Latvia - Higher Education Expenditure on R&D Financed by Industry
Since 2014, Latvia Higher Education Expenditure on R&D Financed by Industry was down by 3.9% year on year. At $7.74 Million PPP in 2019, the country was ranked number 38 among other countries in Higher Education Expenditure on R&D Financed by Industry. Latvia is overtaken by Mexico, which was number 37 at $10.04 Million PPP and is followed by Slovakia at $3.76 Million PPP. China lead the ranking with $11,182.38 Million PPP in 2019, a growth of 2.5% versus 2018. United States, Germany and Russia respectively ranked number 2, 3 and 4 in this ranking. Italy recorded the best 5 years average growth at +34% per year, while Iceland was the worst growing country at -32.5% per year.
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| Date | Million US Dollars PPP |
|---|---|
| 2019 | 7.74 |
| 2018 | 7.72 |
| 2017 | 7.85 |
| 2016 | 5.57 |
| 2015 | 11.86 |
Download all data from 1995 to 2019
How does Latvia rank in Higher Education Expenditure on R&D Financed by Industry?
| # | 42 Countries | Million US Dollars PPP | Last | YoY | 5‑years CAGR | ||
|---|---|---|---|---|---|---|---|
| 1 |
#1
China
|
11,182.38 | 2019 | +2.5 % | +5.3 % | View data | |
| 2 |
#2
United States
|
4,090.76 | 2019 | +1.1 % | +5.1 % | View data | |
| 37 |
#37
Mexico
|
10.04 | 2019 | -29.1 % | -1.7 % | View data | |
| 38 |
#38
Latvia
|
7.74 | 2019 | +0.3 % | -3.9 % | View data | |
| 39 |
#39
Slovakia
|
3.76 | 2019 | +58.9 % | -20.2 % | View data | |