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 |
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 |