South Africa - Share of Higher Education Expenditure on R&D Financed by the Business Sector
Since 2014, South Africa Share of Higher Education Expenditure on R&D Financed by the Business Sector fell by 9.9points year on year. In 2019, the country was ranked number 20 comparing other countries in Share of Higher Education Expenditure on R&D Financed by the Business Sector with 6.27 Percent. South Africa is overtaken by Estonia, which was number 19 with 6.29 Percent and is followed by Romania with 6.21 Percent. Russia lead the ranking with 28.95 Percent in 2019, a decrease of 0.4points compared to 2018. China, Bulgaria and Ukraine respectively ranked number 2, 3 and 4 in this ranking. Italy witnessed the best average annual growth at +32.9points per year, while Iceland witnessed the worst performance 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 Share of Higher Education Expenditure on R&D Financed by the Business Sector?
| # | 52 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 | |
| 19 |
#19
Estonia
|
6.29 % | 2019 | +1.2 % | +7.5 % | View data | |
| 20 |
#20
South Africa
|
6.27 % | 2019 | -7.1 % | -9.9 % | View data | |
| 21 |
#21
Romania
|
6.21 % | 2019 | -1.2 % | -2.2 % | View data | |