Australia is a prosperous, politically and economically stable, industrialized nation. Australia is the world's 13th largest economy, with nominal GDP of US$1.5 trillion and one of the highest levels of per capita GDP in the world. The economy has grown for 24 consecutive years and it grew by 2.7% from 2010 to 2014 and is expected to grow at 3% from 2015 to 2019. Australia has low inflation is ranked highly for ease of doing business and transparency and has attracted significant capital inflows for many years. The unemployment rate is currently 6.3% (August 2015).