Finland - Higher Education Expenditure on R&D Financed by the Business Sector
Since 2014, Finland Higher Education Expenditure on R&D Financed by the Business Sector was down by 7points year on year. At 2.77 Percent in 2019, the country was number 33 among other countries in Higher Education Expenditure on R&D Financed by the Business Sector. Finland is overtaken by Japan, which was number 32 with 3.19 Percent and is followed by France with 2.74 Percent. Russia ranked the highest with 28.95 Percent in 2019, that is a fall of 0.4points versus 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 | 2.77 |
| 2018 | 2.93 |
| 2017 | 3.18 |
| 2016 | 3.65 |
| 2015 | 3.72 |
How does Finland 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 | |
| 32 |
#32
Japan
|
3.19 % | 2019 | -1.9 % | +4.5 % | View data | |
| 33 |
#33
Finland
|
2.77 % | 2019 | -5.3 % | -7.0 % | View data | |
| 34 |
#34
France
|
2.74 % | 2019 | +0.8 % | +1.7 % | View data | |