Australia vs Latvia: Gross domestic expenditure on R&D by sector of performance and

Australia
26,905 US dollars, PPP converted
in 2023
Latvia
550.95 US dollars, PPP converted
in 2022
Australia rank
9th
Latvia rank
12th

Gross domestic expenditure on R&D by sector of performance and over time

  • Australia
  • Latvia
010.0k20.0k30.0k198120022023

How they compare

Australia currently reports 26,905 US dollars, PPP converted against 550.95 US dollars, PPP converted in Latvia, a difference of 26,354 US dollars, PPP converted.

That makes Australia's figure about 48.8 times Latvia's.

Across all 14 years both countries report, Australia has been ahead every year.

Australia ranks 9th and Latvia ranks 12th of 30 countries.

Australia has averaged higher in every one of the 4 decades both report.

Head to head by decade

Decade Australia Latvia Difference Ahead
1990s 11,542 US dollars, PPP converted 112.26 US dollars, PPP converted 11,429 US dollars, PPP converted Australia
2000s 18,053 US dollars, PPP converted 247.5 US dollars, PPP converted 17,805 US dollars, PPP converted Australia
2010s 25,465 US dollars, PPP converted 356.21 US dollars, PPP converted 25,108 US dollars, PPP converted Australia
2020s 25,258 US dollars, PPP converted 512.95 US dollars, PPP converted 24,745 US dollars, PPP converted Australia

Averages of every year both report within each decade.

Frequently asked questions

Which has higher gross domestic expenditure on r&d by sector of performance and, Australia or Latvia?
Australia, at 26,905 US dollars, PPP converted against 550.95 US dollars, PPP converted in Latvia as of 2023.
What is the difference in gross domestic expenditure on r&d by sector of performance and between Australia and Latvia?
26,354 US dollars, PPP converted, with Australia ahead.
How many years of comparable data are there for Australia and Latvia?
14 years are reported by both, from 1996 to 2021.
How do Australia and Latvia rank globally for gross domestic expenditure on r&d by sector of performance and?
Australia ranks 9th and Latvia ranks 12th of 30 countries.
Where does this data come from?
Organisation for Economic Co-operation and Development, published as Gross domestic expenditure on R&D by sector of performance and socio-economic objectives — Gross Domestic Expenditure on R&D (GERD). Statizoid refreshes it automatically from the source and publishes the full history for both places.

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Australia vs Latvia: Gross domestic expenditure on R&D by sector of performance and. Statizoid, drawing on Organisation for Economic Co-operation and Development. Retrieved 16 September 2026, from https://economy.statizoid.com/compare/gross-domestic-expenditure-on-r-and-d-by-sector-of-performance-and-socio-economic/australia/latvia-2/

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About this data

Indicator
Gross domestic expenditure on R&D by sector of performance and socio-economic objectives — Gross Domestic Expenditure on R&D (GERD)
Unit
US dollars, PPP converted
Source
Organisation for Economic Co-operation and Development
Licence
OECD Terms and Conditions (attribution required)
Coverage
42 places, 1,166 data points, 1981–2024
Last refreshed

This table contains data on Gross domestic expenditure on R&D (GERD) by socio-economic objective (SEO), using the NABS 2007 classification i.e.: Exploration and exploitation of the Earth, Environment, Exploration and exploitation of space, Transport, telecommunication and other infrastructures, Energy, Industrial production and technology, Health, Agriculture, Education, Culture, recreation, religion and mass media, Political and social systems, structures and processes, General advancement of knowledge, and Defence.