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

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

  1. Belgium Higher Education Expenditure on R&D Financed by the Business Sector was up 0.4points in 2019, compared to the previous year.
  2. Since 2014 South Korea Higher Education Expenditure on R&D Financed by the Business Sector was up 4.6points year on year to 14.06 Percent.
  3. In 2019 Russia was ranked number 1 in Higher Education Expenditure on R&D Financed by the Business Sector.

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

# 44 Countries Percent Last YoY 5‑years CAGR
1 #1
Russia
28.95 % 2019 -0.4 % +1.2 % View data
2 #2
China
26.37 % 2019 -0.7 % -4.8 % View data
3 #3
South Korea
14.06 % 2019 -1.3 % +4.6 % View data
4 #4
Germany
13.52 % 2019 +0.1 % -0.9 % View data
5 #5
Belgium
12.00 % 2019 +0.3 % +0.6 % View data
6 #6
Taiwan
10.35 % 2019 +4.3 % +4.5 % View data
7 #7
Switzerland
10.05 % 2019 +1.2 % +0.1 % View data
8 #8
Israel
9.13 % 2019 +1.3 % -0.7 % View data
9 #9
Slovenia
8.58 % 2019 +1.1 % -7.5 % View data
10 #10
Colombia
8.51 % 2019 -25.3 % +4.4 % View data
11 #11
Netherlands
8.43 % 2019 +1.3 % +1.8 % View data
12 #12
Greece
8.35 % 2019 -1.3 % +7.0 % View data
13 #13
Canada
7.84 % 2019 -0.0 % +0.3 % View data
14 #14
Estonia
6.80 % 2019 -1.1 % +9.2 % View data
15 #15
Lithuania
6.27 % 2019 -2.2 % -14.7 % View data
16 #16
South Africa
6.27 % 2019 -7.1 % -9.9 % View data
17 #17
Italy
6.12 % 2019 +1.6 % +36.8 % View data
18 #18
Romania
5.77 % 2019 +1.0 % -3.6 % View data
19 #19
United States
5.38 % 2019 -0.6 % +1.0 % View data
20 #20
Hungary
5.24 % 2019 -2.8 % -10.4 % View data
21 #21
Spain
5.21 % 2019 -5.3 % -2.6 % View data
22 #22
Austria
5.20 % 2019 +0.3 % NA View data
23 #23
Czech Republic
5.07 % 2019 +10.2 % +16.1 % View data
24 #24
Singapore
4.91 % 2019 +15.6 % -7.7 % View data
25 #25
Australia
4.91 % 2019 +0.3 % -0.6 % View data
26 #26
United Kingdom
4.39 % 2019 -1.2 % +0.6 % View data
27 #27
New Zealand
4.14 % 2019 -1.3 % NA View data
28 #28
Latvia
4.03 % 2019 -4.0 % -10.7 % View data
29 #29
Ireland
3.64 % 2019 -1.6 % +6.5 % View data
30 #30
Poland
3.58 % 2019 -7.8 % +4.9 % View data
31 #31
Sweden
3.54 % 2019 -1.8 % NA View data
32 #32
Japan
3.19 % 2019 -1.9 % +4.5 % View data
33 #33
Finland
2.77 % 2019 -5.3 % -7.0 % View data
34 #34
France
2.74 % 2019 +0.8 % +1.7 % View data
35 #35
Chile
2.70 % 2019 -16.0 % -3.8 % View data
36 #36
Denmark
2.62 % 2019 +0.0 % +6.5 % View data
37 #37
Norway
2.13 % 2019 -6.3 % NA View data
38 #38
Portugal
2.07 % 2019 +1.6 % +4.8 % View data
39 #39
Luxembourg
1.30 % 2019 +2.0 % NA View data
40 #40
Turkey
0.98 % 2019 -49.6 % -1.4 % View data
41 #41
Slovakia
0.91 % 2019 +38.9 % -17.9 % View data
42 #42
Argentina
0.24 % 2019 -2.9 % +1.1 % View data
43 #43
Mexico
0.09 % 2019 -75.0 % -18.1 % View data
44 #44
Iceland
0.03 % 2019 -94.7 % -62.0 % View data

Source: OECD

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