Canada - Business Enterprise Expenditure on R&D Financed by the Higher Education and Private Non-Profit Sectors
Since 2014, Canada Business Enterprise Expenditure on R&D Financed by the Higher Education and Private Non-Profit Sectors increased 17.5% year on year. At $265.54 Million PPP in 2019, the country was number 3 comparing other countries in Business Enterprise Expenditure on R&D Financed by the Higher Education and Private Non-Profit Sectors. Canada is overtaken by United Kingdom, which was number 2 with $403.54 Million PPP and is followed by Germany with $126.63 Million PPP. United States topped the ranking with $695 Million PPP in 2019, an increase of 4.4% compared to 2018. Mexico recorded the best 5 years average growth at +58.7% per year, while Russia was the worst growing country at -23.1% per year.
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| Date | Million US Dollars PPP |
|---|---|
| 2019 | 265.54 |
| 2018 | 252.85 |
| 2017 | 275.58 |
| 2016 | 207.98 |
| 2015 | 169.87 |
How does Canada 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 |
| 3 |
#3
Canada
|
265.54 | 2019 | +5.0 % | +17.5 % | View data |
| 4 |
#4
Germany
|
126.63 | 2019 | +3.5 % | -2.7 % | View data |
| 5 |
#5
Japan
|
98.67 | 2019 | +10.7 % | -15.0 % | View data |