Russia - Business Enterprise Expenditure on R&D Financed by the Higher Education and Private Non-Profit Sectors

Since 2014, Russia Business Enterprise Expenditure on R&D Financed by the Higher Education and Private Non-Profit Sectors decreased by 23.1% year on year. In 2019, the country was number 19 among other countries in Business Enterprise Expenditure on R&D Financed by the Higher Education and Private Non-Profit Sectors with $10.25 Million PPP. Russia is overtaken by Austria, which was ranked number 18 with $12.77 Million PPP and is followed by Iceland at $8.71 Million PPP. United States ranked the highest with $695 Million PPP in 2019, that is +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 10.25
2018 11.20
2017 11.97
2016 12.52
2015 41.74
Download all data from 1994 to 2019

How does Russia 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
18 #18
Austria
12.77 2019 +5.6 % NA View data
19 #19
Russia
10.25 2019 -8.5 % -23.1 % View data
20 #20
Iceland
8.71 2019 +11.1 % +6.4 % View data
Compare all 44 countries

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