New Zealand - Government Budget Appropriations or Outlays for R&D in Agriculture
Since 2014, New Zealand Government Budget Appropriations or Outlays for R&D in Agriculture fell by 14.1% year on year. In 2019, the country was number 34 comparing other countries in Government Budget Appropriations or Outlays for R&D in Agriculture at $413.51 Million PPP. New Zealand is overtaken by Australia, which was ranked number 33 at $423.62 Million PPP and is followed by Luxembourg with $338.14 Million PPP. Germany ranked the highest with $45,204.87 Million PPP in 2019, that is an increase of 3,581.7% compared to 2018. Japan, South Korea and Russia respectively ranked number 2, 3 and 4 in this ranking. Austria witnessed the best average annual growth at +147.7% per year, while United States recorded the worst performance at -52.4% per year.
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| Date | Million US Dollars PPP |
|---|---|
| 2019 | 413.51 |
| 2018 | 420.86 |
| 2017 | 196.82 |
| 2016 | 933.25 |
| 2015 | 873.76 |
How does New Zealand rank in Government Budget Appropriations or Outlays for R&D in Agriculture?
| # | 57 Countries | Million US Dollars PPP | Last | YoY | 5‑years CAGR | ||
|---|---|---|---|---|---|---|---|
| 1 |
#1
Germany
|
45,204.87 | 2019 | +3,581.7 % | +116.7 % | View data | |
| 2 |
#2
Japan
|
40,996.43 | 2019 | +11.7 % | +3.0 % | View data | |
| 32 |
#32
Australia
|
470.91 | 2019 | -1.3 % | -37.3 % | View data | |
| 34 |
#34
New Zealand
|
413.51 | 2019 | -1.8 % | -14.1 % | View data | |
| 35 |
#35
Luxembourg
|
338.14 | 2019 | -24.0 % | -1.2 % | View data | |