Belgium - Higher Education Expenditure on R&D Financed by the Business Enterprise Sector
Since 2014, Belgium Higher Education Expenditure on R&D Financed by the Business Enterprise Sector jumped by 6% year on year. With $384.65 Million PPP in 2019, the country was ranked number 15 comparing other countries in Higher Education Expenditure on R&D Financed by the Business Enterprise Sector. Belgium is overtaken by France, which was ranked number 14 at $390.92 Million PPP and is followed by Spain with $332.17 Million PPP. China topped the ranking with $9,388.03 Million PPP in 2019, a growth of 1.9% versus 2018. United States, Germany and Russia respectively ranked number 2, 3 and 4 in this ranking. Italy witnessed the best average annual growth at +38.6% per year, while Croatia was the worst growing country at -35.2% per year.
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| Date | Million US Dollars PPP |
|---|---|
| 2019 | 384.65 |
| 2018 | 371.80 |
| 2017 | 356.51 |
| 2016 | 356.06 |
| 2015 | 331.49 |
How does Belgium rank in Higher Education Expenditure on R&D Financed by the Business Enterprise Sector?
| # | 54 Countries | Million US Dollars PPP | Last | YoY | 5‑years CAGR | ||
|---|---|---|---|---|---|---|---|
| 1 |
#1
China
|
9,388.03 | 2019 | +1.9 % | +3.1 % | View data | |
| 2 |
#2
United States
|
4,090.77 | 2019 | +1.1 % | +5.1 % | View data | |
| 14 |
#14
France
|
390.92 | 2019 | +3.0 % | +3.0 % | View data | |
| 15 |
#15
Belgium
|
384.65 | 2019 | +3.5 % | +6.0 % | View data | |
| 16 |
#16
Spain
|
332.17 | 2019 | -2.9 % | +0.5 % | View data | |