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
Download all data from 1981 to 2019

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
Compare all 54 countries

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