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Australia—R&D Spending (% of GDP)

Category: TechnologySource: World Bank World Development Indicators ↗Global Rank: #19 of 114Series years: 2000–2021
Latest Value
1.86%
2021
Global Rank
#19
of 114 countries
Maximum
2.40%
2008
Minimum
1.57%
2000
CAGR
+0.8%
12 years
Last
1.86%
Previous
—
Highest
2.40%
Lowest
1.57%
Unit
% of GDP
Source
World Bank World Development Indicators

Australia's R&D spending (% of GDP) was 1.86% in 2021, ranking #19 out of 114 countries. Over the past 12 years, the highest recorded value was 2.40% (2008) and the lowest was 1.57% (2000). Data sourced from the World Bank World Development Indicators.

Australia — R&D Spending (% of GDP): 1.85783 % of GDP for reference year 2021. Source: World Bank (World Development Indicators). Reference year does not establish final observed status; publisher vintage is not verified here.
Source: World Bank World Development Indicators

Historical Data

YearValueChange
20211.86%+1.6%
20191.83%-2.8%
20171.88%-2.0%
20151.92%-11.8%
20132.18%-2.6%
20112.23%-5.7%
20102.37%-1.2%
20082.40%+10.1%
20062.18%+17.9%
20041.85%+5.8%
20021.75%+11.1%
20001.57%

Top Countries — R&D Spending (% of GDP)

#CountryValueYear
1Israel6.35%2023
2Liechtenstein6.01%2023
3South Korea4.94%2023
4Sweden3.60%2023
5United States3.45%2023
6Japan3.44%2023
7Belgium3.27%2023
8Austria3.26%2023
9Switzerland3.22%2023
10Germany3.15%2023
View all 114 countries →

About This Indicator

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.

Methodology

Data compiled by Stat Bulk Data Download Service, UN Educational, Scientific and Cultural Organization (UNESCO), uri: https://databrowser.uis.unesco.org/resources/bulk, publisher: UNESCO Institute for Statistics (UIS), date accessed: 2025-03-26, date published: 2025-02.

Unit

% of GDP

Source: World Bank (World Development Indicators)Available series: 2000–2021View original source →