Spain - Government Expenditure on R&D Financed by Higher Education
Since 2013, Spain Government Expenditure on R&D Financed by Higher Education increased 9.5% year on year. With $12.84 Million PPP in 2018, the country was number 7 among other countries in Government Expenditure on R&D Financed by Higher Education. Spain is overtaken by Luxembourg, which was ranked number 6 at $15.16 Million PPP and is followed by Czech Republic with $1.94 Million PPP. Japan lead the ranking with $52.01 Million PPP in 2018, an increase of 4.4% versus 2017. United Kingdom, Netherlands and Russia respectively ranked number 2, 3 and 4 in this ranking. Russia recorded the best 5 years average growth at +15.6% per year, while Turkey was the worst growing country at -28.9% per year.
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| Date | Million US Dollars PPP |
|---|---|
| 2018 | 12.84 |
| 2017 | 12.53 |
| 2016 | 12.21 |
| 2015 | 11.89 |
| 2014 | 12.65 |
How does Spain rank in Government Expenditure on R&D Financed by Higher Education?
| # | 13 Countries | Million US Dollars PPP | Last | YoY | 5‑years CAGR | ||
|---|---|---|---|---|---|---|---|
| 1 |
#1
Japan
|
52.01 | 2018 | +4.4 % | +5.4 % | View data | |
| 2 |
#2
United Kingdom
|
22.37 | 2018 | +0.4 % | +2.0 % | View data | |
| 6 |
#6
Luxembourg
|
15.16 | 2018 | +6.2 % | +5.4 % | View data | |
| 7 |
#7
Spain
|
12.84 | 2018 | +2.5 % | +9.5 % | View data | |
| 8 |
#8
Czech Republic
|
1.94 | 2014 | +67.2 % | -27.9 % | View data | |