Lithuania - Business Enterprise Expenditure on R&D Financed by the Higher Education and Private Non-Profit Sectors
Since 2014, Lithuania Business Enterprise Expenditure on R&D Financed by the Higher Education and Private Non-Profit Sectors decreased by 19.1% year on year. At $0.35 Million PPP in 2019, the country was number 39 comparing other countries in Business Enterprise Expenditure on R&D Financed by the Higher Education and Private Non-Profit Sectors. Lithuania is overtaken by Argentina, which was number 38 with $0.53 Million PPP and is followed by Estonia with $0.28 Million PPP. United States lead the ranking with $695 Million PPP in 2019, a growth of 4.4% compared to 2018. United Kingdom, Canada and Germany respectively ranked number 2, 3 and 4 in this ranking. Mexico witnessed the best average annual growth at +58.7% per year, while Russia witnessed the worst performance at -23.1% per year.
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| Date | Million US Dollars PPP |
|---|---|
| 2019 | 0.35 |
| 2018 | 0.41 |
| 2017 | 0.37 |
| 2016 | 0.23 |
| 2015 | 1.13 |
How does Lithuania 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 | |
| 38 |
#38
Argentina
|
0.53 | 2017 | +63.7 % | NA | View data | |
| 39 |
#39
Lithuania
|
0.35 | 2019 | -14.5 % | -19.1 % | View data | |
| 40 |
#40
Estonia
|
0.28 | 2019 | -20.7 % | +16.2 % | View data | |