Colombia - Higher Education Expenditure on R&D Financed by Government
Since 2014, Colombia Higher Education Expenditure on R&D Financed by Government decreased by 5.2% year on year. In 2019, the country was ranked number 43 among other countries in Higher Education Expenditure on R&D Financed by Government at $213.29 Million PPP. Colombia is overtaken by Lithuania, which was number 42 with $216.93 Million PPP and is followed by Romania at $195.92 Million PPP. United States lead the ranking with $41,729.49 Million PPP in 2019, that is an increase of 0.9% versus 2018. China, Germany and France respectively ranked number 2, 3 and 4 in this ranking. Malaysia witnessed the best average annual growth at +29.3% per year, while Kazakhstan witnessed the worst performance at -14.5% per year.
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| Date | Million US Dollars PPP |
|---|---|
| 2019 | 213.29 |
| 2018 | 225.70 |
| 2017 | 194.80 |
| 2016 | 208.32 |
| 2015 | 302.91 |
How does Colombia 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 | |
| 42 |
#42
Lithuania
|
216.93 | 2019 | +2.1 % | +1.5 % | View data | |
| 43 |
#43
Colombia
|
213.29 | 2019 | -5.5 % | -5.2 % | View data | |
| 44 |
#44
Romania
|
195.92 | 2019 | -2.4 % | +8.3 % | View data | |