Australia - Higher Education Expenditure on R&D Financed by Industry
Since 2014, Australia Higher Education Expenditure on R&D Financed by Industry increased 3.6% year on year. At $420.49 Million PPP in 2019, the country was ranked number 12 among other countries in Higher Education Expenditure on R&D Financed by Industry. Australia is overtaken by Italy, which was number 11 at $434.52 Million PPP and is followed by France at $390.92 Million PPP. China topped the ranking with $11,182.38 Million PPP in 2019, +2.5% versus 2018. United States, Germany and Russia respectively ranked number 2, 3 and 4 in this ranking. Italy witnessed the best average annual growth at +34% per year, while Iceland recorded the worst performance at -32.5% per year.
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| Date | Million US Dollars PPP |
|---|---|
| 2019 | 420.49 |
| 2018 | 408.00 |
| 2017 | 395.25 |
| 2016 | 384.04 |
| 2015 |
Download all data from 1981 to 2019
How does Australia rank in Higher Education Expenditure on R&D Financed by Industry?
| # | 42 Countries | Million US Dollars PPP | Last | YoY | 5‑years CAGR | ||
|---|---|---|---|---|---|---|---|
| 1 |
#1
China
|
11,182.38 | 2019 | +2.5 % | +5.3 % | View data | |
| 2 |
#2
United States
|
4,090.76 | 2019 | +1.1 % | +5.1 % | View data | |
| 11 |
#11
Italy
|
434.51 | 2019 | +7.2 % | +34.0 % | View data | |
| 12 |
#12
Australia
|
420.49 | 2019 | +3.1 % | +3.6 % | View data | |
| 13 |
#13
France
|
390.92 | 2019 | +3.0 % | +3.0 % | View data | |