Hungary - Gross Domestic Expenditure on R&D Financed by the Higher Education and Private Non-Profit Sectors
Since 2014, Hungary Gross Domestic Expenditure on R&D Financed by the Higher Education and Private Non-Profit Sectors was down by 0% year on year. With $23.53 Million PPP in 2019, the country was number 43 comparing other countries in Gross Domestic Expenditure on R&D Financed by the Higher Education and Private Non-Profit Sectors. Hungary is overtaken by Romania, which was number 42 at $25.09 Million PPP and is followed by Iceland at $23.08 Million PPP. United States ranked the highest with $43,853.06 Million PPP in 2019, that is an increase of 2.4% compared to 2018. Japan, Canada and United Kingdom respectively ranked number 2, 3 and 4 in this ranking. Lithuania witnessed the best average annual growth at +60.9% per year, while Costa Rica witnessed the worst performance at -18.1% per year.
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| Date | Million US Dollars PPP |
|---|---|
| 2019 | 23.53 |
| 2018 | 23.08 |
| 2017 | 21.17 |
| 2016 | 24.05 |
| 2015 | 25.02 |
How does Hungary rank in Gross Domestic Expenditure on R&D Financed by the Higher Education and Private Non-Profit Sectors?
| # | 54 Countries | Million US Dollars PPP | Last | YoY | 5‑years CAGR | ||
|---|---|---|---|---|---|---|---|
| 1 |
#1
United States
|
43,853.06 | 2019 | +2.4 % | +5.6 % | View data | |
| 2 |
#2
Japan
|
10,064.68 | 2019 | +1.9 % | -1.1 % | View data | |
| 42 |
#42
Romania
|
25.09 | 2019 | +44.6 % | +0.8 % | View data | |
| 43 |
#43
Hungary
|
23.53 | 2019 | +1.9 % | -0.0 % | View data | |
| 44 |
#44
Iceland
|
23.08 | 2019 | +7.3 % | +2.9 % | View data | |