Luxembourg - Higher Education Expenditure on R&D Financed by the Business Sector
At 1.3 Percent in 2019, the country was ranked number 39 among other countries in Higher Education Expenditure on R&D Financed by the Business Sector. Luxembourg is overtaken by Portugal, which was ranked number 38 at 2.07 Percent and is followed by Turkey with 0.98 Percent. Russia ranked the highest with 28.95 Percent in 2019, that is a fall of 0.4points compared to 2018. China, South Korea and Germany respectively ranked number 2, 3 and 4 in this ranking. Italy witnessed the best average annual growth at +36.8points per year, while Iceland recorded the worst performance at -62points per year.
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| Date | Percent |
|---|---|
| 2019 | 1.30 |
| 2018 | 1.28 |
| 2017 | 1.29 |
| 2016 | 1.18 |
| 2015 | 1.06 |
Download all data from 2005 to 2019
How does Luxembourg rank in Higher Education Expenditure on R&D Financed by the Business Sector?
| # | 44 Countries | Percent | Last | YoY | 5‑years CAGR | ||
|---|---|---|---|---|---|---|---|
| 1 |
#1
Russia
|
28.95 % | 2019 | -0.4 % | +1.2 % | View data | |
| 2 |
#2
China
|
26.37 % | 2019 | -0.7 % | -4.8 % | View data | |
| 38 |
#38
Portugal
|
2.07 % | 2019 | +1.6 % | +4.8 % | View data | |
| 39 |
#39
Luxembourg
|
1.30 % | 2019 | +2.0 % | NA | View data | |
| 40 |
#40
Turkey
|
0.98 % | 2019 | -49.6 % | -1.4 % | View data | |