The country ranked number 30 in 2022, Estonia came ahead 0.13 Percent of GDP. Germany, Taiwan and the United States respectively were numbers 2, 3 and 4 in this ranking.
How does Australia rank in Government Expenditure on R&D Financed by Government?
| # | 43 Countries | Percent of GDP | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 South Korea | 0.48 | 2023 | +1.45% | +1.91% | View data |
| 2 | 2 Germany | 0.39 | 2023 | +0.46% | +2.49% | View data |
| 3 | 3 Russia | 0.32 | 2023 | +1.4% | +1.51% | View data |
| 4 | 4 Taiwan | 0.31 | 2023 | -0.91% | -1.98% | View data |
| 5 | 5 China | 0.3 | 2023 | +1.22% | +1.89% | View data |
| 26 | 26 United Kingdom | 0.13 | 2023 | -0.39% | +4.64% | View data |
| 27 | 27 Sweden | 0.13 | 2023 | -0.24% | +2.1% | View data |
| 28 | 28 Australia | 0.12 | 2023 | -4.39% | -2.8% | |
| 29 | 29 Romania | 0.11 | 2023 | -0.021% | -1.59% | View data |
| 30 | 30 Canada | 0.1 | 2023 | -3.64% | -2.83% | View data |
