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Australia R&D Expenditure (% GDP)

Australia's R&D expenditure (% GDP) rose to 1.86% in 2021, up from 1.83% in 2019, according to World Bank. This represents an increase of 0.03% from the previous year. Australia has R&D expenditure (% GDP) higher than the global median (1.86% vs median 0.62%). Compared with the median in Oceania, Australia is higher (1.86% vs regional median 1.66%) and ranks 1st out of 2 countries in Oceania.

Yearly Historical Data (1996-2021)

(in %)
Year R&D Expenditure (% GDP)
2021 1.86%
2019 1.83%
2017 1.88%
2015 1.92%
2013 2.18%
2011 2.23%
2010 2.37%
2008 2.4%
2006 2.18%
2004 1.85%
2002 1.75%
2000 1.57%
1998 1.51%
1996 1.66%
Australia R&D Expenditure (% GDP) : Definition
R&D Expenditure (% GDP) measures the percentage of Australia's total economic output spent on research and development.
Indicator Last Value Prior Value Period
GDP $1.75T $1.73T 2024
GDP Annual Growth Rate 1.43% 3.44% 2024
GDP Growth Rate (QoQ) 0.6% 0.3% Jun'25
GDP Growth Rate (YoY) 1.8% 1.4% Jun'25
GDP per Capita $61,211.9 $61,598.18 2024
GDP per Capita PPP $60,082.01 $60,461.16 2024
Real GDP $1.67T $1.64T 2024