Australia - Higher Education Expenditure on R&D Financed by the Business Enterprise Sector
Since 2014, Australia Higher Education Expenditure on R&D Financed by the Business Enterprise Sector was up 3.7% year on year. At $422.94 Million PPP in 2019, the country was ranked number 12 comparing other countries in Higher Education Expenditure on R&D Financed by the Business Enterprise Sector. Australia is overtaken by Netherlands, which was ranked number 11 with $496.31 Million PPP and is followed by Taiwan with $393.11 Million PPP. China ranked the highest with $9,388.03 Million PPP in 2019, +1.9% versus 2018. United States, Germany and Russia respectively ranked number 2, 3 and 4 in this ranking. Italy witnessed the best average annual growth at +38.6% per year, while Croatia witnessed the worst performance at -35.2% per year.
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Date | Million US Dollars PPP |
---|---|
2019 | 422.94 |
2018 | 410.52 |
2017 | |
2016 | 384.04 |
2015 |
How does Australia rank in Higher Education Expenditure on R&D Financed by the Business Enterprise Sector?
# | 54 Countries | Million US Dollars PPP | Last | YoY | 5‑years CAGR | ||
---|---|---|---|---|---|---|---|
1 |
#1
China
|
9,388.03 | 2019 | +1.9 % | +3.1 % | View data | |
2 |
#2
United States
|
4,090.77 | 2019 | +1.1 % | +5.1 % | View data | |
11 |
#11
Netherlands
|
496.31 | 2019 | +2.8 % | +4.1 % | View data | |
12 |
#12
Australia
|
422.94 | 2019 | +3.0 % | +3.7 % | View data | |
13 |
#13
Taiwan
|
393.11 | 2019 | +2.8 % | +7.0 % | View data |