Belgium - Business Enterprise Expenditure on R&D Financed by the Higher Education and Private Non-Profit Sectors

In 2019, the country was ranked number 22 among other countries in Business Enterprise Expenditure on R&D Financed by the Higher Education and Private Non-Profit Sectors at $4.91 Million PPP. Belgium is overtaken by Poland, which was ranked number 21 at $7.09 Million PPP and is followed by Slovenia with $4.62 Million PPP. United States lead the ranking with $695 Million PPP in 2019, that is an increase of 4.4% compared to 2018. United Kingdom, Canada and Germany respectively ranked number 2, 3 and 4 in this ranking. Mexico witnessed the best average annual growth at +58.7% per year, while Russia recorded the worst performance at -23.1% per year.

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Date Million US Dollars PPP
2019 4.91
2018 4.72
2017 5.17
2016
2015 1.93
Download all data from 1981 to 2019

How does Belgium rank in Business Enterprise Expenditure on R&D Financed by the Higher Education and Private Non-Profit Sectors?

# 44 Countries Million US Dollars PPP Last YoY 5‑years CAGR
1 #1
United States
695.00 2019 +4.3 % +5.8 % View data
2 #2
United Kingdom
403.54 2019 +12.6 % +15.7 % View data
21 #21
Poland
7.09 2019 +19.3 % +8.6 % View data
22 #22
Belgium
4.91 2019 +4.2 % NA View data
23 #23
Slovenia
4.62 2019 +8.4 % +53.8 % View data
Compare all 44 countries

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