Spain - Gross Domestic Expenditure on R&D Financed by Higher Education
Since 2014, Spain Gross Domestic Expenditure on R&D Financed by Higher Education jumped by 4.6% year on year. With $1,003.51 Million PPP in 2019, the country was ranked number 6 comparing other countries in Gross Domestic Expenditure on R&D Financed by Higher Education. Spain is overtaken by France, which was ranked number 5 at $2,017.84 Million PPP and is followed by South Korea with $569.38 Million PPP. United States topped the ranking with $21,605.11 Million PPP in 2019, a growth of 2.3% compared to 2018. Japan, Canada and Turkey respectively ranked number 2, 3 and 4 in this ranking. Lithuania witnessed the best average annual growth at +83.3% per year, while Israel recorded the worst performance at -10% per year.
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| Date | Million US Dollars PPP |
|---|---|
| 2019 | 1,003.51 |
| 2018 | 976.61 |
| 2017 | 964.06 |
| 2016 | 899.06 |
| 2015 | 854.70 |
How does Spain rank in Gross Domestic Expenditure on R&D Financed by Higher Education?
| # | 37 Countries | Million US Dollars PPP | Last | YoY | 5‑years CAGR | ||
|---|---|---|---|---|---|---|---|
| 1 |
#1
United States
|
21,605.11 | 2019 | +2.3 % | +5.9 % | View data | |
| 2 |
#2
Japan
|
8,846.07 | 2019 | +1.2 % | -1.2 % | View data | |
| 5 |
#5
France
|
2,017.84 | 2019 | +5.3 % | +5.3 % | View data | |
| 6 |
#6
Spain
|
1,003.51 | 2019 | +2.8 % | +4.5 % | View data | |
| 7 |
#7
South Korea
|
569.38 | 2019 | +0.5 % | +3.5 % | View data | |