Estonia - Higher Education Expenditure on R&D Financed by the Business Enterprise Sector
Since 2014, Estonia Higher Education Expenditure on R&D Financed by the Business Enterprise Sector rose 13.3% year on year. At $19.68 Million PPP in 2019, the country was number 39 among other countries in Higher Education Expenditure on R&D Financed by the Business Enterprise Sector. Estonia is overtaken by Ukraine, which was ranked number 38 with $20.62 Million PPP and is followed by Romania at $17 Million PPP. China lead 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 was the worst growing country at -35.2% per year.
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| Date | Million US Dollars PPP |
|---|---|
| 2019 | 19.68 |
| 2018 | 20.68 |
| 2017 | 13.19 |
| 2016 | 13.49 |
| 2015 | 12.58 |
How does Estonia 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 | |
| 38 |
#38
Ukraine
|
20.62 | 2019 | -2.9 % | -5.1 % | View data | |
| 39 |
#39
Estonia
|
19.68 | 2019 | -4.8 % | +13.3 % | View data | |
| 40 |
#40
Romania
|
17.00 | 2019 | +6.1 % | +0.5 % | View data | |