Montenegro - Total Gross Domestic Expenditure on Research and Development Funded by Higher Education Sector
Since 2011, Montenegro Total Gross Domestic Expenditure on Research and Development Funded by Higher Education Sector fell by 38.5points year on year. In 2014, the country was ranked number 11 among other countries in Total Gross Domestic Expenditure on Research and Development Funded by Higher Education Sector at 4.16 Percent. Montenegro is overtaken by Japan, which was number 10 at 5.54 Percent and is followed by Spain at 4.15 Percent. Uruguay lead the ranking with 59.16 Percent in 2014, that is an increase of 34.2points compared to 2013. El Salvador, Serbia and Colombia respectively ranked number 2, 3 and 4 in this ranking. El Salvador witnessed the best average annual growth at +138.8points per year, while Mexico recorded the worst performance at -50.1points per year.
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| Date | Percent |
|---|---|
| 2014 | 4.16 |
| 2013 | 3.50 |
| 2012 | |
| 2011 | 17.87 |
How does Montenegro rank in Total Gross Domestic Expenditure on Research and Development Funded by Higher Education Sector?
| # | 35 Countries | Percent | Last | YoY | 5‑years CAGR | ||
|---|---|---|---|---|---|---|---|
| 1 |
#1
Uruguay
|
59.16 % | 2014 | +34.2 % | +19.2 % | View data | |
| 2 |
#2
El Salvador
|
48.58 % | 2014 | +31.2 % | +138.8 % | View data | |
| 10 |
#10
Japan
|
5.54 % | 2014 | -5.5 % | -1.3 % | View data | |
| 11 |
#11
Montenegro
|
4.16 % | 2014 | +19.1 % | -38.5 % | View data | |
| 12 |
#12
Spain
|
4.15 % | 2014 | +1.8 % | +3.8 % | View data | |