{"entity":{"iso2":"AU","iso3":"AUS","name":"Australia","slug":"australia"},"indicator":{"licence":"OECD Terms and Conditions (attribution required)","slug":"r-and-d-tax-expenditure-and-direct-government-funding-of-berd-government-budget","source":"Organisation for Economic Co-operation and Development","source_url":"https://data-explorer.oecd.org/vis?df[ds]=dsDisseminateFinalDMZ&df[id]=DSD_RDTAX@DF_RDTAX","title":"R&D tax expenditure and direct government funding of BERD \u2014 Government budget allocations for R&D (GBARD)","unit":"Percentage of GDP"},"observations":[{"date":"2000-01-01","value":0.5277},{"date":"2001-01-01","value":0.5605},{"date":"2002-01-01","value":0.5433},{"date":"2003-01-01","value":0.5734},{"date":"2004-01-01","value":0.4858},{"date":"2005-01-01","value":0.5144},{"date":"2006-01-01","value":0.5088},{"date":"2007-01-01","value":0.4589},{"date":"2008-01-01","value":0.4477},{"date":"2009-01-01","value":0.5004},{"date":"2010-01-01","value":0.4898},{"date":"2011-01-01","value":0.4694},{"date":"2012-01-01","value":0.442},{"date":"2013-01-01","value":0.439},{"date":"2014-01-01","value":0.4309},{"date":"2015-01-01","value":0.4083},{"date":"2016-01-01","value":0.3908},{"date":"2017-01-01","value":0.4148},{"date":"2018-01-01","value":0.3818},{"date":"2019-01-01","value":0.3843},{"date":"2020-01-01","value":0.4402},{"date":"2021-01-01","value":0.3727},{"date":"2022-01-01","value":0.3509},{"date":"2023-01-01","value":0.3529},{"date":"2024-01-01","value":0.3712}],"summary":{"latest_period":"2024-01-01","latest_value":0.3712,"max":0.5734,"mean":0.450396,"min":0.3509,"of":33,"rank":23,"trend":"falling"}}