Iceland - Higher Education Expenditure on R&D Financed from General University Funds
Since 2014, Iceland Higher Education Expenditure on R&D Financed from General University Funds decreased by 8.8% year on year. In 2019, the country was number 28 among other countries in Higher Education Expenditure on R&D Financed from General University Funds with $34.56 Million PPP. Iceland is overtaken by Cyprus, which was number 27 with $34.79 Million PPP and is followed by Malta at $33.8 Million PPP. Japan topped the ranking with $7,618.5 Million PPP in 2019, that is an increase of 1.3% compared to 2018. Italy, Australia and France respectively ranked number 2, 3 and 4 in this ranking. South Africa witnessed the best average annual growth at +8.8% per year, while Romania witnessed the worst performance at -9.4% per year.
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| Date | Million US Dollars PPP |
|---|---|
| 2019 | 34.56 |
| 2018 | 33.40 |
| 2017 | 30.04 |
| 2016 | 67.00 |
| 2015 | 21.38 |
How does Iceland rank in Higher Education Expenditure on R&D Financed from General University Funds?
| # | 31 Countries | Million US Dollars PPP | Last | YoY | 5‑years CAGR | ||
|---|---|---|---|---|---|---|---|
| 1 |
#1
Japan
|
7,618.50 | 2019 | +1.3 % | -1.1 % | View data | |
| 2 |
#2
Italy
|
5,770.60 | 2019 | +0.2 % | +0.5 % | View data | |
| 27 |
#27
Cyprus
|
34.79 | 2019 | +2.6 % | +3.6 % | View data | |
| 28 |
#28
Iceland
|
34.56 | 2019 | +3.5 % | -8.8 % | View data | |
| 29 |
#29
Malta
|
33.80 | 2019 | +3.6 % | +3.7 % | View data | |