The country came in number 11 in 2023, Spain came ahead $4,150 Million PPP. The United States, Germany and South Korea respectively ranked numbers 2, 3 and 4 in this ranking.
How does Australia rank in R&D Budget for Industry and Knowledge?
| # | 35 Countries | Million US Dollars PPP, Constant | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 Japan | 132,620 | 2023 | +22.04% | +34.85% | View data |
| 2 | 2 United States | 40,930 | 2023 | +2.95% | +3.19% | View data |
| 3 | 3 Germany | 23,980 | 2023 | +1.53% | +1.69% | View data |
| 4 | 4 South Korea | 22,780 | 2023 | +8.62% | +10.82% | View data |
| 5 | 5 United Kingdom | 18,250 | 2023 | +4.27% | +4.01% | View data |
| 9 | 9 Belgium | 4,620 | 2023 | +2.58% | +3.68% | View data |
| 10 | 10 Spain | 4,620 | 2023 | -0.48% | -0.58% | View data |
| 11 | 11 Australia | 4,150 | 2023 | +1.09% | +2.95% | |
| 12 | 12 Poland | 4,120 | 2023 | +17.98% | +21.22% | View data |
| 13 | 13 Austria | 3,990 | 2023 | +3.3% | +4.82% | View data |
