Turkey - Higher Education Expenditure on R&D Financed by the Business Sector
Since 2014, Turkey Higher Education Expenditure on R&D Financed by the Business Sector fell by 1.4points year on year. At 0.98 Percent in 2019, the country was number 40 comparing other countries in Higher Education Expenditure on R&D Financed by the Business Sector. Turkey is overtaken by Luxembourg, which was number 39 with 1.3 Percent and is followed by Slovakia at 0.91 Percent. Russia lead the ranking with 28.95 Percent in 2019, a fall of 0.4points versus 2018. China, South Korea and Germany respectively ranked number 2, 3 and 4 in this ranking. Italy witnessed the best average annual growth at +36.8points per year, while Iceland recorded the worst performance at -62points per year.
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| Date | Percent |
|---|---|
| 2019 | 0.98 |
| 2018 | 1.94 |
| 2017 | 1.29 |
| 2016 | 1.21 |
| 2015 | 1.17 |
Download all data from 1990 to 2019
How does Turkey rank in Higher Education Expenditure on R&D Financed by the Business Sector?
| # | 44 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 | |
| 39 |
#39
Luxembourg
|
1.30 % | 2019 | +2.0 % | NA | View data | |
| 40 |
#40
Turkey
|
0.98 % | 2019 | -49.6 % | -1.4 % | View data | |
| 41 |
#41
Slovakia
|
0.91 % | 2019 | +38.9 % | -17.9 % | View data | |