Luxembourg - Government Expenditures on R&D Education
Since 2012, Luxembourg Government Expenditures on R&D Education decreased by 33.2% year on year. In 2017, the country was ranked number 22 among other countries in Government Expenditures on R&D Education with $19.08 Million PPP. Luxembourg is overtaken by Slovakia, which was number 21 with $26.26 Million PPP and is followed by Sweden at $15.14 Million PPP. Japan ranked the highest with $9,247.4 Million PPP in 2019, that is an increase of 0.4% versus 2018. Czech Republic, United Kingdom and Poland respectively ranked number 2, 3 and 4 in this ranking. United Kingdom witnessed the best average annual growth at +147.5% per year, while Luxembourg was the worst growing country at -33.2% per year.
Loading...
| Date | Million US Dollars PPP |
|---|---|
| 2017 | 19.08 |
| 2016 | 15.63 |
| 2015 | 13.25 |
| 2014 | 13.72 |
| 2013 | 105.90 |
How does Luxembourg rank in Government Expenditures on R&D Education?
| # | 28 Countries | Million US Dollars PPP | Last | YoY | 5‑years CAGR | ||
|---|---|---|---|---|---|---|---|
| 1 |
#1
Japan
|
9,247.40 | 2019 | +0.3 % | -0.5 % | View data | |
| 2 |
#2
Czech Republic
|
3,223.22 | 2019 | +2.5 % | +3.3 % | View data | |
| 21 |
#21
Slovakia
|
26.26 | 2019 | +3.1 % | +8.4 % | View data | |
| 22 |
#22
Luxembourg
|
19.08 | 2017 | +22.1 % | -33.2 % | View data | |
| 23 |
#23
Sweden
|
15.14 | 2019 | -6.5 % | -2.1 % | View data | |