The country ranked number 16 in 2022, Argentina overtook $1,830 Million PPP. The United States, Germany and Japan respectively came in numbers 2, 3 and 4 in this ranking.
How does Australia rank in Government Expenditure on R&D Financed by Government?
| # | 45 Countries | Million US Dollars PPP | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 China | 94,440 | 2023 | +7.1% | +9.69% | View data |
| 2 | 2 United States | 69,180 | 2023 | +2.01% | +2.95% | View data |
| 3 | 3 Germany | 21,180 | 2023 | +4.95% | +5.81% | View data |
| 4 | 4 Russia | 15,380 | 2023 | +4.02% | +4.23% | View data |
| 5 | 5 Japan | 14,690 | 2023 | +1.52% | +2.71% | View data |
| 13 | 13 Egypt | 2,470 | 2023 | +0.4% | +1.23% | View data |
| 14 | 14 Argentina | 2,200 | 2023 | +2.56% | +1.53% | View data |
| 15 | 15 Australia | 2,090 | 2023 | +1.39% | +2.19% | |
| 16 | 16 Malaysia | 1,440 | 2023 | +3.57% | +3.31% | View data |
| 17 | 17 Singapore | 1,380 | 2023 | +2.92% | +3.96% | View data |
