PRIVATE NON-PROFIT RESOURCES DEVOTED TO RESEARCH AND EXPERIMENTAL DEVELOPMENT (R&D)

Expenditure on R&D performed by Australian private non-profit (PNP) organisations during the 2014-15 financial year was $1,007 million.

PRIVATE NON-PROFIT EXPENDITURE ON R&D, summary statistics
			2012-13	2014-15
			$m	$m
Type of expenditure
	Capital expenditure
		Land, buildings and other structures	28	19
		Other capital expenditure	47	34
		Total(a)	75	53
	Current expenditure
		Labour costs	506	540
		Other current expenditure	380	413
		Total(a)	885	954
Total expenditure on R&D(a)			961	1 007
(a) Where figures have been rounded, discrepancies may occur between the sum of the component items and totals.

Between 2012-13 and 2014-15, private non-profit expenditure on R&D (PNPERD) increased by 5% in current price terms and 3% in chain volume terms.

PRIVATE NON-PROFIT RESOURCES DEVOTED TO R&D
			2004-05	2006-07	2008-09	2011-12	2012-13	2014-15
Expenditure on R&D
	Current prices	$m	479	609	744	944	961	1 007
	Chain volume measures(a)	$m	648	768	845	986	976	1 007
Human resources devoted to R&D		PYE	3 845	4 575	4 788	5 256	5 678	6 019
(a) The reference year for chain volume measures is 2014-15. See Explanatory Notes for details.

Subsequent expenditure figures and supporting commentary relate to current price terms.


PNPERD and Gross Domestic Product (GDP)

In 2012-13 and 2014-15, PNPERD as a proportion of Gross Domestic Product (GDP) remained unchanged at 0.063%.