Portugal - Business Enterprise Expenditure on R&D Financed by the Higher Education and Private Non-Profit Sectors
Since 2014, Portugal Business Enterprise Expenditure on R&D Financed by the Higher Education and Private Non-Profit Sectors grew 18.4% year on year. In 2019, the country was ranked number 34 among other countries in Business Enterprise Expenditure on R&D Financed by the Higher Education and Private Non-Profit Sectors with $0.68 Million PPP. Portugal is overtaken by Finland, which was ranked number 33 at $0.98 Million PPP and is followed by Chile at $0.68 Million PPP. United States topped the ranking with $695 Million PPP in 2019, that is an increase of 4.4% compared to 2018. United Kingdom, Canada and Germany respectively ranked number 2, 3 and 4 in this ranking. Mexico witnessed the best average annual growth at +58.7% per year, while Russia was the worst growing country at -23.1% per year.
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| Date | Million US Dollars PPP |
|---|---|
| 2019 | 0.68 |
| 2018 | 0.61 |
| 2017 | 0.70 |
| 2016 | 0.64 |
| 2015 | 0.43 |
How does Portugal 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 | |
| 33 |
#33
Finland
|
0.98 | 2019 | -6.2 % | -19.9 % | View data | |
| 34 |
#34
Portugal
|
0.68 | 2019 | +12.1 % | +18.4 % | View data | |
| 35 |
#35
Chile
|
0.68 | 2019 | -20.8 % | -10.6 % | View data | |