Spain - Higher Education Expenditure on R&D Financed by the Business Sector
Since 2014, Spain Higher Education Expenditure on R&D Financed by the Business Sector was down by 2.6points year on year. With 5.21 Percent in 2019, the country was number 21 among other countries in Higher Education Expenditure on R&D Financed by the Business Sector. Spain is overtaken by Hungary, which was ranked number 20 with 5.24 Percent and is followed by Austria with 5.2 Percent. Russia ranked the highest with 28.95 Percent in 2019, that is a fall of 0.4points compared to 2018. China, South Korea and Germany respectively ranked number 2, 3 and 4 in this ranking. Italy recorded the best 5 years average growth at +36.8points per year, while Iceland was the worst growing country at -62points per year.
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| Date | Percent |
|---|---|
| 2019 | 5.21 |
| 2018 | 5.50 |
| 2017 | 5.20 |
| 2016 | 5.15 |
| 2015 | 5.70 |
How does Spain rank in Higher Education Expenditure on R&D Financed by the Business Sector?
| # | 44 Countries | Percent | Last | YoY | 5‑years CAGR | ||
|---|---|---|---|---|---|---|---|
| 1 |
#1
Russia
|
28.95 % | 2019 | -0.4 % | +1.2 % | View data | |
| 2 |
#2
China
|
26.37 % | 2019 | -0.7 % | -4.8 % | View data | |
| 20 |
#20
Hungary
|
5.24 % | 2019 | -2.8 % | -10.4 % | View data | |
| 21 |
#21
Spain
|
5.21 % | 2019 | -5.3 % | -2.6 % | View data | |
| 22 |
#22
Austria
|
5.20 % | 2019 | +0.3 % | NA | View data | |