Norway - Business Enterprise Expenditure on R&D Financed by the Higher Education and Private Non-Profit Sectors
Since 2014, Norway Business Enterprise Expenditure on R&D Financed by the Higher Education and Private Non-Profit Sectors was down by 12.2% year on year. At $0.61 Million PPP in 2019, the country was number 36 among other countries in Business Enterprise Expenditure on R&D Financed by the Higher Education and Private Non-Profit Sectors. Norway is overtaken by Chile, which was ranked number 35 at $0.68 Million PPP and is followed by Greece with $0.55 Million PPP. United States lead the ranking with $695 Million PPP in 2019, +4.4% versus 2018. United Kingdom, Canada and Germany respectively ranked number 2, 3 and 4 in this ranking. Mexico recorded the best 5 years average growth at +58.7% per year, while Russia witnessed the worst performance at -23.1% per year.
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| Date | Million US Dollars PPP |
|---|---|
| 2019 | 0.61 |
| 2018 | 0.69 |
| 2017 | 0.01 |
| 2016 | 1.25 |
| 2015 | 1.75 |
How does Norway rank in Business Enterprise Expenditure on R&D Financed by the Higher Education and Private Non-Profit Sectors?
| # | 44 Countries | Million US Dollars PPP | Last | YoY | 5‑years CAGR | ||
|---|---|---|---|---|---|---|---|
| 1 |
#1
United States
|
695.00 | 2019 | +4.3 % | +5.8 % | View data | |
| 2 |
#2
United Kingdom
|
403.54 | 2019 | +12.6 % | +15.7 % | View data | |
| 35 |
#35
Chile
|
0.68 | 2019 | -20.8 % | -10.6 % | View data | |
| 36 |
#36
Norway
|
0.61 | 2019 | -12.3 % | -12.2 % | View data | |
| 37 |
#37
Greece
|
0.55 | 2019 | +0.7 % | +8.9 % | View data | |