Hungary - Government Budget Allocations for R&D in Culture, Recreation, Religion and Mass Media
Since 2014, Hungary Government Budget Allocations for R&D in Culture, Recreation, Religion and Mass Media was down by 0.4% year on year. In 2019, the country was ranked number 19 comparing other countries in Government Budget Allocations for R&D in Culture, Recreation, Religion and Mass Media at $688.43 Million PPP. Hungary is overtaken by Ireland, which was ranked number 18 at $710.16 Million PPP and is followed by Slovakia with $623.05 Million PPP. South Korea topped the ranking with $23,546.01 Million PPP in 2019, that is +3.8% compared to 2018. Russia, United Kingdom and Canada respectively ranked number 2, 3 and 4 in this ranking. Australia witnessed the best average annual growth at +187.9% per year, while Japan witnessed the worst performance at -77.6% per year.
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| Date | Million US Dollars PPP |
|---|---|
| 2019 | 688.43 |
| 2018 | 936.75 |
| 2017 | 3.85 |
| 2016 | 16.52 |
| 2015 | 6.06 |
How does Hungary rank in Government Budget Allocations for R&D in Culture, Recreation, Religion and Mass Media?
| # | 37 Countries | Million US Dollars PPP | Last | YoY | 5‑years CAGR | ||
|---|---|---|---|---|---|---|---|
| 1 |
#1
South Korea
|
23,546.01 | 2019 | +3.8 % | +2.9 % | View data | |
| 2 |
#2
Russia
|
17,043.40 | 2019 | +0.4 % | -3.9 % | View data | |
| 18 |
#18
Ireland
|
710.16 | 2019 | -26.9 % | -4.4 % | View data | |
| 19 |
#19
Hungary
|
688.43 | 2019 | -26.5 % | -0.4 % | View data | |
| 20 |
#20
Slovakia
|
623.05 | 2019 | +2,934.8 % | +97.2 % | View data | |