R&D tax expenditure and direct government funding of BERD in Australia
Australia: R&D tax expenditure and direct government funding of BERD was 0.3712 Percentage of GDP in 2024. ▼ Falling
R&D tax expenditure and direct government funding of BERD in Australia, 2000–2024
Source: Organisation for Economic Co-operation and Development. Measured in Percentage of GDP.
Analysis
The most recent figure for r&d tax expenditure and direct government funding of berd in Australia is 0.3712 Percentage of GDP, measured in 2024.
That represents a change of up 5.2% on the previous year and down 13.9% over ten years.
Over the whole period, r&d tax expenditure and direct government funding of berd in Australia peaked at 0.5734 Percentage of GDP in 2003 and was at its lowest, 0.3509 Percentage of GDP, in 2022.
Australia ranks 23rd of 33 countries on this measure, in the middle of the range.
The long-run direction has been consistently falling across the 25 years of available data.
R&D tax expenditure and direct government funding of BERD in Australia, year by year
| Year | Percentage of GDP | Change |
|---|---|---|
| 2000 | 0.5277 Percentage of GDP | — |
| 2001 | 0.5605 Percentage of GDP | +6.2% |
| 2002 | 0.5433 Percentage of GDP | -3.1% |
| 2003 | 0.5734 Percentage of GDP | +5.5% |
| 2004 | 0.4858 Percentage of GDP | -15.3% |
| 2005 | 0.5144 Percentage of GDP | +5.9% |
| 2006 | 0.5088 Percentage of GDP | -1.1% |
| 2007 | 0.4589 Percentage of GDP | -9.8% |
| 2008 | 0.4477 Percentage of GDP | -2.4% |
| 2009 | 0.5004 Percentage of GDP | +11.8% |
| 2010 | 0.4898 Percentage of GDP | -2.1% |
| 2011 | 0.4694 Percentage of GDP | -4.2% |
| 2012 | 0.442 Percentage of GDP | -5.8% |
| 2013 | 0.439 Percentage of GDP | -0.7% |
| 2014 | 0.4309 Percentage of GDP | -1.8% |
| 2015 | 0.4083 Percentage of GDP | -5.2% |
| 2016 | 0.3908 Percentage of GDP | -4.3% |
| 2017 | 0.4148 Percentage of GDP | +6.1% |
| 2018 | 0.3818 Percentage of GDP | -8.0% |
| 2019 | 0.3843 Percentage of GDP | +0.7% |
| 2020 | 0.4402 Percentage of GDP | +14.5% |
| 2021 | 0.3727 Percentage of GDP | -15.3% |
| 2022 | 0.3509 Percentage of GDP | -5.8% |
| 2023 | 0.3529 Percentage of GDP | +0.6% |
| 2024 | 0.3712 Percentage of GDP | +5.2% |
Australia compared with similar countries
- Australia's 0.3712 Percentage of GDP is below the median for high income countries, which is 0.5515 Percentage of GDP, 67% of the median. (29 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2000s | 0.5121 Percentage of GDP | 0.4477 Percentage of GDP | 0.5734 Percentage of GDP | 10 |
| 2010s | 0.4251 Percentage of GDP | 0.3818 Percentage of GDP | 0.4898 Percentage of GDP | 10 |
| 2020s | 0.3776 Percentage of GDP | 0.3509 Percentage of GDP | 0.4402 Percentage of GDP | 5 |
Countries ranked near Australia
More economy & growth data for Australia
- Africa's Development Dynamics (AfDD) Table 04 - Annual real GDP 1.36 Percent per annum (2029)
- Africa's Development Dynamics (AfDD) Table 02 - Annual real GDP 2.26 Percent per annum (2029)
- Foreign direct investment, net outflows (BoP, current US$), gaps -4.55 billion BoP, current US$ (2025)
- Foreign direct investment, net outflows (BoP, current US$), per unit -0.0025 BoP, current US$ per US$ of GDP (2025)
- Foreign direct investment, net outflows (BoP, current US$), per capita -164.69 BoP, current US$ per person (2025)
- Foreign direct investment, net inflows (BoP, current US$), gaps filled 36.52 billion BoP, current US$ (2025)
- Foreign direct investment, net inflows (BoP, current US$), annual -32.02 % change on previous year (2025)
- Foreign direct investment, net inflows (BoP, current US$), per unit 0.0203 BoP, current US$ per US$ of GDP (2025)
- Foreign direct investment, net inflows (BoP, current US$), per capita 1,323 BoP, current US$ per person (2025)
- Total reserves (includes gold, current US$), annual growth rate 20.24 % change on previous year (2025)
Frequently asked questions
- What is r&d tax expenditure and direct government funding of berd in Australia?
- R&d tax expenditure and direct government funding of berd in Australia was 0.3712 Percentage of GDP in 2024, according to Organisation for Economic Co-operation and Development.
- What is the highest r&d tax expenditure and direct government funding of berd recorded in Australia?
- The highest recorded value was 0.5734 Percentage of GDP in 2003.
- What is the lowest r&d tax expenditure and direct government funding of berd recorded in Australia?
- The lowest recorded value was 0.3509 Percentage of GDP in 2022.
- How does Australia rank for r&d tax expenditure and direct government funding of berd?
- Australia ranks 23rd out of 33 countries with data for 2024.
- Is r&d tax expenditure and direct government funding of berd rising or falling in Australia?
- Over the last ten years it is down 13.9%. The long-run trend across the full record is falling.
- Where does this Australia data come from?
- The figures come from Organisation for Economic Co-operation and Development, published as part of R&D tax expenditure and direct government funding of BERD — Government budget allocations for R&D (GBARD). Statizoid updates them automatically from the source API.
Download this data
CSV · JSON — 25 observations, free to reuse under OECD Terms and Conditions (attribution required).
About this data
The OECD R&D Tax Incentives database provides a set of indicators that reflect the level and structure of central and subnational government support for business R&D in form of R&D tax incentives and direct funding across OECD member countries and other major economies. This includes time-series indicators of tax expenditures for R&D, based on the latest OECD data collection on tax incentive support for R&D expenditures. Estimates of the cost of R&D tax support at subnational government level are reported whenever such provisions are applicable and relevant data are available. These estimates of the cost of central and subnational R&D tax relief have been combined with data on direct government funding of business expenditure on R&D (BERD), as compiled by National Statistical Offices based on reports from firms, in order to provide a more complete picture of government efforts to promote business R&D. Furthermore, these estimates are combined with data on Government budget allocations for R&D (GBARD) in the broader context of overall budgetary support for R&D activities undertaken by governments. Government budget allocations for R&D include direct funding provided to all sectors, including contributions to R&D programmes abroad. OECD (2019) provides a practical guide to using the OECD R&D Tax Incentives database, describing the R&D tax incentive time series data and highlighting their potential for internationally comparative work through descriptive indicators and econometric analysis.