Spain - Business Enterprise Expenditure on R&D Financed by the Higher Education and Private Non-Profit Sectors
Since 2014, Spain Business Enterprise Expenditure on R&D Financed by the Higher Education and Private Non-Profit Sectors jumped by 7.1% year on year. In 2019, the country was ranked number 16 comparing other countries in Business Enterprise Expenditure on R&D Financed by the Higher Education and Private Non-Profit Sectors at $25.69 Million PPP. Spain is overtaken by Sweden, which was number 15 with $25.93 Million PPP and is followed by Mexico with $20.01 Million PPP. United States lead the ranking with $695 Million PPP in 2019, an increase of 4.4% compared to 2018. United Kingdom, Canada and Germany respectively ranked number 2, 3 and 4 in this ranking. Mexico witnessed the best average annual growth at +58.7% per year, while Russia recorded the worst performance at -23.1% per year.
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| Date | Million US Dollars PPP |
|---|---|
| 2019 | 25.69 |
| 2018 | 23.64 |
| 2017 | 27.59 |
| 2016 | 26.11 |
| 2015 | 88.78 |
How does Spain rank in Business Enterprise Expenditure on R&D Financed by the Higher Education and Private Non-Profit Sectors?
| # | 44 Countries | Million US Dollars PPP | Last | YoY | 5‑years CAGR | ||
|---|---|---|---|---|---|---|---|
| 1 |
#1
United States
|
695.00 | 2019 | +4.3 % | +5.8 % | View data | |
| 2 |
#2
United Kingdom
|
403.54 | 2019 | +12.6 % | +15.7 % | View data | |
| 15 |
#15
Sweden
|
25.93 | 2019 | +0.5 % | NA | View data | |
| 16 |
#16
Spain
|
25.69 | 2019 | +8.7 % | +7.1 % | View data | |
| 17 |
#17
Mexico
|
20.01 | 2019 | +5.6 % | +58.7 % | View data | |