Egypt - Higher Education Expenditure on R&D Financed by the Business Enterprise Sector
Since 2014, Egypt Higher Education Expenditure on R&D Financed by the Business Enterprise Sector grew 3.8% year on year. At $2.01 Million PPP in 2019, the country was number 50 comparing other countries in Higher Education Expenditure on R&D Financed by the Business Enterprise Sector. Egypt is overtaken by Luxembourg, which was number 49 at $2.44 Million PPP and is followed by Croatia with $1.7 Million PPP. China topped the ranking with $9,388.03 Million PPP in 2019, +1.9% versus 2018. United States, Germany and Russia respectively ranked number 2, 3 and 4 in this ranking. Italy recorded the best 5 years average growth at +38.6% per year, while Croatia recorded the worst performance at -35.2% per year.
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| Date | Million US Dollars PPP |
|---|---|
| 2019 | 2.01 |
| 2018 | 2.39 |
| 2017 | |
| 2016 | 0.16 |
| 2015 |
How does Egypt rank in Higher Education Expenditure on R&D Financed by the Business Enterprise Sector?
| # | 54 Countries | Million US Dollars PPP | Last | YoY | 5‑years CAGR | ||
|---|---|---|---|---|---|---|---|
| 1 |
#1
China
|
9,388.03 | 2019 | +1.9 % | +3.1 % | View data | |
| 2 |
#2
United States
|
4,090.77 | 2019 | +1.1 % | +5.1 % | View data | |
| 49 |
#49
Luxembourg
|
2.44 | 2019 | +6.3 % | NA | View data | |
| 50 |
#50
Egypt
|
2.01 | 2019 | -15.8 % | +3.8 % | View data | |
| 51 |
#51
Croatia
|
1.70 | 2019 | -43.2 % | -35.2 % | View data | |