Cyprus - Government Expenditure on R&D Financed by the Higher Education and Private Non-Profit Sectors
Since 2014, Cyprus Government Expenditure on R&D Financed by the Higher Education and Private Non-Profit Sectors grew 31.8% year on year. In 2019, the country was ranked number 44 comparing other countries in Government Expenditure on R&D Financed by the Higher Education and Private Non-Profit Sectors with $0.06 Million PPP. Cyprus is overtaken by Lithuania, which was ranked number 43 at $0.06 Million PPP and is followed by Iceland with $0 Million PPP. Germany ranked the highest with $370.39 Million PPP in 2019, an increase of 1% compared to 2018. France, United States and United Kingdom respectively ranked number 2, 3 and 4 in this ranking. Chile witnessed the best average annual growth at +150.4% per year, while Iceland witnessed the worst performance at -70.5% per year.
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| Date | Million US Dollars PPP |
|---|---|
| 2019 | 0.06 |
| 2018 | 0.05 |
| 2017 | 0.07 |
| 2016 | 0.02 |
| 2015 | 0.02 |
How does Cyprus rank in Government Expenditure on R&D Financed by the Higher Education and Private Non-Profit Sectors?
| # | 46 Countries | Million US Dollars PPP | Last | YoY | 5‑years CAGR | ||
|---|---|---|---|---|---|---|---|
| 1 |
#1
Germany
|
370.39 | 2019 | +1.0 % | +13.5 % | View data | |
| 2 |
#2
France
|
165.70 | 2019 | +4.2 % | +4.8 % | View data | |
| 43 |
#43
Lithuania
|
0.06 | 2019 | +3.8 % | -31.7 % | View data | |
| 44 |
#44
Cyprus
|
0.06 | 2019 | +7.2 % | +31.8 % | View data | |
| 45 |
#45
Iceland
|
0.00 | 2019 | -98.4 % | -70.5 % | View data | |