Australia - R&D Budget for Defence
Since 2014, Australia R&D Budget for Defence was up 1.6% year on year. In 2019, the country was number 9 comparing other countries in R&D Budget for Defence with $342.63 Million PPP. Australia is overtaken by Taiwan, which was ranked number 8 with $851.54 Million PPP and is followed by Poland with $268.17 Million PPP. United States ranked the highest with $69,037 Million PPP in 2019, an increase of 2.3% versus 2018. South Korea, Germany and United Kingdom respectively ranked number 2, 3 and 4 in this ranking. Greece witnessed the best average annual growth at +90.2% per year, while Colombia was the worst growing country at -8.1% per year.
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| Date | Million US Dollars PPP |
|---|---|
| 2019 | 342.63 |
| 2018 | 337.96 |
| 2017 | 353.63 |
| 2016 | 324.64 |
| 2015 | 356.05 |
Download all data from 1981 to 2019
How does Australia rank in R&D Budget for Defence?
| # | 36 Countries | Million US Dollars PPP | Last | YoY | 5‑years CAGR | ||
|---|---|---|---|---|---|---|---|
| 1 |
#1
United States
|
69,037.00 | 2019 | +2.3 % | +8.4 % | View data | |
| 2 |
#2
South Korea
|
3,663.74 | 2019 | +2.2 % | +5.9 % | View data | |
| 8 |
#8
Taiwan
|
851.54 | 2019 | +49.0 % | +35.1 % | View data | |
| 9 |
#9
Australia
|
342.63 | 2019 | +1.4 % | +1.6 % | View data | |
| 10 |
#10
Poland
|
268.17 | 2019 | +33.3 % | +6.1 % | View data | |