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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

Banking in Europe: EBF publishes 2018 Facts & Figures

• European banks consolidate to boost efficiency and enhance profitability • Total number of credit institutions in the EU down by 31% since 2008 • Non-performing loans are no longer a specific European problem
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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.
More...

Exchange Rates

1 € (EUR):
AUD 1.61440
CAD 1.52630
CNY 7.91280
GBP 0.90328
HKD 9.09130
INR 83.10350
JPY 129.17000
MYR 4.80880
MXN 22.66000
KRW 1299.75000
CHF 1.12880
THB 38.03500
USD 1.15820
10.12.2018 © EZB

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