Olympic Medals, adjusted for population size

Repeating the methodology shown here of dividing the number of medals gained by the country's population in millions, to get a Fair Olympic Medal Quotient, here is the current position :

Country      Adjusted medal/pop figure 

1. Australia      0.43
2. Netherlands  0.29
3. S Korea       0.27
4. France         0.23
5. GBR           0.23
6. N Korea      0.2
7. Canada        0.2
8. Germany     0.18
9. Italy            0.167 
10. Japan          0.133
11. Ukraine       0.13
12. USA           0.099
13. Russia         0.09
14. China          0.024
15. Brazil          0.02

So there you go.
Per capita, the Ozzies are well fit, and the Big Three, USA Russia and China, are just also-rans.