Latvia - Government Budget Allocations for R&D in Education
Since 2014, Latvia Government Budget Allocations for R&D in Education grew 137% year on year. At $105.19 Million PPP in 2019, the country was ranked number 29 among other countries in Government Budget Allocations for R&D in Education. Latvia is overtaken by Spain, which was number 28 with $227.31 Million PPP and is followed by Iceland at $83.99 Million PPP. United States ranked the highest with $147,945 Million PPP in 2019, that is an increase of 2.4% compared to 2018. Germany, Japan and Russia respectively ranked number 2, 3 and 4 in this ranking. Sweden witnessed the best average annual growth at +267.6% per year, while Finland was the worst growing country at -75% per year.
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| Date | Million US Dollars PPP |
|---|---|
| 2019 | 105.19 |
| 2018 | 130.49 |
| 2017 | 3.92 |
| 2016 | 108.55 |
| 2015 | 2.81 |
Download all data from 1995 to 2019
How does Latvia rank in Government Budget Allocations for R&D in Education?
| # | 38 Countries | Million US Dollars PPP | Last | YoY | 5‑years CAGR | ||
|---|---|---|---|---|---|---|---|
| 1 |
#1
United States
|
147,945.00 | 2019 | +2.4 % | +5.6 % | View data | |
| 2 |
#2
Germany
|
45,204.87 | 2019 | +6.3 % | +6.4 % | View data | |
| 28 |
#28
Spain
|
227.31 | 2018 | -3.4 % | +23.2 % | View data | |
| 29 |
#29
Latvia
|
105.19 | 2019 | -19.4 % | +137.0 % | View data | |
| 30 |
#30
Iceland
|
83.99 | 2019 | -0.1 % | NA | View data | |