South Africa - Government Expenditure on R&D Financed by the Higher Education and Private Non-Profit Sectors
Since 2014, South Africa Government Expenditure on R&D Financed by the Higher Education and Private Non-Profit Sectors was up 22.1% year on year. At $15.89 Million PPP in 2019, the country was ranked number 15 among other countries in Government Expenditure on R&D Financed by the Higher Education and Private Non-Profit Sectors. South Africa is overtaken by Sweden, which was ranked number 14 with $18.89 Million PPP and is followed by Luxembourg with $14.32 Million PPP. Germany ranked the highest with $370.39 Million PPP in 2019, a growth of 1% versus 2018. France, United States and United Kingdom respectively ranked number 2, 3 and 4 in this ranking. Chile witnessed the best average annual growth at +150.4% per year, while Iceland was the worst growing country at -70.5% per year.
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| Date | Million US Dollars PPP |
|---|---|
| 2019 | 15.89 |
| 2018 | 15.15 |
| 2017 | 14.40 |
| 2016 | 15.10 |
| 2015 | 11.82 |
How does South Africa rank in Government Expenditure on R&D Financed by the Higher Education and Private Non-Profit Sectors?
| # | 46 Countries | Million US Dollars PPP | Last | YoY | 5‑years CAGR | ||
|---|---|---|---|---|---|---|---|
| 1 |
#1
Germany
|
370.39 | 2019 | +1.0 % | +13.5 % | View data | |
| 2 |
#2
France
|
165.70 | 2019 | +4.2 % | +4.8 % | View data | |
| 14 |
#14
Sweden
|
18.89 | 2019 | +2.4 % | NA | View data | |
| 15 |
#15
South Africa
|
15.89 | 2019 | +4.8 % | +22.1 % | View data | |
| 16 |
#16
Luxembourg
|
14.32 | 2019 | +3.8 % | NA | View data | |