Luxembourg - Government Expenditure on R&D Financed by the Higher Education and Private Non-Profit Sectors
With $14.32 Million PPP in 2019, the country was ranked number 16 comparing other countries in Government Expenditure on R&D Financed by the Higher Education and Private Non-Profit Sectors. Luxembourg is overtaken by South Africa, which was number 15 with $15.89 Million PPP and is followed by Taiwan at $13.71 Million PPP. Germany lead the ranking with $370.39 Million PPP in 2019, that is an increase of 1% versus 2018. France, United States and United Kingdom respectively ranked number 2, 3 and 4 in this ranking. Chile recorded the best 5 years average growth at +150.4% per year, while Iceland witnessed the worst performance at -70.5% per year.
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| Date | Million US Dollars PPP |
|---|---|
| 2019 | 14.32 |
| 2018 | 13.80 |
| 2017 | 13.14 |
| 2016 | 11.85 |
| 2015 | 13.51 |
Download all data from 2003 to 2019
How does Luxembourg rank in Government Expenditure on R&D Financed by the Higher Education and Private Non-Profit Sectors?
| # | 46 Countries | Million US Dollars PPP | Last | YoY | 5‑years CAGR | ||
|---|---|---|---|---|---|---|---|
| 1 |
#1
Germany
|
370.39 | 2019 | +1.0 % | +13.5 % | View data | |
| 2 |
#2
France
|
165.70 | 2019 | +4.2 % | +4.8 % | View data | |
| 15 |
#15
South Africa
|
15.89 | 2019 | +4.8 % | +22.1 % | View data | |
| 16 |
#16
Luxembourg
|
14.32 | 2019 | +3.8 % | NA | View data | |
| 17 |
#17
Taiwan
|
13.71 | 2019 | +5.3 % | +8.0 % | View data | |