Greece - Higher Education Expenditure on R&D Financed by the Business Sector
Since 2014, Greece Higher Education Expenditure on R&D Financed by the Business Sector was up 7points year on year. At 8.35 Percent in 2019, the country was number 12 comparing other countries in Higher Education Expenditure on R&D Financed by the Business Sector. Greece is overtaken by Netherlands, which was ranked number 11 with 8.43 Percent and is followed by Canada with 7.84 Percent. Russia lead the ranking with 28.95 Percent in 2019, that is a decrease of 0.4points compared to 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 | 8.35 |
| 2018 | 8.46 |
| 2017 | 8.35 |
| 2016 | 7.29 |
| 2015 | 7.58 |
How does Greece 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 | |
| 11 |
#11
Netherlands
|
8.43 % | 2019 | +1.3 % | +1.8 % | View data | |
| 12 |
#12
Greece
|
8.35 % | 2019 | -1.3 % | +7.0 % | View data | |
| 13 |
#13
Canada
|
7.84 % | 2019 | -0.0 % | +0.3 % | View data | |