Iceland - Higher Education Expenditure on R&D

Since 2014, Iceland Higher Education Expenditure on R&D rose 7.1% year on year. In 2019, the country was ranked number 98 among other countries in Higher Education Expenditure on R&D at $134.69 Million PPP. United States ranked the highest with $75,818.32 Million PPP in 2019, +1.5% versus 2018. Indonesia witnessed the best average annual growth at +15.6% per year, while Kazakhstan recorded the worst performance at -9.6% per year.

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Date Million US Dollars PPP
2019 134.69
2018 131.00
2017 126.48
2016 116.75
2015 104.26
Download all data from 1981 to 2019

How does Iceland rank in Higher Education Expenditure on R&D?

# 103 Countries Million US Dollars PPP Last YoY 5‑years CAGR
1 #1
United States
75,818.32 2019 +1.5 % +4.0 % View data
3 #3
China
35,120.42 2019 +1.3 % +8.0 % View data
97 #97
Peru
141.24 2015 +22.8 % NA View data
98 #98
Iceland
134.69 2019 +2.8 % +7.1 % View data
100 #100
Kazakhstan
95.51 2019 +7.2 % -9.6 % View data
Compare all 103 countries

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