Cyprus - Higher Education Expenditure on R&D Financed by the Higher Education and Private Non-Profit Sectors
Since 2014, Cyprus Higher Education Expenditure on R&D Financed by the Higher Education and Private Non-Profit Sectors grew 10.6% year on year. In 2019, the country was number 77 among other countries in Higher Education Expenditure on R&D Financed by the Higher Education and Private Non-Profit Sectors with $28.68 Million PPP. Cyprus is overtaken by Slovakia, which was ranked number 76 at $30.21 Million PPP and is followed by Vietnam with $28.53 Million PPP. United States lead the ranking with $28,656.74 Million PPP in 2019, an increase of 2.1% versus 2018. Japan, Canada and Turkey respectively ranked number 2, 3 and 4 in this ranking. Lithuania witnessed the best average annual growth at +81.6% per year, while Malaysia recorded the worst performance at -39.7% per year.
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| Date | Million US Dollars PPP |
|---|---|
| 2019 | 28.68 |
| 2018 | 27.24 |
| 2017 | 27.30 |
| 2016 | 21.18 |
| 2015 | 20.37 |
How does Cyprus rank in Higher Education Expenditure on R&D Financed by the Higher Education and Private Non-Profit Sectors?
| # | 104 Countries | Million US Dollars PPP | Last | YoY | 5‑years CAGR | ||
|---|---|---|---|---|---|---|---|
| 1 |
#1
United States
|
28,656.74 | 2019 | +2.1 % | +6.1 % | View data | |
| 2 |
#2
Japan
|
9,027.62 | 2019 | +1.3 % | -1.0 % | View data | |
| 76 |
#76
Slovakia
|
30.21 | 2019 | +48.0 % | -22.6 % | View data | |
| 77 |
#77
Cyprus
|
28.68 | 2019 | +5.3 % | +10.6 % | View data | |
| 78 |
#78
Vietnam
|
28.53 | 2019 | +5.1 % | NA | View data | |