Australia - Higher Education Expenditure on R&D Financed by the Business Sector
Since 2014, Australia Higher Education Expenditure on R&D Financed by the Business Sector fell by 0.6points year on year. In 2019, the country was number 25 among other countries in Higher Education Expenditure on R&D Financed by the Business Sector with 4.91 Percent. Australia is overtaken by Singapore, which was ranked number 24 with 4.91 Percent and is followed by United Kingdom with 4.39 Percent. Russia topped the ranking with 28.95 Percent in 2019, that is a fall of 0.4points compared to 2018. China, South Korea and Germany respectively ranked number 2, 3 and 4 in this ranking. Italy witnessed the best average annual growth at +36.8points per year, while Iceland recorded the worst performance at -62points per year.
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Date | Percent |
---|---|
2019 | 4.91 |
2018 | 4.90 |
2017 | |
2016 | 5.12 |
2015 |
How does Australia rank 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 | |
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 |