Hungary - Higher Education Expenditure on R&D Financed by the Business Sector
Since 2014, Hungary Higher Education Expenditure on R&D Financed by the Business Sector decreased by 10.4points year on year. With 5.24 Percent in 2019, the country was ranked number 20 among other countries in Higher Education Expenditure on R&D Financed by the Business Sector. Hungary is overtaken by United States, which was number 19 with 5.38 Percent and is followed by Spain at 5.21 Percent. Russia topped the ranking with 28.95 Percent in 2019, -0.4points versus 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 recorded the worst performance at -62points per year.
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| Date | Percent |
|---|---|
| 2019 | 5.24 |
| 2018 | 5.39 |
| 2017 | 6.07 |
| 2016 | 9.62 |
| 2015 | 8.02 |
How does Hungary 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 | |
| 19 |
#19
United States
|
5.38 % | 2019 | -0.6 % | +1.0 % | View data | |
| 20 |
#20
Hungary
|
5.24 % | 2019 | -2.8 % | -10.4 % | View data | |
| 21 |
#21
Spain
|
5.21 % | 2019 | -5.3 % | -2.6 % | View data | |