Hungary - Government Expenditure on R&D Financed by the Higher Education and Private Non-Profit Sectors
Since 2014, Hungary Government Expenditure on R&D Financed by the Higher Education and Private Non-Profit Sectors decreased by 22% year on year. In 2019, the country was number 40 among other countries in Government Expenditure on R&D Financed by the Higher Education and Private Non-Profit Sectors at $0.3 Million PPP. Hungary is overtaken by Bulgaria, which was number 39 with $0.31 Million PPP and is followed by Estonia at $0.11 Million PPP. Germany topped the ranking with $370.39 Million PPP in 2019, +1% compared to 2018. France, United States and United Kingdom respectively ranked number 2, 3 and 4 in this ranking. Chile recorded the best 5 years average growth at +150.4% per year, while Iceland recorded the worst performance at -70.5% per year.
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| Date | Million US Dollars PPP |
|---|---|
| 2019 | 0.30 |
| 2018 | 0.32 |
| 2017 | 0.68 |
| 2016 | 0.16 |
| 2015 | 1.19 |
How does Hungary rank in Government Expenditure on R&D Financed by the Higher Education and Private Non-Profit Sectors?
| # | 46 Countries | Million US Dollars PPP | Last | YoY | 5‑years CAGR | ||
|---|---|---|---|---|---|---|---|
| 1 |
#1
Germany
|
370.39 | 2019 | +1.0 % | +13.5 % | View data | |
| 2 |
#2
France
|
165.70 | 2019 | +4.2 % | +4.8 % | View data | |
| 39 |
#39
Bulgaria
|
0.31 | 2017 | NA | NA | View data | |
| 40 |
#40
Hungary
|
0.30 | 2019 | -8.7 % | -22.0 % | View data | |
| 41 |
#41
Estonia
|
0.11 | 2019 | -17.7 % | +28.6 % | View data | |