Australia - Government Budget Appropriations or Outlays for R&D in Defence
Since 2014, Australia Government Budget Appropriations or Outlays for R&D in Defence grew 1.2% year on year. With $335.23 Million PPP in 2019, the country was number 29 among other countries in Government Budget Appropriations or Outlays for R&D in Defence. Australia is overtaken by Luxembourg, which was number 28 with $368.11 Million PPP and is followed by Australia at $324.12 Million PPP. United States topped the ranking with $75,118.21 Million PPP in 2019, that is a growth of 0.4% versus 2018. United States, South Korea and Russia respectively ranked number 2, 3 and 4 in this ranking. Greece recorded the best 5 years average growth at +319.6% per year, while Iceland witnessed the worst performance at -100% per year.
Loading...
| Date | Million US Dollars PPP |
|---|---|
| 2019 | 335.23 |
| 2018 | 5,057.18 |
| 2017 | 5,257.64 |
| 2016 | 324.64 |
| 2015 | 4,610.94 |
How does Australia rank in Government Budget Appropriations or Outlays for R&D in Defence?
| # | 55 Countries | Million US Dollars PPP | Last | YoY | 5‑years CAGR | ||
|---|---|---|---|---|---|---|---|
| 1 |
#1
United States
|
75,118.21 | 2019 | +0.4 % | +1.5 % | View data | |
| 3 |
#3
South Korea
|
24,055.59 | 2019 | +6.1 % | +54.3 % | View data | |
| 28 |
#28
Luxembourg
|
368.11 | 2019 | -17.3 % | NA | View data | |
| 29 |
#29
Australia
|
335.23 | 2019 | -93.4 % | +1.2 % | View data | |
| 31 |
#31
Estonia
|
270.46 | 2019 | -19.7 % | +0.1 % | View data | |