Australia - Business Enterprise Expenditure on R&D Financed by the Higher Education and Private Non-Profit Sectors
With $1.68 Million PPP in 2019, the country was number 29 among other countries in Business Enterprise Expenditure on R&D Financed by the Higher Education and Private Non-Profit Sectors. Australia is overtaken by Romania, which was ranked number 28 with $2.39 Million PPP and is followed by Ukraine at $1.66 Million PPP. United States ranked the highest with $695 Million PPP in 2019, that is a growth of 4.4% versus 2018. United Kingdom, Canada and Germany respectively ranked number 2, 3 and 4 in this ranking. Mexico recorded the best 5 years average growth at +58.7% per year, while Russia recorded the worst performance at -23.1% per year.
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| Date | Million US Dollars PPP |
|---|---|
| 2019 | 1.68 |
| 2018 | 2.18 |
| 2017 | 2.11 |
| 2016 | |
| 2015 | 5.56 |
Download all data from 1981 to 2019
How does Australia rank in Business Enterprise Expenditure on R&D Financed by the Higher Education and Private Non-Profit Sectors?
| # | 44 Countries | Million US Dollars PPP | Last | YoY | 5‑years CAGR | ||
|---|---|---|---|---|---|---|---|
| 1 |
#1
United States
|
695.00 | 2019 | +4.3 % | +5.8 % | View data | |
| 2 |
#2
United Kingdom
|
403.54 | 2019 | +12.6 % | +15.7 % | View data | |
| 28 |
#28
Romania
|
2.39 | 2019 | +76.9 % | +12.6 % | View data | |
| 29 |
#29
Australia
|
1.68 | 2019 | -23.2 % | NA | View data | |
| 30 |
#30
Ukraine
|
1.66 | 2019 | -24.3 % | +17.4 % | View data | |