China - Higher Education Expenditure on R&D Financed by Government
Since 2014, China Higher Education Expenditure on R&D Financed by Government grew 10.2% year on year. At $23,196.24 Million PPP in 2019, the country was number 2 comparing other countries in Higher Education Expenditure on R&D Financed by Government. United States lead the ranking with $41,729.49 Million PPP in 2019, +0.9% versus 2018. Malaysia witnessed the best average annual growth at +29.3% per year, while Kazakhstan was the worst growing country at -14.5% per year.
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| Date | Million US Dollars PPP |
|---|---|
| 2019 | 23,196.24 |
| 2018 | 23,126.34 |
| 2017 | 19,230.00 |
| 2016 | 17,243.08 |
| 2015 | 16,463.18 |
Download all data from 2000 to 2019
How does China rank in Higher Education Expenditure on R&D Financed by Government?
| # | 55 Countries | Million US Dollars PPP | Last | YoY | 5‑years CAGR | |
|---|---|---|---|---|---|---|
| 1 |
#1
United States
|
41,729.49 | 2019 | +0.9 % | +2.5 % | View data |
| 2 |
#2
China
|
23,196.24 | 2019 | +0.3 % | +10.2 % | View data |
| 3 |
#3
Germany
|
20,919.41 | 2019 | +2.2 % | +5.8 % | View data |
| 4 |
#4
France
|
11,289.15 | 2019 | +1.8 % | +0.6 % | View data |
| 5 |
#5
Japan
|
10,403.69 | 2019 | +1.7 % | -1.6 % | View data |