Cyprus - Gross Domestic Expenditure on R&D Financed by the Higher Education and Private Non-Profit Sectors
Since 2014, Cyprus Gross Domestic Expenditure on R&D Financed by the Higher Education and Private Non-Profit Sectors increased 8.5% year on year. With $11.49 Million PPP in 2019, the country was ranked number 47 comparing other countries in Gross Domestic Expenditure on R&D Financed by the Higher Education and Private Non-Profit Sectors. Cyprus is overtaken by Egypt, which was number 46 at $13.82 Million PPP and is followed by Estonia at $10.7 Million PPP. United States ranked the highest with $43,853.06 Million PPP in 2019, that is an increase of 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 recorded the worst performance at -18.1% per year.
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| Date | Million US Dollars PPP |
|---|---|
| 2019 | 11.49 |
| 2018 | 10.98 |
| 2017 | 11.17 |
| 2016 | 8.46 |
| 2015 | 8.24 |
How does Cyprus 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 | |
| 46 |
#46
Egypt
|
13.82 | 2019 | -11.0 % | +27.2 % | View data | |
| 47 |
#47
Cyprus
|
11.49 | 2019 | +4.6 % | +8.5 % | View data | |
| 48 |
#48
Estonia
|
10.70 | 2019 | -8.6 % | +14.3 % | View data | |