Spain - Higher Education Expenditure on R&D Financed by the Higher Education and Private Non-Profit Sectors
Since 2014, Spain Higher Education Expenditure on R&D Financed by the Higher Education and Private Non-Profit Sectors grew 5.5% year on year. At $1,098.82 Million PPP in 2019, the country was ranked number 10 comparing other countries in Higher Education Expenditure on R&D Financed by the Higher Education and Private Non-Profit Sectors. Spain is overtaken by United States, which was ranked number 9 at $1,302 Million PPP and is followed by Germany with $1,031.9 Million PPP. United States ranked the highest with $28,656.74 Million PPP in 2019, that is +2.1% compared to 2018. Japan, Canada and Turkey respectively ranked number 2, 3 and 4 in this ranking. Lithuania recorded the best 5 years average growth at +81.6% per year, while Malaysia recorded the worst performance at -39.7% per year.
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| Date | Million US Dollars PPP |
|---|---|
| 2019 | 1,098.82 |
| 2018 | 1,081.04 |
| 2017 | 1,016.51 |
| 2016 | 948.88 |
| 2015 | 854.70 |
How does Spain rank in Higher Education Expenditure on R&D Financed by the Higher Education and Private Non-Profit Sectors?
| # | 104 Countries | Million US Dollars PPP | Last | YoY | 5‑years CAGR | ||
|---|---|---|---|---|---|---|---|
| 1 |
#1
United States
|
28,656.74 | 2019 | +2.1 % | +6.1 % | View data | |
| 2 |
#2
Japan
|
9,027.62 | 2019 | +1.3 % | -1.0 % | View data | |
| 8 |
#8
Malaysia
|
1,456.83 | 2019 | +6.7 % | +32.7 % | View data | |
| 10 |
#10
Spain
|
1,098.82 | 2019 | +1.6 % | +5.5 % | View data | |
| 11 |
#11
Germany
|
1,031.90 | 2019 | +2.3 % | +2.9 % | View data | |