Australia - Civil Government Budget Allocations for R&D for Education and Social Programmes
Since 2014, Australia Civil Government Budget Allocations for R&D for Education and Social Programmes fell by 2.8% year on year. In 2019, the country was ranked number 20 among other countries in Civil Government Budget Allocations for R&D for Education and Social Programmes at $123.09 Million PPP. Australia is overtaken by Sweden, which was number 19 with $147.96 Million PPP and is followed by Austria with $109.13 Million PPP. Germany ranked the highest with $2,038.07 Million PPP in 2019, a growth of 4.7% compared to 2018. South Korea, United States and Italy respectively ranked number 2, 3 and 4 in this ranking. Latvia recorded the best 5 years average growth at +28.3% per year, while Iceland recorded the worst performance at -37.6% per year.
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Date | Million US Dollars PPP |
---|---|
2019 | 123.09 |
2018 | 124.51 |
2017 | 182.81 |
2016 | 176.39 |
2015 | 156.64 |
How does Australia rank in Civil Government Budget Allocations for R&D for Education and Social Programmes?
# | 39 Countries | Million US Dollars PPP | Last | YoY | 5‑years CAGR | ||
---|---|---|---|---|---|---|---|
1 |
#1
Germany
|
2,038.07 | 2019 | +4.7 % | +7.7 % | View data | |
2 |
#2
South Korea
|
1,888.73 | 2019 | +5.4 % | +5.8 % | View data | |
19 |
#19
Sweden
|
147.96 | 2019 | -35.1 % | +6.2 % | View data | |
20 |
#20
Australia
|
123.09 | 2019 | -1.1 % | -2.8 % | View data | |
21 |
#21
Austria
|
109.13 | 2020 | -0.5 % | +1.4 % | View data |