The country ranked number 15 in 2022, Canada came ahead $1,620 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, Constant | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 China | 85,630 | 2023 | +5.68% | +7.59% | View data |
| 2 | 2 United States | 59,870 | 2023 | +1.15% | +1.07% | View data |
| 3 | 3 Germany | 16,550 | 2023 | +1.28% | +2.83% | View data |
| 4 | 4 Japan | 14,090 | 2023 | +1.05% | +1.79% | View data |
| 5 | 5 Russia | 12,180 | 2023 | +2.16% | +2.18% | View data |
| 12 | 12 Canada | 2,030 | 2023 | -0.22% | -0.32% | View data |
| 13 | 13 Mexico | 1,800 | 2023 | +2.71% | -0.83% | View data |
| 14 | 14 Australia | 1,730 | 2023 | -0.079% | +0.14% | |
| 15 | 15 Argentina | 1,700 | 2023 | +2.36% | +0.33% | View data |
| 16 | 16 Malaysia | 1,410 | 2023 | +3.6% | +3.43% | View data |
