Latvia - Higher Education Expenditure on R&D Financed by the Higher Education and Private Non-Profit Sectors
Since 2014, Latvia Higher Education Expenditure on R&D Financed by the Higher Education and Private Non-Profit Sectors jumped by 4.7% year on year. With $77.83 Million PPP in 2019, the country was ranked number 57 among other countries in Higher Education Expenditure on R&D Financed by the Higher Education and Private Non-Profit Sectors. Latvia is overtaken by Czech Republic, which was number 56 at $79.38 Million PPP and is followed by Ireland at $77.41 Million PPP. United States lead the ranking with $28,656.74 Million PPP in 2019, that is a growth of 2.1% compared to 2018. Japan, Canada and Turkey respectively ranked number 2, 3 and 4 in this ranking. Lithuania recorded the best 5 years average growth at +81.6% per year, while Malaysia witnessed the worst performance at -39.7% per year.
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| Date | Million US Dollars PPP |
|---|---|
| 2019 | 77.83 |
| 2018 | 91.06 |
| 2017 | 34.90 |
| 2016 | 22.91 |
| 2015 | 66.34 |
How does Latvia rank in Higher Education Expenditure on R&D Financed by the Higher Education and Private Non-Profit Sectors?
| # | 104 Countries | Million US Dollars PPP | Last | YoY | 5‑years CAGR | ||
|---|---|---|---|---|---|---|---|
| 1 |
#1
United States
|
28,656.74 | 2019 | +2.1 % | +6.1 % | View data | |
| 2 |
#2
Japan
|
9,027.62 | 2019 | +1.3 % | -1.0 % | View data | |
| 54 |
#54
Argentina
|
100.24 | 2019 | +1.0 % | -4.9 % | View data | |
| 57 |
#57
Latvia
|
77.83 | 2019 | -14.5 % | +4.7 % | View data | |
| 62 |
#62
Estonia
|
67.74 | 2019 | -3.1 % | +14.0 % | View data | |