Australia - Research and development expenditure

Research and development expenditure (% of GDP)

Research and development expenditure (% of GDP) in Australia was 1.87 as of 2017. Its highest value over the past 21 years was 2.40 in 2008, while its lowest value was 1.52 in 1998.

Definition: Gross domestic expenditures on research and development (R&D), expressed as a percent of GDP. They include both capital and current expenditures in the four main sectors: Business enterprise, Government, Higher education and Private non-profit. R&D covers basic research, applied research, and experimental development.

Source: UNESCO Institute for Statistics (http://uis.unesco.org/)

See also:

Year Value
1996 1.67
1998 1.52
2000 1.58
2002 1.75
2004 1.85
2006 2.19
2008 2.40
2010 2.38
2011 2.24
2013 2.18
2015 1.92
2017 1.87

Classification

Topic: Infrastructure Indicators

Sub-Topic: Technology