Belgium - Higher Education Expenditure on R&D Financed by the Higher Education and Private Non-Profit Sectors
Since 2014, Belgium Higher Education Expenditure on R&D Financed by the Higher Education and Private Non-Profit Sectors increased 12.9% year on year. At $531.32 Million PPP in 2019, the country was number 19 comparing other countries in Higher Education Expenditure on R&D Financed by the Higher Education and Private Non-Profit Sectors. Belgium is overtaken by France, which was ranked number 18 at $551.84 Million PPP and is followed by Italy at $461.94 Million PPP. United States lead the ranking with $28,656.74 Million PPP in 2019, that is a growth of 2.1% compared to 2018. Japan, Canada and Turkey respectively ranked number 2, 3 and 4 in this ranking. Lithuania recorded the best 5 years average growth at +81.6% per year, while Malaysia was the worst growing country at -39.7% per year.
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| Date | Million US Dollars PPP |
|---|---|
| 2019 | 531.32 |
| 2018 | 506.75 |
| 2017 | 501.89 |
| 2016 | 474.85 |
| 2015 | 268.52 |
How does Belgium rank in Higher Education Expenditure on R&D Financed by the Higher Education and Private Non-Profit Sectors?
| # | 104 Countries | Million US Dollars PPP | Last | YoY | 5‑years CAGR | ||
|---|---|---|---|---|---|---|---|
| 1 |
#1
United States
|
28,656.74 | 2019 | +2.1 % | +6.1 % | View data | |
| 2 |
#2
Japan
|
9,027.62 | 2019 | +1.3 % | -1.0 % | View data | |
| 17 |
#17
Netherlands
|
563.72 | 2019 | +4.3 % | +5.6 % | View data | |
| 19 |
#19
Belgium
|
531.32 | 2019 | +4.8 % | +12.9 % | View data | |
| 21 |
#21
Denmark
|
444.45 | 2019 | +4.8 % | +8.8 % | View data | |