South Africa - Higher Education Expenditure on R&D Financed by the Business Sector
Since 2014, South Africa Higher Education Expenditure on R&D Financed by the Business Sector was down by 9.9points year on year. At 6.27 Percent in 2019, the country was number 16 comparing other countries in Higher Education Expenditure on R&D Financed by the Business Sector. South Africa is overtaken by Lithuania, which was number 15 at 6.27 Percent and is followed by Italy with 6.12 Percent. Russia ranked the highest with 28.95 Percent in 2019, that is a decrease of 0.4points compared to 2018. China, South Korea and Germany respectively ranked number 2, 3 and 4 in this ranking. Italy witnessed the best average annual growth at +36.8points per year, while Iceland was the worst growing country at -62points per year.
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Date | Percent |
---|---|
2019 | 6.27 |
2018 | 6.75 |
2017 | 7.24 |
2016 | 7.78 |
2015 | 7.80 |
How does South Africa rank in Higher Education Expenditure on R&D Financed by the Business Sector?
# | 44 Countries | Percent | Last | YoY | 5‑years CAGR | ||
---|---|---|---|---|---|---|---|
1 |
#1
Russia
|
28.95 % | 2019 | -0.4 % | +1.2 % | View data | |
2 |
#2
China
|
26.37 % | 2019 | -0.7 % | -4.8 % | View data | |
15 |
#15
Lithuania
|
6.27 % | 2019 | -2.2 % | -14.7 % | View data | |
16 |
#16
South Africa
|
6.27 % | 2019 | -7.1 % | -9.9 % | View data | |
17 |
#17
Italy
|
6.12 % | 2019 | +1.6 % | +36.8 % | View data |