{"entity":{"iso2":"AU","iso3":"AUS","name":"Australia","slug":"australia"},"indicator":{"licence":"OECD Terms and Conditions (attribution required)","slug":"gross-domestic-expenditure-on-r-and-d-by-sector-of-performance-and-source-of-funds-gross","source":"Organisation for Economic Co-operation and Development","source_url":"https://data-explorer.oecd.org/vis?df[ds]=dsDisseminateFinalDMZ&df[id]=DSD_RDS_GERD@DF_GERD_SOF","title":"Gross domestic expenditure on R&D by sector of performance and source of funds \u2014 Gross Domestic Expenditure on R&D (GERD)","unit":"US dollars, PPP converted"},"observations":[{"date":"1981-01-01","value":4159.49},{"date":"1984-01-01","value":5076.05},{"date":"1986-01-01","value":6232.71},{"date":"1987-01-01","value":6361.22},{"date":"1988-01-01","value":6758.38},{"date":"1990-01-01","value":7549.55},{"date":"1992-01-01","value":9156.43},{"date":"1994-01-01","value":10204.9},{"date":"1996-01-01","value":11552.8},{"date":"1998-01-01","value":11530.7},{"date":"2000-01-01","value":12550.7},{"date":"2002-01-01","value":15029.0},{"date":"2004-01-01","value":16948.3},{"date":"2006-01-01","value":20945.3},{"date":"2008-01-01","value":24791.6},{"date":"2010-01-01","value":25208.7},{"date":"2011-01-01","value":25391.7},{"date":"2013-01-01","value":26471.6},{"date":"2015-01-01","value":24982.5},{"date":"2017-01-01","value":25096.0},{"date":"2019-01-01","value":25637.7},{"date":"2021-01-01","value":25258.1},{"date":"2023-01-01","value":26905.4}],"summary":{"latest_period":"2023-01-01","latest_value":26905.4,"max":26905.4,"mean":16252.1,"min":4159.49,"of":34,"rank":10,"trend":"volatile"}}