Economy of Oceania

The economy of Oceania comprises more than 14 separate countries and their associated economies. On a total scale the region has approximately 34,700,201 inhabitants who are spread among 30,000 islands in the South Pacific bordered between Asia and the Americas. This region has a diverse mix of economies from the highly developed and globally competitive financial market of Australia to the much less developed economies that belong to many of its island neighbours. New Zealand is the only other 1st world nation in the region, although the economy of Australia is by far the largest and most dominant economy in the region and one of the largest in the world.

Economy of Oceania

The economy of Oceania comprises more than 14 separate countries and their associated economies. On a total scale the region has approximately 34,700,201 inhabitants who are spread among 30,000 islands in the South Pacific bordered between Asia and the Americas. This region has a diverse mix of economies from the highly developed and globally competitive financial market of Australia to the much less developed economies that belong to many of its island neighbours. New Zealand is the only other 1st world nation in the region, although the economy of Australia is by far the largest and most dominant economy in the region and one of the largest in the world.