Total Expenditure in Agricultural R&D (US$, 2015 prices) in Australia and New Zealand
Australia and New Zealand: Total Expenditure in Agricultural R&D (US$, 2015 prices) was 1,373 million USD in 2023. ▲ Rising
Total Expenditure in Agricultural R&D (US$, 2015 prices) in Australia and New Zealand, 2004–2023
Source: Food and Agriculture Organization of the United Nations. Measured in million USD.
Analysis
In 2023, total expenditure in agricultural r&d (us$, 2015 prices) in Australia and New Zealand stood at 1,373 million USD.
The figure is down 0.1% on the previous year and up 31.5% over ten years.
Over the whole period, total expenditure in agricultural r&d (us$, 2015 prices) in Australia and New Zealand peaked at 1,374 million USD in 2022 and was at its lowest, 891.87 million USD, in 2008.
Australia and New Zealand ranks 4th of 101 countries on this measure, in the top 10%.
The long-run direction has been consistently rising across the 20 years of available data.
Total Expenditure in Agricultural R&D (US$, 2015 prices) in Australia and New Zealand, year by year
| Year | million USD | Change |
|---|---|---|
| 2004 | 976.34 million USD | — |
| 2005 | 989.77 million USD | +1.4% |
| 2006 | 1,040 million USD | +5.1% |
| 2007 | 935.07 million USD | -10.1% |
| 2008 | 891.87 million USD | -4.6% |
| 2009 | 941.37 million USD | +5.6% |
| 2010 | 992.13 million USD | +5.4% |
| 2011 | 1,034 million USD | +4.2% |
| 2012 | 1,026 million USD | -0.8% |
| 2013 | 1,044 million USD | +1.8% |
| 2014 | 1,040 million USD | -0.4% |
| 2015 | 1,107 million USD | +6.5% |
| 2016 | 1,140 million USD | +3.0% |
| 2017 | 1,266 million USD | +11.1% |
| 2018 | 1,205 million USD | -4.9% |
| 2019 | 1,098 million USD | -8.9% |
| 2020 | 1,070 million USD | -2.5% |
| 2021 | 1,184 million USD | +10.6% |
| 2022 | 1,374 million USD | +16.1% |
| 2023 | 1,373 million USD | -0.1% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2000s | 962.41 million USD | 891.87 million USD | 1,040 million USD | 6 |
| 2010s | 1,095 million USD | 992.13 million USD | 1,266 million USD | 10 |
| 2020s | 1,250 million USD | 1,070 million USD | 1,374 million USD | 4 |
Countries ranked near Australia and New Zealand
- 1 China 5,297 million USD compare
- 1 China, mainland 5,297 million USD compare
- 3 United States 5,131 million USD compare
- 5 India 1,346 million USD compare
- 6 Brazil 1,261 million USD compare
- 7 Republic of Korea 1,076 million USD compare
More agriculture & rural data for Australia and New Zealand
- Onions and shallots, dry (excluding dehydrated) — Area harvested 5.95 % change on previous year (2024)
- Raw hides and skins of goats or kids — Producing Animals/Slaughtered 38.5 % change on previous year (2024)
- Other fruits, n.e.c. — Yield, annual growth rate -0.3793 % change on previous year (2024)
- Other fruits, n.e.c. — Area harvested, annual growth rate -0.3501 % change on previous year (2024)
- Onions and shallots, dry (excluding dehydrated) — Production, annual 6.76 % change on previous year (2024)
- Onions and shallots, dry (excluding dehydrated) — Yield, annual 0.7658 % change on previous year (2024)
- Meat of sheep, fresh or chilled — Production, annual growth rate 7.86 % change on previous year (2024)
- Meat of goat, fresh or chilled — Producing Animals/Slaughtered 38.5 % change on previous year (2024)
- Meat of sheep, fresh or chilled — Yield/Carcass Weight, annual growth 0 % change on previous year (2024)
- Other fruits, n.e.c. — Production, annual growth rate -0.6998 % change on previous year (2024)
Frequently asked questions
- What is total expenditure in agricultural r&d (us$, 2015 prices) in Australia and New Zealand?
- Total expenditure in agricultural r&d (us$, 2015 prices) in Australia and New Zealand was 1,373 million USD in 2023, according to Food and Agriculture Organization of the United Nations.
- What is the highest total expenditure in agricultural r&d (us$, 2015 prices) recorded in Australia and New Zealand?
- The highest recorded value was 1,374 million USD in 2022.
- What is the lowest total expenditure in agricultural r&d (us$, 2015 prices) recorded in Australia and New Zealand?
- The lowest recorded value was 891.87 million USD in 2008.
- How does Australia and New Zealand rank for total expenditure in agricultural r&d (us$, 2015 prices)?
- Australia and New Zealand ranks 4th out of 101 countries with data for 2023.
- Is total expenditure in agricultural r&d (us$, 2015 prices) rising or falling in Australia and New Zealand?
- Over the last ten years it is up 31.5%. The long-run trend across the full record is rising.
- Where does this Australia and New Zealand data come from?
- The figures come from Food and Agriculture Organization of the United Nations, published as part of Total Expenditure in Agricultural R&D (US$, 2015 prices) — Government, Higher Education and Private Non-profit. Statizoid updates them automatically from the source API.
Download this data
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About this data
The dataset contains a set of financial indicators describing national expenditures on agricultural research and development (R&D). The indicators are derived primarily from responses to the financial resources section of the ASTI questionnaire, complemented with selected external macroeconomic indicators required to ensure comparability across countries and over time.The dataset includes both directly reported financial aggregates and derived indicators, reflecting different dimensions of agricultural R&D investment. Reported expenditure data are collected in current local currency units (LCU) and refer to total institutional expenditures, as provided by national respondents. Coverage of the private for-profit sector remains limited and is therefore excluded from the dataset. To support temporal analysis and international comparability, expenditure indicators are also expressed in constant local currency units, using country-specific GDP deflators sourced from FAOSTAT. In addition, selected indicators relate agricultural R&D expenditures to key structural variables, such as agricultural value added, allowing for meaningful cross-country comparisons of research intensity and resource allocation.