Share of 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. In 2019, Share of Higher Education Expenditure on R&D Financed by the Business Sector in Bulgaria increased 1.1points from a year earlier.
  2. Since 2014 Bulgaria Share of Higher Education Expenditure on R&D Financed by the Business Sector was up 9.2points year on year to 22.31 Percent.
  3. In 2019 South Korea was ranked number 5 in Share of Higher Education Expenditure on R&D Financed by the Business Sector.
  4. In 2019 Italy was number 24 in Share of Higher Education Expenditure on R&D Financed by the Business Sector reaching 5.29 Percent, compared to 28 in 2018.

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

Percent - 1981 to 2019

# 52 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
Bulgaria
22.31 % 2019 +1.1 % +9.2 % View data
4 #4
Ukraine
14.09 % 2019 -0.3 % -2.2 % View data
5 #5
South Korea
14.06 % 2019 -1.3 % +4.6 % View data
6 #6
Germany
13.55 % 2019 +0.1 % -0.8 % View data
7 #7
Kazakhstan
12.21 % 2019 -14.2 % +17.5 % View data
8 #8
Thailand
12.16 % 2016 -5.6 % +28.5 % View data
9 #9
Belgium
12.00 % 2019 +0.3 % +0.6 % View data
10 #10
Taiwan
10.35 % 2019 +4.3 % +4.5 % View data
11 #11
Switzerland
10.05 % 2019 +1.2 % +0.1 % View data
12 #12
Slovenia
9.22 % 2019 -1.0 % -6.1 % View data
13 #13
Israel
9.13 % 2019 +1.3 % -0.7 % View data
14 #14
Netherlands
8.43 % 2019 +1.3 % +1.8 % View data
15 #15
Greece
8.35 % 2019 -1.3 % +7.0 % View data
16 #16
Canada
7.84 % 2019 -0.0 % +0.3 % View data
17 #17
Lithuania
7.43 % 2019 -6.1 % -11.8 % View data
18 #18
Singapore
6.53 % 2019 +3.0 % -2.3 % View data
19 #19
Estonia
6.29 % 2019 +1.2 % +7.5 % View data
20 #20
South Africa
6.27 % 2019 -7.1 % -9.9 % View data
21 #21
Romania
6.21 % 2019 -1.2 % -2.2 % View data
22 #22
Hungary
6.10 % 2019 -6.2 % -7.6 % View data
23 #23
United States
5.38 % 2019 -0.6 % +1.0 % View data
24 #24
Italy
5.29 % 2019 +6.8 % +32.9 % View data
25 #25
Austria
5.20 % 2019 +0.3 % NA View data
26 #26
Czech Republic
5.07 % 2019 +10.2 % +16.1 % View data
27 #27
Australia
5.06 % 2019 -0.2 % +0.1 % View data
28 #28
Latvia
4.91 % 2019 -8.0 % -7.2 % View data
29 #29
Spain
4.81 % 2019 -3.6 % -4.1 % View data
30 #30
United Kingdom
4.22 % 2019 -0.8 % -0.2 % View data
31 #31
New Zealand
4.14 % 2019 -1.3 % NA View data
32 #32
Sweden
3.54 % 2019 -1.8 % NA View data
33 #33
Japan
3.19 % 2019 -1.9 % +4.5 % View data
34 #34
Ireland
3.00 % 2019 -0.2 % +2.5 % View data
35 #35
Poland
2.98 % 2019 -4.1 % +1.1 % View data
36 #36
Finland
2.89 % 2019 -6.2 % -6.2 % View data
37 #37
France
2.74 % 2019 +0.8 % +1.7 % View data
38 #38
Denmark
2.62 % 2019 +0.0 % +6.5 % View data
39 #39
Norway
2.18 % 2019 -6.7 % NA View data
40 #40
Vietnam
2.12 % 2019 +0.6 % NA View data
41 #41
Portugal
2.00 % 2019 +2.7 % +4.1 % View data
42 #42
Chile
1.94 % 2019 -13.0 % -10.0 % View data
43 #43
Luxembourg
1.30 % 2019 +2.0 % NA View data
44 #44
Turkey
1.29 % 2017 +6.3 % +5.8 % View data
45 #45
Cyprus
0.92 % 2019 -4.0 % +12.7 % View data
46 #46
Slovakia
0.91 % 2019 +38.9 % -17.9 % View data
47 #47
Malta
0.72 % 2019 +6.4 % +23.9 % View data
48 #48
Croatia
0.27 % 2019 -72.2 % -49.0 % View data
49 #49
Malaysia
0.25 % 2019 -52.1 % -26.7 % View data
50 #50
Argentina
0.24 % 2019 -2.9 % +1.1 % View data
51 #51
Mexico
0.09 % 2019 -75.0 % -18.1 % View data
52 #52
Iceland
0.03 % 2019 -94.7 % -62.0 % View data

Source: OECD

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