Belgium - Government Expenditure on R&D Financed by the Higher Education and Private Non-Profit Sectors
Since 2014, Belgium Government Expenditure on R&D Financed by the Higher Education and Private Non-Profit Sectors decreased by 5.5% year on year. At $12.19 Million PPP in 2019, the country was ranked number 18 comparing other countries in Government Expenditure on R&D Financed by the Higher Education and Private Non-Profit Sectors. Belgium is overtaken by Taiwan, which was number 17 at $13.71 Million PPP and is followed by Norway with $11.23 Million PPP. Germany ranked the highest with $370.39 Million PPP in 2019, that is a growth of 1% versus 2018. France, United States and United Kingdom respectively ranked number 2, 3 and 4 in this ranking. Chile recorded the best 5 years average growth at +150.4% per year, while Iceland was the worst growing country at -70.5% per year.
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| Date | Million US Dollars PPP |
|---|---|
| 2019 | 12.19 |
| 2018 | 11.74 |
| 2017 | 11.29 |
| 2016 | 11.32 |
| 2015 | 7.85 |
How does Belgium rank in Government Expenditure on R&D Financed by the Higher Education and Private Non-Profit Sectors?
| # | 46 Countries | Million US Dollars PPP | Last | YoY | 5‑years CAGR | ||
|---|---|---|---|---|---|---|---|
| 1 |
#1
Germany
|
370.39 | 2019 | +1.0 % | +13.5 % | View data | |
| 2 |
#2
France
|
165.70 | 2019 | +4.2 % | +4.8 % | View data | |
| 17 |
#17
Taiwan
|
13.71 | 2019 | +5.3 % | +8.0 % | View data | |
| 18 |
#18
Belgium
|
12.19 | 2019 | +3.8 % | -5.5 % | View data | |
| 19 |
#19
Norway
|
11.23 | 2019 | +3.4 % | +10.2 % | View data | |