Finland - Business Enterprise Expenditure on R&D Financed by the Higher Education and Private Non-Profit Sectors
Since 2014, Finland Business Enterprise Expenditure on R&D Financed by the Higher Education and Private Non-Profit Sectors decreased by 19.9% year on year. With $0.98 Million PPP in 2019, the country was ranked number 33 comparing other countries in Business Enterprise Expenditure on R&D Financed by the Higher Education and Private Non-Profit Sectors. Finland is overtaken by Hungary, which was ranked number 32 with $1.13 Million PPP and is followed by Portugal at $0.68 Million PPP. United States lead the ranking with $695 Million PPP in 2019, that is an increase of 4.4% compared to 2018. United Kingdom, Canada and Germany respectively ranked number 2, 3 and 4 in this ranking. Mexico recorded the best 5 years average growth at +58.7% per year, while Russia recorded the worst performance at -23.1% per year.
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| Date | Million US Dollars PPP |
|---|---|
| 2019 | 0.98 |
| 2018 | 1.05 |
| 2017 | 1.39 |
| 2016 | 1.02 |
| 2015 | 0.99 |
How does Finland rank in Business Enterprise Expenditure on R&D Financed by the Higher Education and Private Non-Profit Sectors?
| # | 44 Countries | Million US Dollars PPP | Last | YoY | 5‑years CAGR | ||
|---|---|---|---|---|---|---|---|
| 1 |
#1
United States
|
695.00 | 2019 | +4.3 % | +5.8 % | View data | |
| 2 |
#2
United Kingdom
|
403.54 | 2019 | +12.6 % | +15.7 % | View data | |
| 32 |
#32
Hungary
|
1.13 | 2019 | -2.1 % | -0.5 % | View data | |
| 33 |
#33
Finland
|
0.98 | 2019 | -6.2 % | -19.9 % | View data | |
| 34 |
#34
Portugal
|
0.68 | 2019 | +12.1 % | +18.4 % | View data | |