Iceland - Gross Domestic Expenditure on R&D Financed by Higher Education
Since 2014, Iceland Gross Domestic Expenditure on R&D Financed by Higher Education was up 0.8% year on year. With $14.65 Million PPP in 2019, the country was ranked number 32 among other countries in Gross Domestic Expenditure on R&D Financed by Higher Education. Iceland is overtaken by Slovakia, which was ranked number 31 at $26.33 Million PPP and is followed by Luxembourg with $13.52 Million PPP. United States lead the ranking with $21,605.11 Million PPP in 2019, that is +2.3% compared to 2018. Japan, Canada and Turkey respectively ranked number 2, 3 and 4 in this ranking. Lithuania witnessed the best average annual growth at +83.3% per year, while Israel recorded the worst performance at -10% per year.
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| Date | Million US Dollars PPP |
|---|---|
| 2019 | 14.65 |
| 2018 | 13.76 |
| 2017 | 12.90 |
| 2016 | 14.38 |
| 2015 | 14.20 |
How does Iceland rank in Gross Domestic Expenditure on R&D Financed by Higher Education?
| # | 37 Countries | Million US Dollars PPP | Last | YoY | 5‑years CAGR | ||
|---|---|---|---|---|---|---|---|
| 1 |
#1
United States
|
21,605.11 | 2019 | +2.3 % | +5.9 % | View data | |
| 2 |
#2
Japan
|
8,846.07 | 2019 | +1.2 % | -1.2 % | View data | |
| 31 |
#31
Slovakia
|
26.33 | 2019 | +6.7 % | -2.8 % | View data | |
| 32 |
#32
Iceland
|
14.65 | 2019 | +6.4 % | +0.8 % | View data | |
| 33 |
#33
Luxembourg
|
13.52 | 2019 | +5.2 % | NA | View data | |