Finland - Gross Domestic Expenditure on R&D Financed by Government and Higher Education
Since 2013, Finland Gross Domestic Expenditure on R&D Financed by Government and Higher Education rose 1.8% year on year. At $2,101.6 Million PPP in 2018, the country was ranked number 12 among other countries in Gross Domestic Expenditure on R&D Financed by Government and Higher Education. Finland is overtaken by Czech Republic, which was ranked number 11 at $2,465.04 Million PPP and is followed by Greece with $1,331.13 Million PPP. Japan topped the ranking with $38,604.84 Million PPP in 2018, +1.4% versus 2017. Russia, South Korea and United Kingdom respectively ranked number 2, 3 and 4 in this ranking. Slovakia witnessed the best average annual growth at +5.7% per year, while Slovenia witnessed the worst performance at -1.8% per year.
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| Date | Million US Dollars PPP |
|---|---|
| 2018 | 2,101.60 |
| 2017 | 2,069.65 |
| 2016 | 2,037.04 |
| 2015 | 2,003.78 |
| 2014 | 1,954.76 |
How does Finland rank in Gross Domestic Expenditure on R&D Financed by Government and Higher Education?
| # | 20 Countries | Million US Dollars PPP | Last | YoY | 5‑years CAGR | ||
|---|---|---|---|---|---|---|---|
| 1 |
#1
Japan
|
38,604.84 | 2018 | +1.4 % | +0.5 % | View data | |
| 2 |
#2
Russia
|
31,814.06 | 2018 | +3.3 % | +4.8 % | View data | |
| 11 |
#11
Czech Republic
|
2,465.04 | 2018 | +2.8 % | +3.0 % | View data | |
| 12 |
#12
Finland
|
2,101.60 | 2018 | +1.5 % | +1.8 % | View data | |
| 13 |
#13
Greece
|
1,331.13 | 2018 | +0.2 % | +0.3 % | View data | |