Estonia - Higher Education Expenditure on R&D Financed by the Business Sector
Since 2014, Estonia Higher Education Expenditure on R&D Financed by the Business Sector grew 9.2points year on year. At 6.8 Percent in 2019, the country was ranked number 14 comparing other countries in Higher Education Expenditure on R&D Financed by the Business Sector. Estonia is overtaken by Canada, which was number 13 at 7.84 Percent and is followed by Lithuania at 6.27 Percent. Russia topped the ranking with 28.95 Percent in 2019, that is a decrease of 0.4points compared to 2018. China, South Korea and Germany respectively ranked number 2, 3 and 4 in this ranking. Italy witnessed the best average annual growth at +36.8points per year, while Iceland witnessed the worst performance at -62points per year.
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| Date | Percent |
|---|---|
| 2019 | 6.80 |
| 2018 | 6.88 |
| 2017 | 5.84 |
| 2016 | 7.41 |
| 2015 | 5.40 |
How does Estonia rank in Higher Education Expenditure on R&D Financed by the Business Sector?
| # | 44 Countries | Percent | Last | YoY | 5‑years CAGR | ||
|---|---|---|---|---|---|---|---|
| 1 |
#1
Russia
|
28.95 % | 2019 | -0.4 % | +1.2 % | View data | |
| 2 |
#2
China
|
26.37 % | 2019 | -0.7 % | -4.8 % | View data | |
| 13 |
#13
Canada
|
7.84 % | 2019 | -0.0 % | +0.3 % | View data | |
| 14 |
#14
Estonia
|
6.80 % | 2019 | -1.1 % | +9.2 % | View data | |
| 15 |
#15
Lithuania
|
6.27 % | 2019 | -2.2 % | -14.7 % | View data | |