Colombia - Gross Domestic Expenditure on R&D Financed by the Higher Education and Private Non-Profit Sectors
Since 2014, Colombia Gross Domestic Expenditure on R&D Financed by the Higher Education and Private Non-Profit Sectors was up 4.1% year on year. At $433.72 Million PPP in 2019, the country was number 20 comparing other countries in Gross Domestic Expenditure on R&D Financed by the Higher Education and Private Non-Profit Sectors. Colombia is overtaken by Russia, which was ranked number 19 at $483.33 Million PPP and is followed by Switzerland with $352.66 Million PPP. United States topped the ranking with $43,853.06 Million PPP in 2019, that is +2.4% versus 2018. Japan, Canada and United Kingdom respectively ranked number 2, 3 and 4 in this ranking. Lithuania recorded the best 5 years average growth at +60.9% per year, while Costa Rica witnessed the worst performance at -18.1% per year.
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| Date | Million US Dollars PPP |
|---|---|
| 2019 | 433.72 |
| 2018 | 476.45 |
| 2017 | 339.26 |
| 2016 | 330.43 |
| 2015 | 346.77 |
How does Colombia rank in Gross Domestic Expenditure on R&D Financed by the Higher Education and Private Non-Profit Sectors?
| # | 54 Countries | Million US Dollars PPP | Last | YoY | 5‑years CAGR | ||
|---|---|---|---|---|---|---|---|
| 1 |
#1
United States
|
43,853.06 | 2019 | +2.4 % | +5.6 % | View data | |
| 2 |
#2
Japan
|
10,064.68 | 2019 | +1.9 % | -1.1 % | View data | |
| 19 |
#19
Russia
|
483.33 | 2019 | +3.2 % | -0.6 % | View data | |
| 20 |
#20
Colombia
|
433.72 | 2019 | -9.0 % | +4.0 % | View data | |
| 21 |
#21
Switzerland
|
352.66 | 2017 | NA | +8.4 % | View data | |