Bulgaria - Business Enterprise Expenditure on R&D Financed by the Higher Education and Private Non-Profit Sectors
Since 2014, Bulgaria Business Enterprise Expenditure on R&D Financed by the Higher Education and Private Non-Profit Sectors decreased by 5% year on year. At $2.43 Million PPP in 2019, the country was number 27 comparing other countries in Business Enterprise Expenditure on R&D Financed by the Higher Education and Private Non-Profit Sectors. Bulgaria is overtaken by Czech Republic, which was ranked number 26 at $3.5 Million PPP and is followed by Romania at $2.39 Million PPP. United States topped the ranking with $695 Million PPP in 2019, +4.4% versus 2018. United Kingdom, Canada and Germany respectively ranked number 2, 3 and 4 in this ranking. Mexico recorded the best 5 years average growth at +58.7% per year, while Russia witnessed the worst performance at -23.1% per year.
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| Date | Million US Dollars PPP |
|---|---|
| 2019 | 2.43 |
| 2018 | 2.32 |
| 2017 | 2.20 |
| 2016 | 2.06 |
| 2015 | 1.75 |
How does Bulgaria 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 | |
| 26 |
#26
Czech Republic
|
3.50 | 2019 | -2.8 % | +18.8 % | View data | |
| 27 |
#27
Bulgaria
|
2.43 | 2019 | +4.6 % | -5.0 % | View data | |
| 28 |
#28
Romania
|
2.39 | 2019 | +76.9 % | +12.6 % | View data | |