Spain - Gross Domestic Expenditure on R&D Financed by Government and Higher Education
Since 2013, Spain Gross Domestic Expenditure on R&D Financed by Government and Higher Education was up 1.4% year on year. With $9,455.52 Million PPP in 2018, the country was ranked number 7 comparing other countries in Gross Domestic Expenditure on R&D Financed by Government and Higher Education. Spain is overtaken by Mexico, which was number 6 at $10,165.2 Million PPP and is followed by Turkey at $7,801.6 Million PPP. Japan topped the ranking with $38,604.84 Million PPP in 2018, an increase of 1.4% compared to 2017. Russia, South Korea and United Kingdom respectively ranked number 2, 3 and 4 in this ranking. Slovakia recorded the best 5 years average growth at +5.7% per year, while Slovenia witnessed the worst performance at -1.8% per year.
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| Date | Million US Dollars PPP |
|---|---|
| 2018 | 9,455.52 |
| 2017 | 9,325.31 |
| 2016 | 9,192.43 |
| 2015 | 9,056.84 |
| 2014 | 8,758.15 |
How does Spain rank in Gross Domestic Expenditure on R&D Financed by Government and Higher Education?
| # | 20 Countries | Million US Dollars PPP | Last | YoY | 5‑years CAGR | ||
|---|---|---|---|---|---|---|---|
| 1 |
#1
Japan
|
38,604.84 | 2018 | +1.4 % | +0.5 % | View data | |
| 2 |
#2
Russia
|
31,814.06 | 2018 | +3.3 % | +4.8 % | View data | |
| 6 |
#6
Mexico
|
10,165.20 | 2018 | +4.3 % | +5.6 % | View data | |
| 7 |
#7
Spain
|
9,455.52 | 2018 | +1.4 % | +1.4 % | View data | |
| 8 |
#8
Turkey
|
7,801.60 | 2018 | +3.4 % | +3.9 % | View data | |