Higher Education Expenditure on R&D Financed by the Business Enterprise Sector

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

  1. Russia Higher Education Expenditure on R&D Financed by the Business Enterprise Sector grew 2.3% in 2019, compared to a year earlier.
  2. Since 2014 South Korea Higher Education Expenditure on R&D Financed by the Business Enterprise Sector was up 9.6% year on year totalising $1,172.05 Million PPP.
  3. In 2019 United States was ranked number 2 in Higher Education Expenditure on R&D Financed by the Business Enterprise Sector.
  4. In 2019 Slovakia was ranked number 47 in Higher Education Expenditure on R&D Financed by the Business Enterprise Sector with $3.76 Million PPP, from 50 in 2018.

Top Countries in Higher Education Expenditure on R&D Financed by the Business Enterprise Sector

Million US Dollars PPP - 1981 to 2019

# 54 Countries Million US Dollars PPP Last YoY 5‑years CAGR
1 #1
China
9,388.03 2019 +1.9 % +3.1 % View data
2 #2
United States
4,090.77 2019 +1.1 % +5.1 % View data
3 #3
Germany
3,419.44 2019 +2.0 % +4.5 % View data
4 #4
Russia
1,193.21 2019 +2.3 % +2.1 % View data
5 #5
South Korea
1,172.05 2019 +1.6 % +9.6 % View data
6 #6
Canada
962.49 2019 +1.4 % +3.5 % View data
7 #7
Japan
638.87 2019 -0.6 % +3.2 % View data
8 #8
United Kingdom
569.27 2019 +0.6 % +3.4 % View data
9 #9
Switzerland
554.24 2019 +3.9 % +4.7 % View data
10 #10
Italy
513.40 2019 +1.1 % +38.6 % View data
11 #11
Netherlands
496.31 2019 +2.8 % +4.1 % View data
12 #12
Australia
422.94 2019 +3.0 % +3.7 % View data
13 #13
Taiwan
393.11 2019 +2.8 % +7.0 % View data
14 #14
France
390.92 2019 +3.0 % +3.0 % View data
15 #15
Belgium
384.65 2019 +3.5 % +6.0 % View data
16 #16
Spain
332.17 2019 -2.9 % +0.5 % View data
17 #17
Austria
179.01 2019 +2.7 % NA View data
18 #18
Poland
174.04 2019 -3.2 % +18.3 % View data
19 #19
Sweden
169.06 2019 +1.7 % NA View data
20 #20
Thailand
165.13 2017 -15.1 % NA View data
21 #21
Israel
151.61 2019 +3.0 % +2.0 % View data
22 #22
Singapore
149.83 2019 +20.7 % -5.5 % View data
23 #23
South Africa
149.09 2019 +1.1 % -1.3 % View data
24 #24
Turkey
117.29 2019 -17.0 % +11.5 % View data
25 #25
Greece
91.08 2019 -1.4 % +11.0 % View data
26 #26
Denmark
87.38 2019 +3.5 % +11.5 % View data
27 #27
Czech Republic
85.37 2019 +4.2 % +15.9 % View data
28 #28
Norway
57.97 2019 -0.3 % NA View data
29 #29
Finland
54.88 2019 -0.9 % -3.4 % View data
30 #30
Colombia
51.20 2019 -32.8 % +3.0 % View data
31 #31
Portugal
41.66 2019 +2.7 % +7.7 % View data
32 #32
Ireland
37.30 2019 +1.7 % +9.5 % View data
33 #33
Hungary
30.70 2019 -5.3 % -5.9 % View data
34 #34
New Zealand
29.19 2019 +2.0 % NA View data
35 #35
Malaysia
24.73 2019 -15.6 % -13.3 % View data
36 #36
Chile
22.44 2019 -9.1 % +2.9 % View data
37 #37
Lithuania
21.62 2019 -0.8 % -18.9 % View data
38 #38
Ukraine
20.62 2019 -2.9 % -5.1 % View data
39 #39
Estonia
19.68 2019 -4.8 % +13.3 % View data
40 #40
Romania
17.00 2019 +6.1 % +0.5 % View data
41 #41
Slovenia
15.60 2019 -1.6 % -4.7 % View data
42 #42
Bulgaria
14.72 2019 +2.5 % +3.0 % View data
43 #43
Mexico
10.04 2019 -29.1 % -1.7 % View data
44 #44
Kazakhstan
9.15 2019 -27.8 % +1.2 % View data
45 #45
Latvia
8.21 2019 -1.4 % -2.8 % View data
46 #46
Vietnam
4.03 2019 +3.7 % NA View data
47 #47
Slovakia
3.76 2019 +58.9 % -20.2 % View data
48 #48
Argentina
3.70 2019 +0.9 % +1.4 % View data
49 #49
Luxembourg
2.44 2019 +6.3 % NA View data
50 #50
Egypt
2.01 2019 -15.8 % +3.8 % View data
51 #51
Croatia
1.70 2019 -43.2 % -35.2 % View data
52 #52
Cyprus
0.77 2019 +2.4 % +19.0 % View data
53 #53
Iceland
0.45 2019 -31.8 % -32.5 % View data
54 #54
Malta
0.28 2019 +7.0 % +25.9 % View data

Source: OECD

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