Australia vs Latvia: Gross domestic expenditure on R&D by sector of performance and source

Australia
26,905 US dollars, PPP converted
in 2023
Latvia
615.53 US dollars, PPP converted
in 2024
Australia rank
10th
Latvia rank
13th

Gross domestic expenditure on R&D by sector of performance and source over time

  • Australia
  • Latvia
010.0k20.0k30.0k198120022024

How they compare

Australia currently reports 26,905 US dollars, PPP converted against 615.53 US dollars, PPP converted in Latvia, a difference of 26,289 US dollars, PPP converted.

That makes Australia's figure about 43.7 times Latvia's.

Across all 15 years both countries report, Australia has been ahead every year.

Australia ranks 10th and Latvia ranks 13th of 34 countries.

Australia has averaged higher in every one of the 4 decades both report.

Head to head by decade

Decade Australia Latvia Difference Ahead
1990s 11,542 US dollars, PPP converted 112.26 US dollars, PPP converted 11,429 US dollars, PPP converted Australia
2000s 18,053 US dollars, PPP converted 247.5 US dollars, PPP converted 17,805 US dollars, PPP converted Australia
2010s 25,465 US dollars, PPP converted 356.21 US dollars, PPP converted 25,108 US dollars, PPP converted Australia
2020s 26,082 US dollars, PPP converted 531.76 US dollars, PPP converted 25,550 US dollars, PPP converted Australia

Averages of every year both report within each decade.

Frequently asked questions

Which has higher gross domestic expenditure on r&d by sector of performance and source, Australia or Latvia?
Australia, at 26,905 US dollars, PPP converted against 615.53 US dollars, PPP converted in Latvia as of 2023.
What is the difference in gross domestic expenditure on r&d by sector of performance and source between Australia and Latvia?
26,289 US dollars, PPP converted, with Australia ahead.
How many years of comparable data are there for Australia and Latvia?
15 years are reported by both, from 1996 to 2023.
How do Australia and Latvia rank globally for gross domestic expenditure on r&d by sector of performance and source?
Australia ranks 10th and Latvia ranks 13th of 34 countries.
Where does this data come from?
Organisation for Economic Co-operation and Development, published as Gross domestic expenditure on R&D by sector of performance and source of funds — Gross Domestic Expenditure on R&D (GERD). Statizoid refreshes it automatically from the source and publishes the full history for both places.

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Australia vs Latvia: Gross domestic expenditure on R&D by sector of performance and source. Statizoid, drawing on Organisation for Economic Co-operation and Development. Retrieved 08 September 2026, from https://reference.statizoid.com/compare/gross-domestic-expenditure-on-r-and-d-by-sector-of-performance-and-source-of-funds-gross/australia/latvia-2/

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About this data

Indicator
Gross domestic expenditure on R&D by sector of performance and source of funds — Gross Domestic Expenditure on R&D (GERD)
Unit
US dollars, PPP converted
Source
Organisation for Economic Co-operation and Development
Licence
OECD Terms and Conditions (attribution required)
Coverage
47 places, 1,579 data points, 1981–2025
Last refreshed

This table contains gross research and development (R&D) expenditure statistics broken down by sector of performance (business enterprise, government, higher education, private non-profit, and total intramural) and by source of funds (business enterprise, government - including public general university funds -, higher education, private non-profit and funds from the rest of the World - including funds from enterprises and other funds from the rest of the World).