Taiwan - Gross Domestic Expenditure on R&D Financed by the Higher Education and Private Non-Profit Sectors
Since 2014, Taiwan Gross Domestic Expenditure on R&D Financed by the Higher Education and Private Non-Profit Sectors grew 1.8% year on year. In 2019, the country was ranked number 23 comparing other countries in Gross Domestic Expenditure on R&D Financed by the Higher Education and Private Non-Profit Sectors at $327.3 Million PPP. Taiwan is overtaken by Singapore, which was ranked number 22 with $341.61 Million PPP and is followed by Mexico with $287.92 Million PPP. United States lead the ranking with $43,853.06 Million PPP in 2019, that is an increase of 2.4% versus 2018. Japan, Canada and United Kingdom respectively ranked number 2, 3 and 4 in this ranking. Lithuania recorded the best 5 years average growth at +60.9% per year, while Costa Rica witnessed the worst performance at -18.1% per year.
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| Date | Million US Dollars PPP |
|---|---|
| 2019 | 327.30 |
| 2018 | 319.62 |
| 2017 | 324.94 |
| 2016 | 290.76 |
| 2015 | 289.58 |
How does Taiwan 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 | |
| 22 |
#22
Singapore
|
341.61 | 2019 | +7.9 % | +12.2 % | View data | |
| 23 |
#23
Taiwan
|
327.30 | 2019 | +2.4 % | +1.8 % | View data | |
| 24 |
#24
Mexico
|
287.92 | 2019 | -2.5 % | +4.2 % | View data | |