South Africa - Higher Education Expenditure on R&D Financed by Government
Since 2014, South Africa Higher Education Expenditure on R&D Financed by Government increased 8.3% year on year. In 2019, the country was number 28 among other countries in Higher Education Expenditure on R&D Financed by Government at $1,609.76 Million PPP. South Africa is overtaken by Portugal, which was number 27 at $1,638.32 Million PPP and is followed by Finland at $1,528.7 Million PPP. United States ranked the highest with $41,729.49 Million PPP in 2019, +0.9% versus 2018. China, Germany and France respectively ranked number 2, 3 and 4 in this ranking. Malaysia witnessed the best average annual growth at +29.3% per year, while Kazakhstan was the worst growing country at -14.5% per year.
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| Date | Million US Dollars PPP |
|---|---|
| 2019 | 1,609.76 |
| 2018 | 1,550.47 |
| 2017 | 1,489.97 |
| 2016 | 1,496.80 |
| 2015 | 1,269.01 |
How does South Africa rank in Higher Education Expenditure on R&D Financed by Government?
| # | 55 Countries | Million US Dollars PPP | Last | YoY | 5‑years CAGR | ||
|---|---|---|---|---|---|---|---|
| 1 |
#1
United States
|
41,729.49 | 2019 | +0.9 % | +2.5 % | View data | |
| 2 |
#2
China
|
23,196.24 | 2019 | +0.3 % | +10.2 % | View data | |
| 27 |
#27
Portugal
|
1,638.32 | 2019 | +2.8 % | +2.7 % | View data | |
| 28 |
#28
South Africa
|
1,609.76 | 2019 | +3.8 % | +8.3 % | View data | |
| 29 |
#29
Finland
|
1,528.70 | 2019 | +1.7 % | +2.8 % | View data | |