Italy - Government Budget Allocations for R&D in Culture, Recreation, Religion and Mass Media
Since 2014, Italy Government Budget Allocations for R&D in Culture, Recreation, Religion and Mass Media was down by 25.8% year on year. In 2019, the country was ranked number 14 among other countries in Government Budget Allocations for R&D in Culture, Recreation, Religion and Mass Media at $2,562.96 Million PPP. Italy is overtaken by Czech Republic, which was number 13 with $2,862.32 Million PPP and is followed by Spain with $1,877.62 Million PPP. South Korea topped the ranking with $23,546.01 Million PPP in 2019, a growth of 3.8% compared to 2018. Russia, United Kingdom and Canada respectively ranked number 2, 3 and 4 in this ranking. Australia witnessed the best average annual growth at +187.9% per year, while Japan recorded the worst performance at -77.6% per year.
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| Date | Million US Dollars PPP |
|---|---|
| 2019 | 2,562.96 |
| 2018 | 97.27 |
| 2017 | 12,806.17 |
| 2016 | 74.93 |
| 2015 | 11,336.02 |
How does Italy rank in Government Budget Allocations for R&D in Culture, Recreation, Religion and Mass Media?
| # | 37 Countries | Million US Dollars PPP | Last | YoY | 5‑years CAGR | ||
|---|---|---|---|---|---|---|---|
| 1 |
#1
South Korea
|
23,546.01 | 2019 | +3.8 % | +2.9 % | View data | |
| 2 |
#2
Russia
|
17,043.40 | 2019 | +0.4 % | -3.9 % | View data | |
| 13 |
#13
Czech Republic
|
2,862.32 | 2019 | +16,857.9 % | +149.0 % | View data | |
| 14 |
#14
Italy
|
2,562.96 | 2019 | +2,535.0 % | -25.8 % | View data | |
| 15 |
#15
Spain
|
1,877.62 | 2019 | +1,876.4 % | -26.4 % | View data | |