New Zealand - Government Budget Allocations for R&D in Culture, Recreation, Religion and Mass Media
Since 2014, New Zealand Government Budget Allocations for R&D in Culture, Recreation, Religion and Mass Media grew 4.7% year on year. With $1,110.21 Million PPP in 2019, the country was number 17 comparing other countries in Government Budget Allocations for R&D in Culture, Recreation, Religion and Mass Media. New Zealand is overtaken by Israel, which was number 16 at $1,637.41 Million PPP and is followed by Ireland with $710.16 Million PPP. South Korea ranked the highest with $23,546.01 Million PPP in 2019, a growth of 3.8% versus 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 witnessed the worst performance at -77.6% per year.
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| Date | Million US Dollars PPP |
|---|---|
| 2019 | 1,110.20 |
| 2018 | 1,061.96 |
| 2017 | 1,037.69 |
| 2016 | 933.25 |
| 2015 | 873.76 |
How does New Zealand 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 | |
| 16 |
#16
Israel
|
1,637.41 | 2019 | -26.4 % | -1.3 % | View data | |
| 17 |
#17
New Zealand
|
1,110.20 | 2019 | +4.5 % | +4.7 % | View data | |
| 18 |
#18
Ireland
|
710.16 | 2019 | -26.9 % | -4.4 % | View data | |