Iceland - Higher Education Expenditure on R&D Financed by the Business Sector
Since 2014, Iceland Higher Education Expenditure on R&D Financed by the Business Sector fell by 62points year on year. At 0.03 Percent in 2019, the country was ranked number 44 among other countries in Higher Education Expenditure on R&D Financed by the Business Sector. Russia ranked the highest with 28.95 Percent in 2019, that is -0.4points compared to 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 was the worst growing country at -62points per year.
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| Date | Percent |
|---|---|
| 2019 | 0.03 |
| 2018 | 0.50 |
| 2017 | 0.83 |
| 2016 | 2.33 |
| 2015 | 2.00 |
Download all data from 1981 to 2019
How does Iceland 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 | |
| 43 |
#43
Mexico
|
0.09 % | 2019 | -75.0 % | -18.1 % | View data | |
| 44 |
#44
Iceland
|
0.03 % | 2019 | -94.7 % | -62.0 % | View data | |