New Zealand - Government Budget Allocations for R&D in Education
Since 2014, New Zealand Government Budget Allocations for R&D in Education increased 4.8% year on year. With $1,116.56 Million PPP in 2019, the country was number 17 comparing other countries in Government Budget Allocations for R&D in Education. New Zealand is overtaken by Greece, which was number 16 with $1,570.96 Million PPP and is followed by Ireland at $957.77 Million PPP. United States topped the ranking with $147,945 Million PPP in 2019, that is an increase of 2.4% compared to 2018. Germany, Japan and Russia respectively ranked number 2, 3 and 4 in this ranking. Sweden witnessed the best average annual growth at +267.6% per year, while Finland was the worst growing country at -75% per year.
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| Date | Million US Dollars PPP |
|---|---|
| 2019 | 1,116.56 |
| 2018 | 1,065.26 |
| 2017 | 1,037.69 |
| 2016 | 933.25 |
| 2015 | 873.76 |
How does New Zealand rank in Government Budget Allocations for R&D in Education?
| # | 38 Countries | Million US Dollars PPP | Last | YoY | 5‑years CAGR | ||
|---|---|---|---|---|---|---|---|
| 1 |
#1
United States
|
147,945.00 | 2019 | +2.4 % | +5.6 % | View data | |
| 2 |
#2
Germany
|
45,204.87 | 2019 | +6.3 % | +6.4 % | View data | |
| 16 |
#16
Greece
|
1,570.96 | 2019 | -20.3 % | +4.2 % | View data | |
| 17 |
#17
New Zealand
|
1,116.56 | 2019 | +4.8 % | +4.8 % | View data | |
| 18 |
#18
Ireland
|
957.77 | 2019 | -1.4 % | +112.5 % | View data | |