{"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-budgets-for-r","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 budgets for R&D and tax incentive support for business R&D (GBARD+GTARD)","unit":"Percentage of GDP"},"observations":[{"date":"2000-01-01","value":0.5883},{"date":"2001-01-01","value":0.6094},{"date":"2002-01-01","value":0.6162},{"date":"2003-01-01","value":0.6502},{"date":"2004-01-01","value":0.5644},{"date":"2005-01-01","value":0.604},{"date":"2006-01-01","value":0.6009},{"date":"2007-01-01","value":0.5634},{"date":"2008-01-01","value":0.5859},{"date":"2009-01-01","value":0.6352},{"date":"2010-01-01","value":0.6229},{"date":"2011-01-01","value":0.669},{"date":"2012-01-01","value":0.6338},{"date":"2013-01-01","value":0.6117},{"date":"2014-01-01","value":0.603},{"date":"2015-01-01","value":0.5791},{"date":"2016-01-01","value":0.538},{"date":"2017-01-01","value":0.5512},{"date":"2018-01-01","value":0.5129},{"date":"2019-01-01","value":0.5139},{"date":"2020-01-01","value":0.571},{"date":"2021-01-01","value":0.5224},{"date":"2022-01-01","value":0.5099},{"date":"2023-01-01","value":0.5109},{"date":"2024-01-01","value":0.5272}],"summary":{"latest_period":"2024-01-01","latest_value":0.5272,"max":0.669,"mean":0.579792,"min":0.5099,"of":33,"rank":21,"trend":"falling"}}