Luxembourg - Public Sector Expenditure On R&D Financed by Higher Education
Since 2013, Luxembourg Public Sector Expenditure On R&D Financed by Higher Education rose 3.8% year on year. In 2018, the country was ranked number 14 comparing other countries in Public Sector Expenditure On R&D Financed by Higher Education with $14.02 Million PPP. Luxembourg is overtaken by Ireland, which was ranked number 13 at $15.6 Million PPP and is followed by Slovenia at $8.68 Million PPP. Japan lead the ranking with $9,834.33 Million PPP in 2018, an increase of 1.4% versus 2017. Turkey, Canada and Spain respectively ranked number 2, 3 and 4 in this ranking. Estonia witnessed the best average annual growth at +24.4% per year, while Chile recorded the worst performance at -3.8% per year.
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| Date | Million US Dollars PPP |
|---|---|
| 2018 | 14.02 |
| 2017 | 13.38 |
| 2016 | 12.73 |
| 2015 | 12.07 |
| 2014 | 11.87 |
How does Luxembourg rank in Public Sector Expenditure On R&D Financed by Higher Education?
| # | 16 Countries | Million US Dollars PPP | Last | YoY | 5‑years CAGR | ||
|---|---|---|---|---|---|---|---|
| 1 |
#1
Japan
|
9,834.33 | 2018 | +1.4 % | +0.7 % | View data | |
| 2 |
#2
Turkey
|
3,242.28 | 2018 | +3.3 % | +3.0 % | View data | |
| 13 |
#13
Ireland
|
15.60 | 2018 | -3.9 % | -2.4 % | View data | |
| 14 |
#14
Luxembourg
|
14.02 | 2018 | +4.8 % | +3.8 % | View data | |
| 15 |
#15
Slovenia
|
8.68 | 2018 | +4.5 % | +10.0 % | View data | |