Australia - Basic Research Expenditures by Higher Education
Since 2014, Australia Basic Research Expenditures by Higher Education jumped by 2.4% year on year. At $3,371.73 Million PPP in 2019, the country was number 8 comparing other countries in Basic Research Expenditures by Higher Education. Australia is overtaken by United Kingdom, which was ranked number 7 at $4,036.85 Million PPP and is followed by Netherlands at $3,303.49 Million PPP. United States ranked the highest with $46,917.95 Million PPP in 2019, an increase of 0.7% compared to 2018. China, France and Japan respectively ranked number 2, 3 and 4 in this ranking. China recorded the best 5 years average growth at +12.8% per year, while Slovakia was the worst growing country at -3% per year.
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Date | Million US Dollars PPP |
---|---|
2019 | 3,371.72 |
2018 | 3,289.05 |
2017 | 3,204.70 |
2016 | 3,101.63 |
2015 |
How does Australia rank in Basic Research Expenditures by Higher Education?
# | 35 Countries | Million US Dollars PPP | Last | YoY | 5‑years CAGR | ||
---|---|---|---|---|---|---|---|
1 |
#1
United States
|
46,917.95 | 2019 | +0.7 % | +3.3 % | View data | |
2 |
#2
China
|
17,138.09 | 2019 | +3.1 % | +12.8 % | View data | |
7 |
#7
United Kingdom
|
4,036.85 | 2019 | +1.3 % | +1.4 % | View data | |
8 |
#8
Australia
|
3,371.72 | 2019 | +2.5 % | +2.4 % | View data | |
9 |
#9
Netherlands
|
3,303.49 | 2019 | +1.0 % | +1.8 % | View data |