Luxembourg - Government Budget Allocations for R&D in Culture, Recreation, Religion and Mass Media
Since 2014, Luxembourg Government Budget Allocations for R&D in Culture, Recreation, Religion and Mass Media grew 5.6% year on year. In 2019, the country was ranked number 22 among other countries in Government Budget Allocations for R&D in Culture, Recreation, Religion and Mass Media at $471.35 Million PPP. Luxembourg is overtaken by Germany, which was ranked number 21 at $478.24 Million PPP and is followed by Portugal at $352.87 Million PPP. South Korea lead the ranking with $23,546.01 Million PPP in 2019, +3.8% compared to 2018. Russia, United Kingdom and Canada respectively ranked number 2, 3 and 4 in this ranking. Australia recorded the best 5 years average growth at +187.9% per year, while Japan was the worst growing country at -77.6% per year.
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| Date | Million US Dollars PPP |
|---|---|
| 2019 | 471.35 |
| 2018 | 445.14 |
| 2017 | 434.65 |
| 2016 | 394.41 |
| 2015 | 380.03 |
How does Luxembourg rank in Government Budget Allocations for R&D in Culture, Recreation, Religion and Mass Media?
| # | 37 Countries | Million US Dollars PPP | Last | YoY | 5‑years CAGR | ||
|---|---|---|---|---|---|---|---|
| 1 |
#1
South Korea
|
23,546.01 | 2019 | +3.8 % | +2.9 % | View data | |
| 2 |
#2
Russia
|
17,043.40 | 2019 | +0.4 % | -3.9 % | View data | |
| 21 |
#21
Germany
|
478.24 | 2019 | -0.5 % | +5.0 % | View data | |
| 22 |
#22
Luxembourg
|
471.35 | 2019 | +5.9 % | +5.6 % | View data | |
| 23 |
#23
Portugal
|
352.87 | 2019 | +1,547.6 % | +79.5 % | View data | |