly data series
Australia |
Political stability index (-2.5 weak; 2.5 strong) |
---|---|
Latest value | 0.92 |
Year | 2023 |
Measure | points |
Data availability | 1996 - 2023 |
Average | 0.98 |
Min - Max | 0.84 - 1.40 |
Source | The World Bank |
The latest value from 2023 is 0.92 points, a decline from 0.98 points in 2022. In comparison, the world average is -0.06 points, based on data from 193 countries. Historically, the average for Australia from 1996 to 2023 is 0.98 points. The minimum value, 0.84 points, was reached in 2021 while the maximum of 1.4 points was recorded in 1996.
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Definition: The index of Political Stability and Absence of Violence/Terrorism measures perceptions of the likelihood that the government will be destabilized or overthrown by unconstitutional or violent means, including politically-motivated violence and terrorism. The index is an average of several other indexes from the Economist Intelligence Unit, the World Economic Forum, and the Political Risk Services, among others.
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Related indicators | Latest | Reference | Measure |
---|---|---|---|
Rule of law | 1.52 | 2023 | points |
Government effectiveness | 1.59 | 2023 | points |
Control of corruption | 1.78 | 2023 | points |
Regulatory quality | 1.94 | 2023 | points |
Voice and accountability | 1.51 | 2023 | points |
Political stability | 0.92 | 2023 | points |
Corruption perceptions - Transparency International | 75 | 2023 | points |
Political rights | 1 | 2024 | points |
Civil liberties | 1 | 2024 | points |
Competitiveness | 78.70 | 2019 | points |
Cost of starting a business | 0.70 | 2019 | percent of per capita GNI |
Shadow economy | 8.10 | 2015 | percent |
Informal economy, MIMIC method | 14.00 | 2020 | percent |
Informal economy, DGE method | 12.60 | 2020 | percent |