South Africa - Gross Domestic Expenditure on R&D Financed by the Higher Education and Private Non-Profit Sectors
Since 2014, South Africa Gross Domestic Expenditure on R&D Financed by the Higher Education and Private Non-Profit Sectors grew 3.5% year on year. In 2019, the country was ranked number 29 comparing other countries in Gross Domestic Expenditure on R&D Financed by the Higher Education and Private Non-Profit Sectors at $197.03 Million PPP. South Africa is overtaken by Indonesia, which was ranked number 28 with $232.82 Million PPP and is followed by Israel with $166.39 Million PPP. United States ranked the highest with $43,853.06 Million PPP in 2019, an increase of 2.4% versus 2018. Japan, Canada and United Kingdom respectively ranked number 2, 3 and 4 in this ranking. Lithuania witnessed the best average annual growth at +60.9% per year, while Costa Rica was the worst growing country at -18.1% per year.
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| Date | Million US Dollars PPP |
|---|---|
| 2019 | 197.03 |
| 2018 | 190.54 |
| 2017 | 183.92 |
| 2016 | 170.09 |
| 2015 | 192.62 |
How does South Africa rank in Gross Domestic Expenditure on R&D Financed by the Higher Education and Private Non-Profit Sectors?
| # | 54 Countries | Million US Dollars PPP | Last | YoY | 5‑years CAGR | ||
|---|---|---|---|---|---|---|---|
| 1 |
#1
United States
|
43,853.06 | 2019 | +2.4 % | +5.6 % | View data | |
| 2 |
#2
Japan
|
10,064.68 | 2019 | +1.9 % | -1.1 % | View data | |
| 28 |
#28
Indonesia
|
232.82 | 2018 | NA | NA | View data | |
| 29 |
#29
South Africa
|
197.03 | 2019 | +3.4 % | +3.5 % | View data | |
| 30 |
#30
Israel
|
166.39 | 2019 | -3.0 % | -1.3 % | View data | |