Australia - Government Budget Allocations for R&D in Culture, Recreation, Religion and Mass Media
Since 2014, Australia Government Budget Allocations for R&D in Culture, Recreation, Religion and Mass Media jumped by 187.9% year on year. In 2019, the country was ranked number 6 comparing other countries in Government Budget Allocations for R&D in Culture, Recreation, Religion and Mass Media at $5,180.57 Million PPP. Australia is overtaken by Mexico, which was ranked number 5 at $5,403.62 Million PPP and is followed by Sweden at $4,150.82 Million PPP. South Korea topped the ranking with $23,546.01 Million PPP in 2019, that is +3.8% compared to 2018. Russia, United Kingdom and Canada respectively ranked number 2, 3 and 4 in this ranking. Australia recorded the best 5 years average growth at +187.9% per year, while Japan recorded the worst performance at -77.6% per year.
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| Date | Million US Dollars PPP |
|---|---|
| 2019 | 5,180.57 |
| 2018 | 23.54 |
| 2017 | 5,257.64 |
| 2016 | 4,731.90 |
| 2015 | 23.05 |
How does Australia rank in Government Budget Allocations for R&D in Culture, Recreation, Religion and Mass Media?
| # | 37 Countries | Million US Dollars PPP | Last | YoY | 5‑years CAGR | ||
|---|---|---|---|---|---|---|---|
| 1 |
#1
South Korea
|
23,546.01 | 2019 | +3.8 % | +2.9 % | View data | |
| 2 |
#2
Russia
|
17,043.40 | 2019 | +0.4 % | -3.9 % | View data | |
| 5 |
#5
Mexico
|
5,403.62 | 2019 | +29,995.4 % | -5.5 % | View data | |
| 6 |
#6
Australia
|
5,180.57 | 2019 | +21,912.2 % | +187.9 % | View data | |
| 7 |
#7
Sweden
|
4,150.82 | 2019 | -2.2 % | +2.0 % | View data | |