China - Higher Education Expenditure on R&D Financed by Industry
Since 2014, China Higher Education Expenditure on R&D Financed by Industry was up 5.3% year on year. With $11,182.38 Million PPP in 2019, the country was number 1 comparing other countries in Higher Education Expenditure on R&D Financed by Industry. United States, Germany and Russia respectively ranked number 2, 3 and 4 in this ranking. Italy witnessed the best average annual 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 | 11,182.38 |
| 2018 | 10,906.43 |
| 2017 | 10,215.62 |
| 2016 | 8,973.04 |
| 2015 | 8,711.38 |
Download all data from 2000 to 2019
How does China 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 |
| 3 |
#3
Germany
|
3,308.64 | 2019 | +3.1 % | +3.8 % | View data |
| 4 |
#4
Russia
|
1,192.14 | 2019 | +2.1 % | +2.1 % | View data |
| 5 |
#5
South Korea
|
1,172.05 | 2019 | +1.6 % | +9.6 % | View data |