24Peaks / Oceania / Australia / R-D Expenditure and Patent Applications

Australia - R-D Expenditure and Patent Applications 1.86

World Bank WDI · updated 2026-10-15 · 156 economies tracked

Latest value

1.86 (2021)

Global rank

##22 of 156 economies

Share of global total

1.8%

Growth since 1996

1.12×

Ranking Race — R-D Expenditure and Patent Applications

1 = global #1 · higher value ranks higher

#1#11#21#31#41#51#611996200120062011201620212024#12#22
AustraliaCanadaHong KongEgyptRussia

Real annual global ranks, 1996 - 2024. Australia climbed from #12 to #22. Gaps in a lane = missing data that year.

Key events for Australia ↓

Key Events — Australia

Auto-detected from rank data + curated milestones

2008
Global crisis resilience curated

Avoids recession on the back of China-driven commodity demand.

2020
COVID-19 recession curated

First recession in nearly three decades.

R-D Expenditure and Patent Applications, 1996-2021

World Bank WDI · % of GDP · linear scale · ranking in the race above
19962006201120211.511.812.12.4

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