Canada - Higher Education Expenditure on R&D Financed by the Business Sector

Since 2014, Canada Higher Education Expenditure on R&D Financed by the Business Sector jumped by 0.3points year on year. With 7.84 Percent in 2019, the country was number 13 among other countries in Higher Education Expenditure on R&D Financed by the Business Sector. Canada is overtaken by Greece, which was ranked number 12 at 8.35 Percent and is followed by Estonia at 6.8 Percent. Russia lead the ranking with 28.95 Percent in 2019, that is -0.4points versus 2018. China, South Korea and Germany respectively ranked number 2, 3 and 4 in this ranking. Italy recorded the best 5 years average growth at +36.8points per year, while Iceland witnessed the worst performance at -62points per year.

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Date Percent
2019 7.84
2018 7.85
2017 7.85
2016 7.92
2015 7.86
Download all data from 1981 to 2019

How does Canada rank in Higher Education Expenditure on R&D Financed by the Business Sector?

# 44 Countries Percent Last YoY 5‑years CAGR
1 #1
Russia
28.95 % 2019 -0.4 % +1.2 % View data
2 #2
China
26.37 % 2019 -0.7 % -4.8 % View data
12 #12
Greece
8.35 % 2019 -1.3 % +7.0 % View data
13 #13
Canada
7.84 % 2019 -0.0 % +0.3 % View data
14 #14
Estonia
6.80 % 2019 -1.1 % +9.2 % View data
Compare all 44 countries

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