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 rose 2.1points of Higher Education Expenditure on R&D Financed by the Business Sector in 2018, compared to a year earlier.
  2. Since 2013 South Korea Higher Education Expenditure on R&D Financed by the Business Sector rose 1.6points year on year totalising 13.31 Percent.
  3. In 2018 Russia was ranked number 1 in Higher Education Expenditure on R&D Financed by the Business Sector.
  4. In 2018 Austria was ranked number 19 in Higher Education Expenditure on R&D Financed by the Business Sector to 5.38 Percent, compared to 21 in 2017.

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

# 43 Countries Percent Last YoY 5‑years CAGR
1 #1
Russia
28.14 % 2018 -0.1 % +0.4 % View data
2 #2
China
28.08 % 2018 -1.4 % -3.6 % View data
3 #3
Germany
13.54 % 2018 +1.4 % -0.6 % View data
4 #4
South Korea
13.31 % 2018 -2.9 % +1.6 % View data
5 #5
Belgium
11.95 % 2018 +2.1 % -0.3 % View data
6 #6
Slovenia
11.12 % 2018 +0.7 % -0.4 % View data
7 #7
Taiwan
10.34 % 2018 +3.1 % +6.5 % View data
8 #8
Israel
10.32 % 2018 +2.4 % +8.8 % View data
9 #9
Switzerland
9.93 % 2018 +2.2 % NA View data
10 #10
Netherlands
8.00 % 2018 +1.0 % +1.0 % View data
11 #11
Greece
7.97 % 2018 -4.6 % +7.8 % View data
12 #12
Canada
7.92 % 2018 -0.0 % +2.1 % View data
13 #13
Lithuania
7.91 % 2018 +16.6 % -13.8 % View data
14 #14
South Africa
6.75 % 2018 -6.8 % -3.5 % View data
15 #15
Hungary
6.50 % 2018 +7.1 % -5.5 % View data
16 #16
Singapore
6.34 % 2018 +3.8 % +0.9 % View data
17 #17
Estonia
6.21 % 2018 +6.5 % +7.3 % View data
18 #18
Romania
5.64 % 2018 -2.4 % +3.5 % View data
19 #19
Austria
5.38 % 2018 +0.7 % +1.1 % View data
20 #20
Latvia
5.34 % 2018 -9.4 % -4.9 % View data
21 #21
United States
5.31 % 2018 -0.7 % +1.9 % View data
22 #22
Czech Republic
5.28 % 2018 +4.0 % +21.8 % View data
23 #23
Australia
5.07 % 2018 -0.2 % NA View data
24 #24
Spain
4.99 % 2018 -4.0 % -5.4 % View data
25 #25
United Kingdom
4.25 % 2018 -0.8 % +0.7 % View data
26 #26
New Zealand
4.19 % 2018 -6.4 % +0.8 % View data
27 #27
Sweden
3.61 % 2018 -0.5 % -0.8 % View data
28 #28
Finland
3.08 % 2018 -3.4 % -9.3 % View data
29 #29
Ireland
3.01 % 2018 -0.2 % +8.8 % View data
30 #30
Japan
2.90 % 2018 -1.4 % +2.1 % View data
31 #31
France
2.69 % 2018 +0.7 % -0.7 % View data
32 #32
Denmark
2.62 % 2018 -1.4 % +0.9 % View data
33 #33
Poland
2.42 % 2018 -7.5 % -5.2 % View data
34 #34
Norway
2.33 % 2018 +2.9 % -10.8 % View data
35 #35
Chile
2.23 % 2018 -12.8 % -12.5 % View data
36 #36
Portugal
1.95 % 2018 +1.9 % +3.2 % View data
37 #37
Slovakia
1.95 % 2018 -5.7 % -5.5 % View data
38 #38
Italy
1.30 % 2018 +0.2 % +0.0 % View data
39 #39
Luxembourg
1.17 % 2018 +1.4 % +4.2 % View data
40 #40
Iceland
0.59 % 2018 -28.9 % -34.0 % View data
41 #41
Turkey
0.32 % 2018 -74.9 % -16.9 % View data
42 #42
Mexico
0.28 % 2018 -39.5 % -18.6 % View data
43 #43
Argentina
0.25 % 2018 -4.6 % -1.4 % View data

Source: Organisation for Economic Co-operation and Development

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