Spain - Government Expenditure on R&D Financed by the Higher Education and Private Non-Profit Sectors
Since 2014, Spain Government Expenditure on R&D Financed by the Higher Education and Private Non-Profit Sectors grew 1.8% year on year. In 2019, the country was number 10 comparing other countries in Government Expenditure on R&D Financed by the Higher Education and Private Non-Profit Sectors at $68.7 Million PPP. Spain is overtaken by Netherlands, which was number 9 with $85.37 Million PPP and is followed by Russia with $31.32 Million PPP. Germany ranked the highest with $370.39 Million PPP in 2019, an increase of 1% compared to 2018. France, United States and United Kingdom respectively ranked number 2, 3 and 4 in this ranking. Chile witnessed the best average annual growth at +150.4% per year, while Iceland witnessed the worst performance at -70.5% per year.
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| Date | Million US Dollars PPP |
|---|---|
| 2019 | 68.70 |
| 2018 | 58.31 |
| 2017 | 80.90 |
| 2016 | 84.01 |
| 2015 | 64.70 |
How does Spain rank in Government Expenditure on R&D Financed by the Higher Education and Private Non-Profit Sectors?
| # | 46 Countries | Million US Dollars PPP | Last | YoY | 5‑years CAGR | ||
|---|---|---|---|---|---|---|---|
| 1 |
#1
Germany
|
370.39 | 2019 | +1.0 % | +13.5 % | View data | |
| 2 |
#2
France
|
165.70 | 2019 | +4.2 % | +4.8 % | View data | |
| 9 |
#9
Netherlands
|
85.37 | 2019 | +0.9 % | +0.5 % | View data | |
| 10 |
#10
Spain
|
68.70 | 2019 | +17.8 % | +1.8 % | View data | |
| 11 |
#11
Russia
|
31.32 | 2019 | +8.6 % | +7.5 % | View data | |