Australia - Ocean and Offshore Energy RD&D
Since 2014, Australia Ocean and Offshore Energy RD&D increased 2.2% year on year. In 2019, the country was ranked number 10 comparing other countries in Ocean and Offshore Energy RD&D at $6.03 Million PPP = 2018. Australia is overtaken by Spain, which was number 9 with $6.04 Million PPP = 2018 and is followed by Sweden with $5.1 Million PPP = 2018. Norway lead the ranking with $234.52 Million PPP = 2018 in 2019, that is an increase of 57,099.5% versus 2018. United Kingdom, France and Japan respectively ranked number 2, 3 and 4 in this ranking. Mexico recorded the best 5 years average growth at +168.5% per year, while Portugal recorded the worst performance at -100% per year.
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| Date | Million US Dollars PPP = 2018 |
|---|---|
| 2019 | 6.03 |
| 2018 | 3.88 |
| 2017 | 1.09 |
| 2016 | 1.08 |
| 2015 | 5.57 |
Download all data from 1979 to 2019
How does Australia rank in Ocean and Offshore Energy RD&D?
| # | 24 Countries | Million US Dollars PPP = 2018 | Last | YoY | 5‑years CAGR | ||
|---|---|---|---|---|---|---|---|
| 1 |
#1
Norway
|
234.52 | 2019 | +57,099.5 % | +79.6 % | View data | |
| 2 |
#2
United Kingdom
|
35.23 | 2019 | +44.7 % | -7.5 % | View data | |
| 9 |
#9
Spain
|
6.04 | 2019 | -22.3 % | +14.1 % | View data | |
| 10 |
#10
Australia
|
6.03 | 2019 | +55.3 % | +2.1 % | View data | |
| 11 |
#11
Sweden
|
5.10 | 2019 | +21.0 % | -3.1 % | View data | |