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Oceania

The term Oceania was created above all due to economic reasons in Australia and New Zealand and designates an area from the north of Australia across Indonesia and to the southern border of the Philippines and the extreme west of the Pacific islands. Indonesia and the Philippines are very popular as sites for low-cost production. Approx. 356 million people live in the total area.

Australia is in economic terms the biggest country in this region.

Economic output (Australia)

Currently: www.tradingeconomics.com
(Source: Worldbank 2012)

GDP: 1.521 trillion USD
Population: 22.68 million
GNI per capita: approx. 59,570 USD
Main import partners: China, USA, Japan, Thailand, Singapore, Germany
Main export partners: China, Japan, South Korea, India, USA

"B2B" bankruptcy distribution
(Southeast Asia / Australia & New Zealand)

Average rate: 33.1% / 68.20%
Average process duration: 3.4/1.7 years
Average costs of insolvency proceedings: 9% of the insolvency value.

News

PAYMENT TERMS REACHED A TEN-YEAR HIGH

Euler Hermes publishes its annual review and forecast of global average Days Sales Outstanding (DSO), based on a sample of 20 sectors and 36 countries.
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Payment Behavior

Good news on global growth comes with a significant deterioration in payment terms.
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China's Credit Growth

China’s broadest gauge of new credit trailed projections amid renewed government pledges to tackle financial risk.
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Exchange Rates

1 € (EUR):
AUD 1.56960
CAD 1.49090
CNY 7.84880
GBP 0.89300
HKD 8.95370
INR 79.73150
JPY 126.42000
MYR 4.66240
MXN 21.65160
KRW 1286.59998
CHF 1.12980
THB 37.95300
USD 1.14060
15.08.2018 © EZB

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