Israel - Business Enterprise Expenditure on R&D Financed by the Higher Education and Private Non-Profit Sectors
Since 2014, Israel Business Enterprise Expenditure on R&D Financed by the Higher Education and Private Non-Profit Sectors rose 4.5% year on year. In 2019, the country was ranked number 7 among other countries in Business Enterprise Expenditure on R&D Financed by the Higher Education and Private Non-Profit Sectors with $73.78 Million PPP. Israel is overtaken by South Africa, which was number 6 with $75.49 Million PPP and is followed by Switzerland with $60.35 Million PPP. United States topped the ranking with $695 Million PPP in 2019, a growth of 4.4% versus 2018. United Kingdom, Canada and Germany respectively ranked number 2, 3 and 4 in this ranking. Mexico witnessed the best average annual growth at +58.7% per year, while Russia witnessed the worst performance at -23.1% per year.
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| Date | Million US Dollars PPP |
|---|---|
| 2019 | 73.78 |
| 2018 | 71.40 |
| 2017 | 69.16 |
| 2016 | 67.06 |
| 2015 | 61.92 |
How does Israel rank in Business Enterprise Expenditure on R&D Financed by the Higher Education and Private Non-Profit Sectors?
| # | 44 Countries | Million US Dollars PPP | Last | YoY | 5‑years CAGR | ||
|---|---|---|---|---|---|---|---|
| 1 |
#1
United States
|
695.00 | 2019 | +4.3 % | +5.8 % | View data | |
| 2 |
#2
United Kingdom
|
403.54 | 2019 | +12.6 % | +15.7 % | View data | |
| 6 |
#6
South Africa
|
75.49 | 2019 | +4.0 % | +2.5 % | View data | |
| 7 |
#7
Israel
|
73.78 | 2019 | +3.3 % | +4.5 % | View data | |
| 8 |
#8
Switzerland
|
60.35 | 2017 | NA | +0.2 % | View data | |