R&d expenditures as a percentage of gdp reached 1.83% in 2019 in Australia, according to World Bank. This is 0% more than in the previous year.
Historically, R&D expenditures as a percentage of GDP in Australia reached an all time high of 2.40% in 2008 and an all time low of 0% in 2005.
Australia has been ranked 20th within the group of 88 countries we follow in terms of R&D expenditures as a percentage of GDP.
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