Slovakia - Higher Education Expenditure on R&D Financed by Industry
Since 2014, Slovakia Higher Education Expenditure on R&D Financed by Industry decreased by 20.2% year on year. With $3.76 Million PPP in 2019, the country was ranked number 39 comparing other countries in Higher Education Expenditure on R&D Financed by Industry. Slovakia is overtaken by Latvia, which was ranked number 38 at $7.74 Million PPP and is followed by Argentina at $3.33 Million PPP. China ranked the highest with $11,182.38 Million PPP in 2019, that is +2.5% compared to 2018. United States, Germany and Russia respectively ranked number 2, 3 and 4 in this ranking. Italy witnessed the best average annual growth at +34% per year, while Iceland witnessed the worst performance at -32.5% per year.
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| Date | Million US Dollars PPP |
|---|---|
| 2019 | 3.76 |
| 2018 | 2.36 |
| 2017 | 7.61 |
| 2016 | 6.68 |
| 2015 | 13.22 |
How does Slovakia rank in Higher Education Expenditure on R&D Financed by Industry?
| # | 42 Countries | Million US Dollars PPP | Last | YoY | 5‑years CAGR | ||
|---|---|---|---|---|---|---|---|
| 1 |
#1
China
|
11,182.38 | 2019 | +2.5 % | +5.3 % | View data | |
| 2 |
#2
United States
|
4,090.76 | 2019 | +1.1 % | +5.1 % | View data | |
| 38 |
#38
Latvia
|
7.74 | 2019 | +0.3 % | -3.9 % | View data | |
| 39 |
#39
Slovakia
|
3.76 | 2019 | +58.9 % | -20.2 % | View data | |
| 40 |
#40
Argentina
|
3.33 | 2019 | -0.0 % | -1.1 % | View data | |