Iceland - Higher Education Expenditure on R&D Financed by Government
Since 2014, Iceland Higher Education Expenditure on R&D Financed by Government was up 9% year on year. At $109.93 Million PPP in 2019, the country was ranked number 50 among other countries in Higher Education Expenditure on R&D Financed by Government. Iceland is overtaken by Ukraine, which was number 49 with $120.96 Million PPP and is followed by Latvia at $92.74 Million PPP. United States ranked the highest with $41,729.49 Million PPP in 2019, a growth of 0.9% compared to 2018. China, Germany and France respectively ranked number 2, 3 and 4 in this ranking. Malaysia recorded the best 5 years average growth at +29.3% per year, while Kazakhstan was the worst growing country at -14.5% per year.
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| Date | Million US Dollars PPP |
|---|---|
| 2019 | 109.93 |
| 2018 | 107.21 |
| 2017 | 102.85 |
| 2016 | 91.90 |
| 2015 | 80.60 |
How does Iceland rank in Higher Education Expenditure on R&D Financed by Government?
| # | 55 Countries | Million US Dollars PPP | Last | YoY | 5‑years CAGR | ||
|---|---|---|---|---|---|---|---|
| 1 |
#1
United States
|
41,729.49 | 2019 | +0.9 % | +2.5 % | View data | |
| 2 |
#2
China
|
23,196.24 | 2019 | +0.3 % | +10.2 % | View data | |
| 49 |
#49
Ukraine
|
120.96 | 2019 | -5.6 % | -0.6 % | View data | |
| 50 |
#50
Iceland
|
109.93 | 2019 | +2.5 % | +9.0 % | View data | |
| 51 |
#51
Latvia
|
92.74 | 2019 | +0.9 % | +11.6 % | View data | |