South Africa - Business Enterprise Expenditure on R&D Financed by the Higher Education and Private Non-Profit Sectors
Since 2014, South Africa Business Enterprise Expenditure on R&D Financed by the Higher Education and Private Non-Profit Sectors grew 2.5% year on year. In 2019, the country was number 6 comparing other countries in Business Enterprise Expenditure on R&D Financed by the Higher Education and Private Non-Profit Sectors at $75.49 Million PPP. South Africa is overtaken by Japan, which was number 5 at $98.67 Million PPP and is followed by Israel at $73.78 Million PPP. United States lead the ranking with $695 Million PPP in 2019, 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 witnessed the worst performance at -23.1% per year.
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| Date | Million US Dollars PPP |
|---|---|
| 2019 | 75.49 |
| 2018 | 72.58 |
| 2017 | 69.61 |
| 2016 | 65.33 |
| 2015 | 64.34 |
How does South Africa 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 | |
| 5 |
#5
Japan
|
98.67 | 2019 | +10.7 % | -15.0 % | View data | |
| 6 |
#6
South Africa
|
75.49 | 2019 | +4.0 % | +2.5 % | View data | |
| 7 |
#7
Israel
|
73.78 | 2019 | +3.3 % | +4.5 % | View data | |