Latvia - Applied Research Expenditures by Higher Education
Since 2014, Latvia Applied Research Expenditures by Higher Education decreased by 0.3% year on year. At $56.27 Million PPP in 2019, the country was ranked number 33 among other countries in Applied Research Expenditures by Higher Education. Latvia is overtaken by Estonia, which was ranked number 32 with $65.31 Million PPP and is followed by Iceland at $44.46 Million PPP. United States ranked the highest with $21,344.6 Million PPP in 2019, +2.5% compared to 2018. China, United Kingdom and Japan respectively ranked number 2, 3 and 4 in this ranking. China recorded the best 5 years average growth at +8.4% per year, while Lithuania recorded the worst performance at -8.2% per year.
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| Date | Million US Dollars PPP |
|---|---|
| 2019 | 56.27 |
| 2018 | 55.28 |
| 2017 | 57.20 |
| 2016 | 38.80 |
| 2015 | 64.93 |
Download all data from 2000 to 2019
How does Latvia rank in Applied Research Expenditures by Higher Education?
| # | 35 Countries | Million US Dollars PPP | Last | YoY | 5‑years CAGR | ||
|---|---|---|---|---|---|---|---|
| 1 |
#1
United States
|
21,344.60 | 2019 | +2.5 % | +5.5 % | View data | |
| 2 |
#2
China
|
20,376.31 | 2019 | +1.7 % | +8.4 % | View data | |
| 32 |
#32
Estonia
|
65.31 | 2019 | +1.2 % | -3.2 % | View data | |
| 33 |
#33
Latvia
|
56.27 | 2019 | +1.8 % | -0.3 % | View data | |
| 34 |
#34
Iceland
|
44.46 | 2019 | +1.4 % | +7.5 % | View data | |