Lithuania - Share of Higher Education Expenditure on R&D Financed by the Business Sector
Since 2014, Lithuania Share of Higher Education Expenditure on R&D Financed by the Business Sector was down by 11.8points year on year. With 7.43 Percent in 2019, the country was ranked number 17 among other countries in Share of Higher Education Expenditure on R&D Financed by the Business Sector. Lithuania is overtaken by Canada, which was ranked number 16 with 7.84 Percent and is followed by Singapore at 6.53 Percent. Russia topped the ranking with 28.95 Percent in 2019, that is -0.4points versus 2018. China, Bulgaria and Ukraine respectively ranked number 2, 3 and 4 in this ranking. Italy recorded the best 5 years average growth at +32.9points per year, while Iceland recorded the worst performance at -62points per year.
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| Date | Percent |
|---|---|
| 2019 | 7.43 |
| 2018 | 7.91 |
| 2017 | 6.79 |
| 2016 | 12.23 |
| 2015 | 11.56 |
How does Lithuania rank in Share of Higher Education Expenditure on R&D Financed by the Business Sector?
| # | 52 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 | |
| 16 |
#16
Canada
|
7.84 % | 2019 | -0.0 % | +0.3 % | View data | |
| 17 |
#17
Lithuania
|
7.43 % | 2019 | -6.1 % | -11.8 % | View data | |
| 18 |
#18
Singapore
|
6.53 % | 2019 | +3.0 % | -2.3 % | View data | |