The country was number 13 in 2023, Spain came ahead $10,770 Million PPP. China, Japan and South Korea respectively ranked numbers 2, 3 and 4 in this ranking.
How does Australia rank in Business Enterprise Expenditure on R&D Financed by the Business Enterprise Sector?
| # | 45 Countries | Million US Dollars PPP, Constant | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 United States | 545,370 | 2023 | +6.85% | +8.1% | View data |
| 2 | 2 China | 543,520 | 2023 | +8.09% | +9.59% | View data |
| 3 | 3 Japan | 136,220 | 2023 | +1.3% | +0.2% | View data |
| 4 | 4 South Korea | 89,310 | 2023 | +4.3% | +4.54% | View data |
| 5 | 5 Germany | 78,860 | 2023 | +1.45% | -0.26% | View data |
| 11 | 11 Netherlands | 11,950 | 2023 | +1.21% | +2.53% | View data |
| 12 | 12 Spain | 11,750 | 2023 | +1.77% | +2.82% | View data |
| 13 | 13 Australia | 10,770 | 2023 | +0.33% | +0.22% | |
| 14 | 14 Poland | 10,480 | 2023 | +6.93% | +7.47% | View data |
| 15 | 15 Russia | 9,790 | 2023 | +1.29% | +2.79% | View data |
