Cyprus - Higher Education Expenditure on R&D Financed by Government
Since 2014, Cyprus Higher Education Expenditure on R&D Financed by Government fell by 1.7% year on year. At $35.98 Million PPP in 2019, the country was ranked number 53 comparing other countries in Higher Education Expenditure on R&D Financed by Government. Cyprus is overtaken by Kazakhstan, which was number 52 at $63.92 Million PPP and is followed by Malta at $35.45 Million PPP. United States topped the ranking with $41,729.49 Million PPP in 2019, an increase of 0.9% compared to 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 | 35.98 |
| 2018 | 35.73 |
| 2017 | 35.43 |
| 2016 | 33.90 |
| 2015 | 35.67 |
How does Cyprus 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 | |
| 52 |
#52
Kazakhstan
|
63.92 | 2019 | -3.5 % | -14.4 % | View data | |
| 53 |
#53
Cyprus
|
35.98 | 2019 | +0.7 % | -1.7 % | View data | |
| 54 |
#54
Malta
|
35.45 | 2019 | +3.2 % | +3.4 % | View data | |