Luxembourg - Government Budget Allocations for R&D in Education
Since 2014, Luxembourg Government Budget Allocations for R&D in Education grew 125.7% year on year. In 2019, the country was ranked number 24 comparing other countries in Government Budget Allocations for R&D in Education with $364.49 Million PPP. Luxembourg is overtaken by Portugal, which was number 23 at $382 Million PPP and is followed by Estonia with $312.23 Million PPP. United States lead the ranking with $147,945 Million PPP in 2019, an increase of 2.4% versus 2018. Germany, Japan and Russia respectively ranked number 2, 3 and 4 in this ranking. Sweden witnessed the best average annual growth at +267.6% per year, while Finland recorded the worst performance at -75% per year.
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| Date | Million US Dollars PPP |
|---|---|
| 2019 | 364.49 |
| 2018 | 445.14 |
| 2017 | 8.54 |
| 2016 | 394.41 |
| 2015 | 6.14 |
Download all data from 2000 to 2019
How does Luxembourg rank in Government Budget Allocations for R&D in Education?
| # | 38 Countries | Million US Dollars PPP | Last | YoY | 5‑years CAGR | ||
|---|---|---|---|---|---|---|---|
| 1 |
#1
United States
|
147,945.00 | 2019 | +2.4 % | +5.6 % | View data | |
| 2 |
#2
Germany
|
45,204.87 | 2019 | +6.3 % | +6.4 % | View data | |
| 23 |
#23
Portugal
|
382.00 | 2019 | +838.4 % | +59.5 % | View data | |
| 24 |
#24
Luxembourg
|
364.49 | 2019 | -18.1 % | +125.7 % | View data | |
| 25 |
#25
Estonia
|
312.23 | 2019 | -7.3 % | +3.0 % | View data | |