Spain - Gross Domestic Expenditure on R&D Financed by the Higher Education and Private Non-Profit Sectors
Since 2014, Spain Gross Domestic Expenditure on R&D Financed by the Higher Education and Private Non-Profit Sectors jumped by 5.3% year on year. In 2019, the country was ranked number 8 among other countries in Gross Domestic Expenditure on R&D Financed by the Higher Education and Private Non-Profit Sectors at $1,209.34 Million PPP. Spain is overtaken by Malaysia, which was number 7 with $1,465.06 Million PPP and is followed by Brazil at $1,127.87 Million PPP. United States ranked the highest with $43,853.06 Million PPP in 2019, a growth of 2.4% versus 2018. Japan, Canada and United Kingdom respectively ranked number 2, 3 and 4 in this ranking. Lithuania witnessed the best average annual growth at +60.9% per year, while Costa Rica was the worst growing country at -18.1% per year.
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| Date | Million US Dollars PPP |
|---|---|
| 2019 | 1,209.34 |
| 2018 | 1,178.75 |
| 2017 | 1,139.24 |
| 2016 | 1,082.68 |
| 2015 | 1,027.75 |
How does Spain rank in Gross Domestic Expenditure on R&D Financed by the Higher Education and Private Non-Profit Sectors?
| # | 54 Countries | Million US Dollars PPP | Last | YoY | 5‑years CAGR | ||
|---|---|---|---|---|---|---|---|
| 1 |
#1
United States
|
43,853.06 | 2019 | +2.4 % | +5.6 % | View data | |
| 2 |
#2
Japan
|
10,064.68 | 2019 | +1.9 % | -1.1 % | View data | |
| 7 |
#7
Malaysia
|
1,465.06 | 2019 | +6.9 % | +32.9 % | View data | |
| 8 |
#8
Spain
|
1,209.34 | 2019 | +2.6 % | +5.3 % | View data | |
| 9 |
#9
Brazil
|
1,127.87 | 2019 | +3.9 % | +5.0 % | View data | |