Luxembourg - Higher Education Expenditure on R&D Financed by Industry
With $2.44 Million PPP in 2019, the country was ranked number 41 comparing other countries in Higher Education Expenditure on R&D Financed by Industry. Luxembourg is overtaken by Argentina, which was number 40 with $3.33 Million PPP and is followed by Iceland with $0.45 Million PPP. China ranked the highest with $11,182.38 Million PPP in 2019, that is an increase of 2.5% compared to 2018. United States, Germany and Russia respectively ranked number 2, 3 and 4 in this ranking. Italy recorded the best 5 years average growth at +34% per year, while Iceland was the worst growing country at -32.5% per year.
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| Date | Million US Dollars PPP |
|---|---|
| 2019 | 2.44 |
| 2018 | 2.29 |
| 2017 | 2.25 |
| 2016 | 1.88 |
| 2015 | 1.48 |
Download all data from 2005 to 2019
How does Luxembourg rank in Higher Education Expenditure on R&D Financed by Industry?
| # | 42 Countries | Million US Dollars PPP | Last | YoY | 5‑years CAGR | ||
|---|---|---|---|---|---|---|---|
| 1 |
#1
China
|
11,182.38 | 2019 | +2.5 % | +5.3 % | View data | |
| 2 |
#2
United States
|
4,090.76 | 2019 | +1.1 % | +5.1 % | View data | |
| 40 |
#40
Argentina
|
3.33 | 2019 | -0.0 % | -1.1 % | View data | |
| 41 |
#41
Luxembourg
|
2.44 | 2019 | +6.3 % | NA | View data | |
| 42 |
#42
Iceland
|
0.45 | 2019 | -31.8 % | -32.5 % | View data | |