Hungary - Higher Education Expenditure on R&D Financed by Industry
Since 2014, Hungary Higher Education Expenditure on R&D Financed by Industry decreased by 6.8% year on year. In 2019, the country was ranked number 30 comparing other countries in Higher Education Expenditure on R&D Financed by Industry with $29.28 Million PPP. Hungary is overtaken by Ireland, which was ranked number 29 with $32.09 Million PPP and is followed by New Zealand with $29.19 Million PPP. China ranked the highest with $11,182.38 Million PPP in 2019, an increase of 2.5% compared to 2018. United States, Germany and Russia respectively ranked number 2, 3 and 4 in this ranking. Italy witnessed the best average annual growth at +34% per year, while Iceland recorded the worst performance at -32.5% per year.
Loading...
| Date | Million US Dollars PPP |
|---|---|
| 2019 | 29.27 |
| 2018 | 30.57 |
| 2017 | 31.05 |
| 2016 | 34.70 |
| 2015 | 34.35 |
How does Hungary 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 | |
| 29 |
#29
Ireland
|
32.09 | 2019 | +3.6 % | +6.3 % | View data | |
| 30 |
#30
Hungary
|
29.27 | 2019 | -4.2 % | -6.8 % | View data | |
| 31 |
#31
New Zealand
|
29.19 | 2019 | +2.0 % | NA | View data | |