Australia - Higher Education Expenditure on R&D Financed by Government
Since 2014, Australia Higher Education Expenditure on R&D Financed by Government grew 3.9% year on year. In 2019, the country was ranked number 7 comparing other countries in Higher Education Expenditure on R&D Financed by Government with $7,678.92 Million PPP. Australia is overtaken by United Kingdom, which was number 6 at $7,987.02 Million PPP and is followed by Italy at $6,768.71 Million PPP. United States topped the ranking with $41,729.49 Million PPP in 2019, a growth of 0.9% compared to 2018. China, Germany and France respectively ranked number 2, 3 and 4 in this ranking. Malaysia witnessed the best average annual growth at +29.3% per year, while Kazakhstan recorded the worst performance at -14.5% per year.
Loading...
| Date | Million US Dollars PPP |
|---|---|
| 2019 | 7,678.92 |
| 2018 | 7,493.02 |
| 2017 | |
| 2016 | 6,688.48 |
| 2015 |
How does Australia rank in Higher Education Expenditure on R&D Financed by Government?
| # | 55 Countries | Million US Dollars PPP | Last | YoY | 5‑years CAGR | ||
|---|---|---|---|---|---|---|---|
| 1 |
#1
United States
|
41,729.49 | 2019 | +0.9 % | +2.5 % | View data | |
| 2 |
#2
China
|
23,196.24 | 2019 | +0.3 % | +10.2 % | View data | |
| 6 |
#6
United Kingdom
|
7,987.02 | 2019 | +0.3 % | +2.5 % | View data | |
| 7 |
#7
Australia
|
7,678.92 | 2019 | +2.5 % | +3.9 % | View data | |
| 8 |
#8
Italy
|
6,768.71 | 2019 | +0.5 % | -0.6 % | View data | |