Finland - Gross Domestic Expenditure on R&D Financed by Higher Education
Since 2014, Finland Gross Domestic Expenditure on R&D Financed by Higher Education grew 18.5% year on year. At $37.82 Million PPP in 2019, the country was number 26 among other countries in Gross Domestic Expenditure on R&D Financed by Higher Education. Finland is overtaken by Israel, which was number 25 with $41.26 Million PPP and is followed by Netherlands with $37.26 Million PPP. United States lead the ranking with $21,605.11 Million PPP in 2019, that is an increase of 2.3% compared to 2018. Japan, Canada and Turkey respectively ranked number 2, 3 and 4 in this ranking. Lithuania recorded the best 5 years average growth at +83.3% per year, while Israel recorded the worst performance at -10% per year.
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| Date | Million US Dollars PPP |
|---|---|
| 2019 | 37.82 |
| 2018 | 35.92 |
| 2017 | 36.94 |
| 2016 | 28.49 |
| 2015 | 20.16 |
How does Finland rank in Gross Domestic Expenditure on R&D Financed by Higher Education?
| # | 37 Countries | Million US Dollars PPP | Last | YoY | 5‑years CAGR | ||
|---|---|---|---|---|---|---|---|
| 1 |
#1
United States
|
21,605.11 | 2019 | +2.3 % | +5.9 % | View data | |
| 2 |
#2
Japan
|
8,846.07 | 2019 | +1.2 % | -1.2 % | View data | |
| 25 |
#25
Israel
|
41.26 | 2019 | -13.8 % | -10.0 % | View data | |
| 26 |
#26
Finland
|
37.82 | 2019 | +5.3 % | +18.5 % | View data | |
| 27 |
#27
Netherlands
|
37.26 | 2019 | +1.4 % | +6.1 % | View data | |