Turkey - Business Enterprise Expenditure on R&D Financed by the Higher Education and Private Non-Profit Sectors
Since 2014, Turkey Business Enterprise Expenditure on R&D Financed by the Higher Education and Private Non-Profit Sectors was up 30% year on year. At $26.75 Million PPP in 2019, the country was ranked number 14 among other countries in Business Enterprise Expenditure on R&D Financed by the Higher Education and Private Non-Profit Sectors. Turkey is overtaken by Italy, which was ranked number 13 at $31.39 Million PPP and is followed by Sweden with $25.93 Million PPP. United States lead the ranking with $695 Million PPP in 2019, that is +4.4% versus 2018. United Kingdom, Canada and Germany respectively ranked number 2, 3 and 4 in this ranking. Mexico witnessed the best average annual growth at +58.7% per year, while Russia recorded the worst performance at -23.1% per year.
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| Date | Million US Dollars PPP |
|---|---|
| 2019 | 26.75 |
| 2018 | 23.68 |
| 2017 | 33.55 |
| 2016 | 13.44 |
| 2015 | 12.49 |
How does Turkey rank in Business Enterprise Expenditure on R&D Financed by the Higher Education and Private Non-Profit Sectors?
| # | 44 Countries | Million US Dollars PPP | Last | YoY | 5‑years CAGR | ||
|---|---|---|---|---|---|---|---|
| 1 |
#1
United States
|
695.00 | 2019 | +4.3 % | +5.8 % | View data | |
| 2 |
#2
United Kingdom
|
403.54 | 2019 | +12.6 % | +15.7 % | View data | |
| 13 |
#13
Italy
|
31.39 | 2019 | -1.7 % | -12.1 % | View data | |
| 14 |
#14
Turkey
|
26.75 | 2019 | +12.9 % | +30.0 % | View data | |
| 15 |
#15
Sweden
|
25.93 | 2019 | +0.5 % | NA | View data | |