Finland - Government Expenditure on R&D Financed by the Higher Education and Private Non-Profit Sectors
Since 2014, Finland Government Expenditure on R&D Financed by the Higher Education and Private Non-Profit Sectors decreased by 1.8% year on year. With $10.55 Million PPP in 2019, the country was ranked number 20 among other countries in Government Expenditure on R&D Financed by the Higher Education and Private Non-Profit Sectors. Finland is overtaken by Norway, which was ranked number 19 with $11.23 Million PPP and is followed by Czech Republic at $9.32 Million PPP. Germany topped the ranking with $370.39 Million PPP in 2019, a growth of 1% versus 2018. France, United States and United Kingdom respectively ranked number 2, 3 and 4 in this ranking. Chile witnessed the best average annual growth at +150.4% per year, while Iceland recorded the worst performance at -70.5% per year.
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| Date | Million US Dollars PPP |
|---|---|
| 2019 | 10.55 |
| 2018 | 9.79 |
| 2017 | 12.51 |
| 2016 | 10.44 |
| 2015 | 11.35 |
How does Finland rank in Government Expenditure on R&D Financed by the Higher Education and Private Non-Profit Sectors?
| # | 46 Countries | Million US Dollars PPP | Last | YoY | 5‑years CAGR | ||
|---|---|---|---|---|---|---|---|
| 1 |
#1
Germany
|
370.39 | 2019 | +1.0 % | +13.5 % | View data | |
| 2 |
#2
France
|
165.70 | 2019 | +4.2 % | +4.8 % | View data | |
| 19 |
#19
Norway
|
11.23 | 2019 | +3.4 % | +10.2 % | View data | |
| 20 |
#20
Finland
|
10.55 | 2019 | +7.8 % | -1.8 % | View data | |
| 21 |
#21
Czech Republic
|
9.32 | 2019 | +16.2 % | +30.7 % | View data | |