The country came in number 20 in 2023, Israel came ahead $334.41 Million PPP. China, Russia and the United Kingdom respectively were numbers 2, 3 and 4 in this ranking.
How does Australia rank in Business Enterprise Expenditure on R&D Financed by Government?
| # | 44 Countries | Million US Dollars PPP, Constant | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 United States | 29,620 | 2023 | +2.29% | +4.28% | View data |
| 2 | 2 China | 16,420 | 2023 | +8.27% | +7.2% | View data |
| 3 | 3 Russia | 14,090 | 2023 | +2.62% | +4.25% | View data |
| 4 | 4 United Kingdom | 4,200 | 2021 | +6.52% | View data | |
| 5 | 5 France | 3,830 | 2023 | +0.49% | +4.8% | View data |
| 18 | 18 Greece | 361.76 | 2023 | +22.93% | +28.19% | View data |
| 19 | 19 Israel | 358.15 | 2023 | +0.0063% | +0.92% | View data |
| 20 | 20 Australia | 334.41 | 2023 | +1.64% | +2.55% | |
| 21 | 21 Singapore | 325.22 | 2023 | +0.1% | +4.92% | View data |
| 22 | 22 Czech Republic | 300.09 | 2023 | +0.32% | -1.71% | View data |
