Overview
Oceania averaged total infrastructure investment of 3.3% of GDP per annum and attracted USD 16 billion in private infrastructure investment over the past five years. Oceania is characterised by strong procurement practices, investment activity and infrastructure planning. Both procurement and activity have improved since InfraCompass 2017, with the Pacific Islands having high ratios of private investment in infrastructure compared to their GDP and Australia and New Zealand also having high levels of infrastructure investment for High Income Countries. To improve, the funding capacity of Pacific Islands could be improved, as well as the depth of financial markets and quality of regulatory frameworks.
See Full Overview Data
GDP per capita
16,227 USD
Population
41.2 million persons
Infrastructure quality
77.3 (0-100 best)
Infrastructure investment
3.3% of GDP
Infrastructure gap
0.3% of GDP

Driver Overview

This section shows a country’s rank, ranking change and score for each of the eight drivers. It also categorises each country’s driver performance on a scale from “Emerging” (score from 0-20) to “Global Leader” (score from 80-100).

Driver
Score /100
Emerging Aspiring Contender Top performer Global Leader

Rank

Score /100

Best practice

60.2
-
61.4
-
64.3
-
68.3
-
56.1
-

Metric Overview

Top Performing Metrics

Top Performing Metrics

This is defined by the metrics with the highest unweighted score out of 100. 

Financial markets:
Financial stability

Funding capacity:
Gross government debt

Metrics to Improve

Metrics to Improve

This is defined by the metrics with the lowest weighted score out of 100, such that these metrics would have the greatest impact on the overall score.

For metrics that have binary outcomes (yes=100/no=0), no comparative income group average is reported.

Funding capacity:
Long term GDP growth trend

Funding capacity:
Gross government debt

Detailed Data

This section shows country data for each of the 41 metrics. The figures in brackets denote the change in score since InfraCompass 2017. 

Note that all data has been normalised on a scale of 1-100. For raw metric data, please download the complete InfraCompass 2020 dataset. 

Where relevant, some metric scores have been inverted, such that all metrics have positive relationships with good infrastructure outcomes. For example, since lower compliance costs make it easier to invest in infrastructure, the normalised value of ‘number of procedures to start a business’ has been reversed such that lower number of procedures are scored closer to 100, and higher numbers closer to 0. In other words, a score of 0 indicates a poor performance, rather than 0 number of procedures.

Governance Regulatory Permits Planning Procurement Activity Funding Financial
Driver
Score /100
Emerging Aspiring Contender Top performer Global Leader

Metric

Oceania

Source Link

28.2%

Recovery rate

The recovery rate is recorded as cents on the dollar recovered by secured creditors through reorganisation, liquidation or debt enforcement (foreclosure or receivership) proceedings.

46.1 (-0.3)

20.7%

Rule of law

World Governance Composite Indicator reflecting perceptions of the extent to which agents have confidence in and abide by the rules of society, and in particular the quality of contract enforcement, property rights, the police, and the courts, as well as the likelihood of crime and violence. The rule of law reflects whether the law imposes limits of power on the state, private sector and individuals.

60.4 (+0.5)

18.1%

Post-completion reviews

Whether the country conducts post-completion reviews on infrastructure projects to ensure the forecast outcomes are being achieved.

-

15.1%

Shareholder governance

Measures the governance practices that protect shareholders through three dimensions: the extent of shareholder rights index (shareholders’ rights and role in major corporate decisions), the extent of ownership and control index (governance safeguards protecting shareholders from undue board control and entrenchment), and the extent of corporate transparency index (corporate transparency on ownership stakes).

23.8 (+0.5)

12.8%

Political stability and absence of violence score

Measures perceptions of the likelihood of political instability and/or politically-motivated violence, including terrorism. Estimate gives the country's score on the aggregate indicator, in units of a standard normal distribution i.e. ranging from approximately -2.5 to 2.5.

61.7 (-0.7)

5%

Infrastructure or PPP agency

Whether an infrastructure agency exists to coordinate an integrated approach to infrastructure delivery and policy.

-

Oceania

46.1 (-0.3)
60.4 (+0.5)
-
23.8 (+0.5)
61.7 (-0.7)
-

Overview Data

Oceania averaged total infrastructure investment of 3.3% of GDP per annum and attracted USD 16 billion in private infrastructure investment over the past five years. Oceania is characterised by strong procurement practices, investment activity and infrastructure planning. Both procurement and activity have improved since InfraCompass 2017, with the Pacific Islands having high ratios of private investment in infrastructure compared to their GDP and Australia and New Zealand also having high levels of infrastructure investment for High Income Countries. To improve, the funding capacity of Pacific Islands could be improved, as well as the depth of financial markets and quality of regulatory frameworks.
GDP per capita

16,227 USD

Population

41.2 million persons

Infrastructure quality

77.3 (0-100 best)

Infrastructure investment

3.3% of GDP

Infrastructure gap

0.3% of GDP