Bulgaria - Gross Domestic Expenditure on R&D Financed by the Higher Education and Private Non-Profit Sectors
Since 2014, Bulgaria Gross Domestic Expenditure on R&D Financed by the Higher Education and Private Non-Profit Sectors decreased by 8% year on year. In 2019, the country was ranked number 52 comparing other countries in Gross Domestic Expenditure on R&D Financed by the Higher Education and Private Non-Profit Sectors at $2.99 Million PPP. Bulgaria is overtaken by Latvia, which was number 51 with $7.21 Million PPP and is followed by Malta at $1.89 Million PPP. United States lead the ranking with $43,853.06 Million PPP in 2019, that is an increase of 2.4% compared to 2018. Japan, Canada and United Kingdom respectively ranked number 2, 3 and 4 in this ranking. Lithuania recorded the best 5 years average growth at +60.9% per year, while Costa Rica was the worst growing country at -18.1% per year.
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| Date | Million US Dollars PPP |
|---|---|
| 2019 | 2.99 |
| 2018 | 3.14 |
| 2017 | 3.12 |
| 2016 | 4.10 |
| 2015 | 2.81 |
How does Bulgaria rank in Gross Domestic Expenditure on R&D Financed by the Higher Education and Private Non-Profit Sectors?
| # | 54 Countries | Million US Dollars PPP | Last | YoY | 5‑years CAGR | ||
|---|---|---|---|---|---|---|---|
| 1 |
#1
United States
|
43,853.06 | 2019 | +2.4 % | +5.6 % | View data | |
| 2 |
#2
Japan
|
10,064.68 | 2019 | +1.9 % | -1.1 % | View data | |
| 51 |
#51
Latvia
|
7.21 | 2019 | +4.3 % | -1.1 % | View data | |
| 52 |
#52
Bulgaria
|
2.99 | 2019 | -4.9 % | -8.0 % | View data | |
| 53 |
#53
Malta
|
1.89 | 2019 | +4.3 % | +4.9 % | View data | |