Luxembourg - Gross Domestic Expenditure on R&D Financed by Higher Education
In 2019, the country was ranked number 33 comparing other countries in Gross Domestic Expenditure on R&D Financed by Higher Education with $13.52 Million PPP. Luxembourg is overtaken by Iceland, which was ranked number 32 at $14.65 Million PPP and is followed by Latvia at $7.48 Million PPP. United States ranked the highest with $21,605.11 Million PPP in 2019, +2.3% versus 2018. Japan, Canada and Turkey respectively ranked number 2, 3 and 4 in this ranking. Lithuania recorded the best 5 years average growth at +83.3% per year, while Israel witnessed the worst performance at -10% per year.
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| Date | Million US Dollars PPP |
|---|---|
| 2019 | 13.52 |
| 2018 | 12.86 |
| 2017 | 11.72 |
| 2016 | |
| 2015 | 12.37 |
Download all data from 2003 to 2019
How does Luxembourg rank in Gross Domestic Expenditure on R&D Financed by Higher Education?
| # | 37 Countries | Million US Dollars PPP | Last | YoY | 5‑years CAGR | ||
|---|---|---|---|---|---|---|---|
| 1 |
#1
United States
|
21,605.11 | 2019 | +2.3 % | +5.9 % | View data | |
| 2 |
#2
Japan
|
8,846.07 | 2019 | +1.2 % | -1.2 % | View data | |
| 32 |
#32
Iceland
|
14.65 | 2019 | +6.4 % | +0.8 % | View data | |
| 33 |
#33
Luxembourg
|
13.52 | 2019 | +5.2 % | NA | View data | |
| 34 |
#34
Latvia
|
7.48 | 2019 | +3.0 % | -0.4 % | View data | |