Australia (2021)
1.9
% of GDP
+0.1pp vs 2019
Change vs. prior observation
+0.1pp
percentage points
Trend
up
Series length
14
years of data

Data

Australia Research & Development Expenditure (% of GDP) (2021) — source data. World Bank.
Year % of GDP Change
2021 1.9 n/a
2019 1.8 n/a
2017 1.9 n/a
2015 1.9 n/a
2013 2.2 n/a
2011 2.2 -0.2pp
2010 2.4 n/a
2008 2.4 n/a
2006 2.2 n/a
2004 1.8 n/a
2002 1.7 n/a
2000 1.6 n/a
1998 1.5 n/a
1996 1.7 n/a

About this Dataset

Australia recorded 1.9 % of GDP in 2021. The latest change was +0.1pp. Across 1996–2021 the series ranges from 1.5 % of GDP in 1998 to 2.4 % of GDP in 2008.

This page tracks total R&D expenditure (public + private) as a share of GDP in Australia. R&D intensity is a leading indicator of innovation capability and future economic productivity.

Data sourced from World Bank via Open Data API. Values use World Bank standardised methodology intended for cross-country comparison.

Frequently Asked Questions

This page tracks total R&D expenditure (public + private) as a share of GDP in Australia. R&D intensity is a leading indicator of innovation capability and future economic productivity. It is published by World Bank and updated annually.

The most recent observation covers 2021. World Bank typically publishes this series with a lag of several months after the reference period. The series runs 1996–2021 (14 observations).

The series peaked at 2.4 % of GDP in 2008 and reached its lowest recorded value of 1.5 % of GDP in 1998. The latest reading is 1.9 % of GDP in 2021. The latest change was +0.1pp.