Canada - Share of Higher Education Expenditure on R&D Financed by the Business Sector
Since 2014, Canada Share of Higher Education Expenditure on R&D Financed by the Business Sector jumped by 0.3points year on year. In 2019, the country was ranked number 16 among other countries in Share of Higher Education Expenditure on R&D Financed by the Business Sector at 7.84 Percent. Canada is overtaken by Greece, which was ranked number 15 at 8.35 Percent and is followed by Lithuania with 7.43 Percent. Russia topped the ranking with 28.95 Percent in 2019, -0.4points compared to 2018. China, Bulgaria and Ukraine respectively ranked number 2, 3 and 4 in this ranking. Italy witnessed the best average annual growth at +32.9points per year, while Iceland recorded 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 |
How does Canada rank in Share of Higher Education Expenditure on R&D Financed by the Business Sector?
| # | 52 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 | |
| 15 |
#15
Greece
|
8.35 % | 2019 | -1.3 % | +7.0 % | View data | |
| 16 |
#16
Canada
|
7.84 % | 2019 | -0.0 % | +0.3 % | View data | |
| 17 |
#17
Lithuania
|
7.43 % | 2019 | -6.1 % | -11.8 % | View data | |