Canada - Higher Education Expenditure on R&D Financed by Industry
Since 2014, Canada Higher Education Expenditure on R&D Financed by Industry grew 3.3% year on year. With $955.47 Million PPP in 2019, the country was ranked number 6 among other countries in Higher Education Expenditure on R&D Financed by Industry. Canada is overtaken by South Korea, which was ranked number 5 at $1,172.05 Million PPP and is followed by Japan with $638.87 Million PPP. China lead the ranking with $11,182.38 Million PPP in 2019, an increase of 2.5% compared to 2018. United States, Germany and Russia respectively ranked number 2, 3 and 4 in this ranking. Italy recorded the best 5 years average growth at +34% per year, while Iceland was the worst growing country at -32.5% per year.
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| Date | Million US Dollars PPP |
|---|---|
| 2019 | 955.47 |
| 2018 | 949.64 |
| 2017 | 933.82 |
| 2016 | 906.50 |
| 2015 | 834.13 |
How does Canada rank in Higher Education Expenditure on R&D Financed by Industry?
| # | 42 Countries | Million US Dollars PPP | Last | YoY | 5‑years CAGR | ||
|---|---|---|---|---|---|---|---|
| 1 |
#1
China
|
11,182.38 | 2019 | +2.5 % | +5.3 % | View data | |
| 2 |
#2
United States
|
4,090.76 | 2019 | +1.1 % | +5.1 % | View data | |
| 5 |
#5
South Korea
|
1,172.05 | 2019 | +1.6 % | +9.6 % | View data | |
| 6 |
#6
Canada
|
955.47 | 2019 | +0.6 % | +3.3 % | View data | |
| 7 |
#7
Japan
|
638.87 | 2019 | -0.6 % | +3.2 % | View data | |