Lithuania - Higher Education Expenditure on R&D Financed by the Business Sector
Since 2014, Lithuania Higher Education Expenditure on R&D Financed by the Business Sector decreased by 14.7points year on year. In 2019, the country was ranked number 15 comparing other countries in Higher Education Expenditure on R&D Financed by the Business Sector with 6.27 Percent. Lithuania is overtaken by Estonia, which was number 14 with 6.8 Percent and is followed by South Africa with 6.27 Percent. Russia lead the ranking with 28.95 Percent in 2019, that is -0.4points versus 2018. China, South Korea and Germany respectively ranked number 2, 3 and 4 in this ranking. Italy recorded the best 5 years average growth at +36.8points per year, while Iceland recorded the worst performance at -62points per year.
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| Date | Percent |
|---|---|
| 2019 | 6.27 |
| 2018 | 6.41 |
| 2017 | 6.79 |
| 2016 | 12.23 |
| 2015 | 11.56 |
How does Lithuania rank in Higher Education Expenditure on R&D Financed by the Business Sector?
| # | 44 Countries | Percent | Last | YoY | 5‑years CAGR | ||
|---|---|---|---|---|---|---|---|
| 1 |
#1
Russia
|
28.95 % | 2019 | -0.4 % | +1.2 % | View data | |
| 2 |
#2
China
|
26.37 % | 2019 | -0.7 % | -4.8 % | View data | |
| 14 |
#14
Estonia
|
6.80 % | 2019 | -1.1 % | +9.2 % | View data | |
| 15 |
#15
Lithuania
|
6.27 % | 2019 | -2.2 % | -14.7 % | View data | |
| 16 |
#16
South Africa
|
6.27 % | 2019 | -7.1 % | -9.9 % | View data | |