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Australia R&D Spending

Research and development expenditure as % of GDP  GB.XPD.RSDV.GD.ZS

Australia's r&d spending was 1.86% in 2021, ranked 22nd globally. This represents a 1.6% increase from 2020. Data from World Bank, covering 1996–2021.

1.86% +0.03% (+1.6%)
Year 2021 Rank #22 Global Peak 2.40% (2008) Source World Bank

Australia R&D Spending (1996–2021)

Overview

Australia's r&d spending stood at 1.86% in 2021, a rise of +0.03% from 2019. Australia ranked 22nd globally.

Australia’s gross domestic expenditure on research and development (R&D) has risen modestly since the late 1990s, moving from a low of 1.51 percent of GDP in 1998 to 1.86 percent in 2021, which places the country 22nd globally. The all‑time peak of 2.40 percent was reached in 2008, after which the share declined before resuming a gradual ascent. Over the 14‑year coverage period the average remained close to the 2021 level, mirroring the performance of peer nations such as Canada, which also recorded 1.86 percent in 2021, and Norway at 1.89 percent. Compared with Estonia’s 1.77 percent, Australia lags slightly behind the European Union’s higher‑spending members, suggesting room for policy reinforcement. The recent upward trajectory indicates that sustained public and private investment, coupled with targeted incentives for emerging technologies, could lift Australia’s R&D intensity above the current plateau and improve its standing in future global rankings.

Data & projection

Year R&D Spending YoY change Rank
2021 1.86% +0.03% #22
2019 1.83% −0.05% #23
2017 1.88% −0.04% #20
2015 1.92% −0.26% #21
2013 2.18% −0.06% #13
2011 2.23% −0.14% #13
2010 2.37% −0.03% #10
2008 2.40% +0.22% #13
2006 2.18% +0.33% #11
2004 1.85% +0.10% #14
2002 1.75% +0.17% #15
2000 1.57% +0.06% #19
1998 1.51% −0.15% #17
1996 1.66% – #13

Detected Pattern

Export Boom Cycle
Current account surplus with strong export growth (>15% YoY), reserve accumulation, and moderate GDP growth. Typical of commodity exporters during price surges.
Reserves YoY +36.0% GDP growth 2.0% C/A balance 2.6%
Occurred 768 times, 546 successful
Reserves YoY
+25.6%
GDP growth
4.0%
C/A balance
14.5%
Reserves YoY
+14.6%
GDP growth
3.7%
C/A balance
2.9%
Reserves YoY
+12.8%
GDP growth
43.8%
C/A balance
16.4%
Reserves YoY
+12.6%
GDP growth
6.0%
C/A balance
0.5%
Reserves YoY
+38.3%
GDP growth
5.0%
C/A balance
1.2%
Reserves YoY
+18.0%
GDP growth
2.9%
C/A balance
3.9%

Analysis

Australia matched the Export Boom Cycle pattern in 2021. Historically, 71% of countries showing this pattern (546 out of 768) saw r&d spending improve within 24 months. View full analysis →

Frequently Asked Questions

What is Australia's r&d spending?▾

Australia's r&d spending was 1.86% in 2021. Ranked 22nd globally. This represents a 1.6% increase from the previous year.

What was the highest r&d spending in Australia?▾

Australia's r&d spending peaked at 2.40% in 2008.

What was the lowest r&d spending in Australia?▾

The lowest r&d spending in Australia was 1.51% in 1998.

How does Australia rank in r&d spending?▾

Australia ranks 22nd globally in r&d spending as of 2021.

What is the World Bank indicator code for r&d spending?▾

The World Bank indicator code is GB.XPD.RSDV.GD.ZS. Data sourced from World Bank.

What is the r&d spending of Australia in 2021?▾

The r&d spending of Australia in 2021 was 1.86%. This ranks 22nd in the world.

Cite this page

APA
Australia R&D Spending. HistorySaid. Retrieved November 13, 2026, from https://historysaid.com/australia/rd-spending/
BibTeX
@misc{historysaid_australia_rd-spending, title = {Australia R&D Spending}, url = {https://historysaid.com/australia/rd-spending/}, publisher = {HistorySaid}, year = {2026} }
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