R&D tax expenditure and direct government funding of BERD in Australia
Australia: R&D tax expenditure and direct government funding of BERD was 0.5272 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 0.5272 Percentage of GDP, measured in 2024.
That represents a change of up 3.2% on the previous year and down 12.6% over ten years.
Over the whole period, r&d tax expenditure and direct government funding of berd in Australia peaked at 0.669 Percentage of GDP in 2011 and was at its lowest, 0.5099 Percentage of GDP, in 2022.
That places Australia 21st out of 33 countries with data for 2024, putting it 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 | 0.5883 Percentage of GDP | — |
| 2001 | 0.6094 Percentage of GDP | +3.6% |
| 2002 | 0.6162 Percentage of GDP | +1.1% |
| 2003 | 0.6502 Percentage of GDP | +5.5% |
| 2004 | 0.5644 Percentage of GDP | -13.2% |
| 2005 | 0.604 Percentage of GDP | +7.0% |
| 2006 | 0.6009 Percentage of GDP | -0.5% |
| 2007 | 0.5634 Percentage of GDP | -6.2% |
| 2008 | 0.5859 Percentage of GDP | +4.0% |
| 2009 | 0.6352 Percentage of GDP | +8.4% |
| 2010 | 0.6229 Percentage of GDP | -1.9% |
| 2011 | 0.669 Percentage of GDP | +7.4% |
| 2012 | 0.6338 Percentage of GDP | -5.3% |
| 2013 | 0.6117 Percentage of GDP | -3.5% |
| 2014 | 0.603 Percentage of GDP | -1.4% |
| 2015 | 0.5791 Percentage of GDP | -4.0% |
| 2016 | 0.538 Percentage of GDP | -7.1% |
| 2017 | 0.5512 Percentage of GDP | +2.5% |
| 2018 | 0.5129 Percentage of GDP | -6.9% |
| 2019 | 0.5139 Percentage of GDP | +0.2% |
| 2020 | 0.571 Percentage of GDP | +11.1% |
| 2021 | 0.5224 Percentage of GDP | -8.5% |
| 2022 | 0.5099 Percentage of GDP | -2.4% |
| 2023 | 0.5109 Percentage of GDP | +0.2% |
| 2024 | 0.5272 Percentage of GDP | +3.2% |
Australia compared with similar countries
- Australia's 0.5272 Percentage of GDP is below the median for high income countries, which is 0.602 Percentage of GDP, 88% of the median. (29 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2000s | 0.6018 Percentage of GDP | 0.5634 Percentage of GDP | 0.6502 Percentage of GDP | 10 |
| 2010s | 0.5836 Percentage of GDP | 0.5129 Percentage of GDP | 0.669 Percentage of GDP | 10 |
| 2020s | 0.5283 Percentage of GDP | 0.5099 Percentage of GDP | 0.571 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 0.5272 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 0.669 Percentage of GDP in 2011.
- What is the lowest r&d tax expenditure and direct government funding of berd recorded in Australia?
- The lowest recorded value was 0.5099 Percentage of GDP in 2022.
- How does Australia rank for r&d tax expenditure and direct government funding of berd?
- Australia ranks 21st 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 12.6%. 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 budgets for R&D and tax incentive support for business R&D (GBARD+GTARD). 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.