Belgium - Higher Education Expenditure on R&D Financed by Government
Since 2014, Belgium Higher Education Expenditure on R&D Financed by Government was up 3.9% year on year. In 2019, the country was ranked number 26 among other countries in Higher Education Expenditure on R&D Financed by Government with $2,035.53 Million PPP. Belgium is overtaken by Malaysia, which was number 25 with $2,240.86 Million PPP and is followed by Portugal with $1,638.32 Million PPP. United States ranked the highest with $41,729.49 Million PPP in 2019, that is a growth of 0.9% versus 2018. China, Germany and France respectively ranked number 2, 3 and 4 in this ranking. Malaysia recorded the best 5 years average growth at +29.3% per year, while Kazakhstan witnessed the worst performance at -14.5% per year.
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| Date | Million US Dollars PPP |
|---|---|
| 2019 | 2,035.53 |
| 2018 | 1,979.50 |
| 2017 | 1,924.15 |
| 2016 | 1,882.14 |
| 2015 | 1,741.70 |
How does Belgium rank in Higher Education Expenditure on R&D Financed by Government?
| # | 55 Countries | Million US Dollars PPP | Last | YoY | 5‑years CAGR | ||
|---|---|---|---|---|---|---|---|
| 1 |
#1
United States
|
41,729.49 | 2019 | +0.9 % | +2.5 % | View data | |
| 2 |
#2
China
|
23,196.24 | 2019 | +0.3 % | +10.2 % | View data | |
| 25 |
#25
Malaysia
|
2,240.86 | 2019 | +2.9 % | +29.3 % | View data | |
| 26 |
#26
Belgium
|
2,035.53 | 2019 | +2.8 % | +3.9 % | View data | |
| 27 |
#27
Portugal
|
1,638.32 | 2019 | +2.8 % | +2.7 % | View data | |