Higher Education Expenditure on R&D Financed by Government

This key economic indicator for the Higher Education sector has been recently updated.

  1. China Higher Education Expenditure on R&D Financed by Government was up 4.1% in 2018, compared to a year earlier.
  2. Since 2013 China Higher Education Expenditure on R&D Financed by Government increased 4.4% year on year reaching $18,083.55 Million PPP.
  3. In 2018 South Korea was ranked number 5 in Higher Education Expenditure on R&D Financed by Government.
  4. In 2018 Denmark was number 9 in Higher Education Expenditure on R&D Financed by Government to $2,411.05 Million PPP, jumping from 9 in 2017.

Top Countries in Higher Education Expenditure on R&D Financed by Government

# 21 Countries Million US Dollars PPP Last YoY 5‑years CAGR
1 #1
China
18,083.55 2018 +4.1 % +4.4 % View data
2 #2
Japan
12,109.26 2018 +1.7 % +0.8 % View data
3 #3
United Kingdom
7,611.34 2018 +1.4 % +1.9 % View data
4 #4
Canada
6,489.60 2018 +1.7 % +1.6 % View data
5 #5
South Korea
6,007.78 2018 +3.2 % +4.1 % View data
6 #6
Spain
4,288.01 2018 +1.7 % +1.8 % View data
7 #7
Netherlands
4,204.47 2018 +1.4 % +1.5 % View data
8 #8
Russia
2,715.56 2018 +3.9 % +6.8 % View data
9 #9
Denmark
2,411.05 2018 +3.3 % +3.2 % View data
10 #10
Poland
2,195.08 2018 +3.3 % +5.0 % View data
11 #11
Turkey
1,963.01 2018 +1.5 % +2.9 % View data
12 #12
Finland
1,426.57 2018 +2.0 % +2.5 % View data
13 #13
Czech Republic
1,194.81 2018 +3.7 % +4.1 % View data
14 #14
Greece
655.21 2014 +1.8 % NA View data
15 #15
Ireland
640.54 2018 +1.6 % +2.1 % View data
16 #16
Chile
463.45 2018 +3.8 % +4.9 % View data
17 #17
Slovakia
377.67 2018 +4.6 % +5.9 % View data
18 #18
Hungary
351.51 2018 +0.5 % +1.1 % View data
19 #19
Estonia
228.56 2018 +3.7 % +1.5 % View data
20 #20
Luxembourg
152.95 2018 +5.2 % +4.9 % View data
21 #21
Slovenia
107.48 2018 +0.7 % +0.1 % View data

Source: Organisation for Economic Co-operation and Development

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