Romania - Higher Education Expenditure on R&D Financed by the Business Sector
Since 2014, Romania Higher Education Expenditure on R&D Financed by the Business Sector was down by 3.6points year on year. At 5.77 Percent in 2019, the country was ranked number 18 comparing other countries in Higher Education Expenditure on R&D Financed by the Business Sector. Romania is overtaken by Italy, which was ranked number 17 with 6.12 Percent and is followed by United States at 5.38 Percent. Russia lead the ranking with 28.95 Percent in 2019, that is -0.4points compared to 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 was the worst growing country at -62points per year.
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| Date | Percent |
|---|---|
| 2019 | 5.77 |
| 2018 | 5.72 |
| 2017 | 6.61 |
| 2016 | 6.23 |
| 2015 | 5.06 |
How does Romania 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 | |
| 17 |
#17
Italy
|
6.12 % | 2019 | +1.6 % | +36.8 % | View data | |
| 18 |
#18
Romania
|
5.77 % | 2019 | +1.0 % | -3.6 % | View data | |
| 19 |
#19
United States
|
5.38 % | 2019 | -0.6 % | +1.0 % | View data | |