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 +0.1pp
2019 1.8 -0.1pp
2017 1.9 unchanged
2015 1.9 -0.3pp
2013 2.2 unchanged
2011 2.2 -0.2pp
2010 2.4 unchanged
2008 2.4 +0.2pp
2006 2.2 +0.4pp
2004 1.8 +0.1pp
2002 1.7 +0.1pp
2000 1.6 +0.1pp
1998 1.5 -0.2pp
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 in 1998 to 2.4 in 2008.

This page tracks total R&D expenditure (public + private) as a share of GDP in Australia from 1996 to present. 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 from 1996 to present. 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 in 1998. The latest reading of 1.9 in 2021 represents a change of +0.1pp.