Japan - Business Enterprise Expenditure on R&D Financed by the Higher Education and Private Non-Profit Sectors
Since 2014, Japan Business Enterprise Expenditure on R&D Financed by the Higher Education and Private Non-Profit Sectors decreased by 15% year on year. In 2019, the country was number 5 comparing other countries in Business Enterprise Expenditure on R&D Financed by the Higher Education and Private Non-Profit Sectors at $98.67 Million PPP. Japan is overtaken by Germany, which was number 4 at $126.63 Million PPP and is followed by South Africa at $75.49 Million PPP. United States topped the ranking with $695 Million PPP in 2019, that is a growth of 4.4% compared to 2018. Mexico recorded the best 5 years average growth at +58.7% per year, while Russia was the worst growing country at -23.1% per year.
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| Date | Million US Dollars PPP |
|---|---|
| 2019 | 98.67 |
| 2018 | 89.13 |
| 2017 | 133.21 |
| 2016 | 112.90 |
| 2015 | 159.24 |
How does Japan 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 | |
| 4 |
#4
Germany
|
126.63 | 2019 | +3.5 % | -2.7 % | View data | |
| 5 |
#5
Japan
|
98.67 | 2019 | +10.7 % | -15.0 % | View data | |
| 6 |
#6
South Africa
|
75.49 | 2019 | +4.0 % | +2.5 % | View data | |