New Zealand - Higher Education Expenditure on R&D Financed by the Business Sector
At 4.14 Percent in 2019, the country was number 27 comparing other countries in Higher Education Expenditure on R&D Financed by the Business Sector. New Zealand is overtaken by United Kingdom, which was number 26 at 4.39 Percent and is followed by Latvia at 4.03 Percent. Russia topped the ranking with 28.95 Percent in 2019, that is a decrease of 0.4points versus 2018. China, South Korea and Germany respectively ranked number 2, 3 and 4 in this ranking. Italy recorded the best 5 years average growth at +36.8points per year, while Iceland witnessed the worst performance at -62points per year.
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| Date | Percent |
|---|---|
| 2019 | 4.14 |
| 2018 | 4.19 |
| 2017 | 4.48 |
| 2016 | |
| 2015 | 3.53 |
Download all data from 1989 to 2019
How does New Zealand 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 | |
| 26 |
#26
United Kingdom
|
4.39 % | 2019 | -1.2 % | +0.6 % | View data | |
| 27 |
#27
New Zealand
|
4.14 % | 2019 | -1.3 % | NA | View data | |
| 28 |
#28
Latvia
|
4.03 % | 2019 | -4.0 % | -10.7 % | View data | |