Spain - Share of Higher Education Expenditure on R&D Financed by the Business Sector
Since 2014, Spain Share of Higher Education Expenditure on R&D Financed by the Business Sector decreased by 4.1points year on year. In 2019, the country was ranked number 29 comparing other countries in Share of Higher Education Expenditure on R&D Financed by the Business Sector with 4.81 Percent. Spain is overtaken by Latvia, which was number 28 at 4.91 Percent and is followed by United Kingdom at 4.22 Percent. Russia topped the ranking with 28.95 Percent in 2019, that is a fall of 0.4points versus 2018. China, Bulgaria and Ukraine respectively ranked number 2, 3 and 4 in this ranking. Italy witnessed the best average annual growth at +32.9points per year, while Iceland witnessed the worst performance at -62points per year.
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| Date | Percent |
|---|---|
| 2019 | 4.81 |
| 2018 | 4.99 |
| 2017 | 5.20 |
| 2016 | 5.15 |
| 2015 | 5.70 |
How does Spain rank in Share of Higher Education Expenditure on R&D Financed by the Business Sector?
| # | 52 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 | |
| 28 |
#28
Latvia
|
4.91 % | 2019 | -8.0 % | -7.2 % | View data | |
| 29 |
#29
Spain
|
4.81 % | 2019 | -3.6 % | -4.1 % | View data | |
| 30 |
#30
United Kingdom
|
4.22 % | 2019 | -0.8 % | -0.2 % | View data | |