Australia - Business Enterprise Expenditure on R&D Performed in Total Manufacturing
Since 2014, Australia Business Enterprise Expenditure on R&D Performed in Total Manufacturing rose 0.7% year on year. In 2019, the country was ranked number 20 comparing other countries in Business Enterprise Expenditure on R&D Performed in Total Manufacturing at $3,164,208,732.27 Million PPP. Australia is overtaken by Poland, which was ranked number 19 with $3,188,985,050.7 Million PPP and is followed by Finland with $2,830,378,488.21 Million PPP. China topped the ranking with $299,237,430,089.54 Million PPP in 2019, that is a growth of 3.9% versus 2018. United States, Japan and Germany respectively ranked number 2, 3 and 4 in this ranking. Iceland recorded the best 5 years average growth at +15.4% per year, while Finland was the worst growing country at -3.9% per year.
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| Date | Million US Dollars PPP |
|---|---|
| 2019 | 3,164,208,732.27 |
| 2018 | 3,127,392,144.89 |
| 2017 | 3,168,389,042.76 |
| 2016 | 2,904,262,518.47 |
| 2015 | 2,676,315,783.54 |
How does Australia rank in Business Enterprise Expenditure on R&D Performed in Total Manufacturing?
| # | 38 Countries | Million US Dollars PPP | Last | YoY | 5‑years CAGR | ||
|---|---|---|---|---|---|---|---|
| 1 |
#1
China
|
299,237,430,089.54 | 2019 | +3.9 % | +4.8 % | View data | |
| 2 |
#2
United States
|
269,195,268,842.01 | 2019 | +2.4 % | +3.0 % | View data | |
| 19 |
#19
Poland
|
3,188,985,050.70 | 2019 | +5.6 % | +10.4 % | View data | |
| 20 |
#20
Australia
|
3,164,208,732.27 | 2019 | +1.2 % | +0.7 % | View data | |
| 21 |
#21
Finland
|
2,830,378,488.21 | 2019 | -1.4 % | -3.9 % | View data | |