Germany - Higher Education Expenditure on R&D Financed by Industry
Since 2014, Germany Higher Education Expenditure on R&D Financed by Industry increased 3.8% year on year. At $3,308.64 Million PPP in 2019, the country was ranked number 3 among other countries in Higher Education Expenditure on R&D Financed by Industry. Germany is overtaken by United States, which was ranked number 2 with $4,090.77 Million PPP and is followed by Russia with $1,192.14 Million PPP. China ranked the highest with $11,182.38 Million PPP in 2019, that is a growth of 2.5% versus 2018. Italy recorded the best 5 years average growth at +34% per year, while Iceland was the worst growing country at -32.5% per year.
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| Date | Million US Dollars PPP |
|---|---|
| 2019 | 3,308.64 |
| 2018 | 3,209.78 |
| 2017 | 3,115.07 |
| 2016 | 3,054.67 |
| 2015 | 2,736.39 |
Download all data from 1981 to 2019
How does Germany rank in Higher Education Expenditure on R&D Financed by Industry?
| # | 42 Countries | Million US Dollars PPP | Last | YoY | 5‑years CAGR | |
|---|---|---|---|---|---|---|
| 1 |
#1
China
|
11,182.38 | 2019 | +2.5 % | +5.3 % | View data |
| 2 |
#2
United States
|
4,090.76 | 2019 | +1.1 % | +5.1 % | View data |
| 3 |
#3
Germany
|
3,308.64 | 2019 | +3.1 % | +3.8 % | View data |
| 4 |
#4
Russia
|
1,192.14 | 2019 | +2.1 % | +2.1 % | View data |
| 5 |
#5
South Korea
|
1,172.05 | 2019 | +1.6 % | +9.6 % | View data |