Australia - Defence Budget on R&D
Since 2014, Australia Defence Budget on R&D decreased by 0.2points year on year. At 6.47 Percent of Total GBARD in 2019, the country was number 8 comparing other countries in Defence Budget on R&D. Australia is overtaken by Poland, which was number 7 at 7.24 Percent of Total GBARD and is followed by France with 6.02 Percent of Total GBARD. United States lead the ranking with 46.66 Percent of Total GBARD in 2019, that is a decrease of 0.1points versus 2018. Turkey, South Korea and United Kingdom respectively ranked number 2, 3 and 4 in this ranking. Greece witnessed the best average annual growth at +65.5points per year, while Switzerland was the worst growing country at -18.9points per year.
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Date | Percent of Total GBARD |
---|---|
2019 | 6.47 |
2018 | 6.68 |
2017 | 6.73 |
2016 | 6.86 |
2015 | 7.72 |
How does Australia rank in Defence Budget on R&D?
# | 34 Countries | Percent of Total GBARD | Last | YoY | 5‑years CAGR | ||
---|---|---|---|---|---|---|---|
1 |
#1
United States
|
46.66 % | 2019 | -0.1 % | +2.6 % | View data | |
2 |
#2
Turkey
|
20.78 % | 2020 | +11.0 % | +14.2 % | View data | |
7 |
#7
Poland
|
7.24 % | 2019 | +24.2 % | +8.7 % | View data | |
8 |
#8
Australia
|
6.47 % | 2019 | -3.2 % | -0.2 % | View data | |
9 |
#9
France
|
6.02 % | 2019 | -12.5 % | -1.9 % | View data |