Sweden - Government Expenditures on R&D Education
Since 2014, Sweden Government Expenditures on R&D Education decreased by 2.1% year on year. In 2019, the country was ranked number 23 comparing other countries in Government Expenditures on R&D Education at $15.14 Million PPP. Sweden is overtaken by Luxembourg, which was ranked number 22 at $19.08 Million PPP and is followed by Belgium with $8.08 Million PPP. Japan lead the ranking with $9,247.4 Million PPP in 2019, an increase of 0.4% versus 2018. Czech Republic, United Kingdom and Poland respectively ranked number 2, 3 and 4 in this ranking. United Kingdom witnessed the best average annual growth at +147.5% per year, while Luxembourg witnessed the worst performance at -33.2% per year.
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| Date | Million US Dollars PPP |
|---|---|
| 2019 | 15.14 |
| 2018 | 16.20 |
| 2017 | 19.76 |
| 2016 | 12.66 |
| 2015 | 16.83 |
How does Sweden rank in Government Expenditures on R&D Education?
| # | 28 Countries | Million US Dollars PPP | Last | YoY | 5‑years CAGR | ||
|---|---|---|---|---|---|---|---|
| 1 |
#1
Japan
|
9,247.40 | 2019 | +0.3 % | -0.5 % | View data | |
| 2 |
#2
Czech Republic
|
3,223.22 | 2019 | +2.5 % | +3.3 % | View data | |
| 22 |
#22
Luxembourg
|
19.08 | 2017 | +22.1 % | -33.2 % | View data | |
| 23 |
#23
Sweden
|
15.14 | 2019 | -6.5 % | -2.1 % | View data | |
| 24 |
#24
Belgium
|
8.08 | 2019 | +2.4 % | +60.9 % | View data | |