United States - Higher Education Expenditure on R&D Financed by the Business Sector
Since 2014, United States Higher Education Expenditure on R&D Financed by the Business Sector grew 1points year on year. In 2019, the country was number 19 among other countries in Higher Education Expenditure on R&D Financed by the Business Sector at 5.38 Percent. United States is overtaken by Romania, which was ranked number 18 at 5.77 Percent and is followed by Hungary at 5.24 Percent. Russia ranked the highest with 28.95 Percent in 2019, that is a fall of 0.4points versus 2018. China, South Korea and Germany respectively ranked number 2, 3 and 4 in this ranking. Italy recorded the best 5 years average growth at +36.8points per year, while Iceland witnessed the worst performance at -62points per year.
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| Date | Percent |
|---|---|
| 2019 | 5.38 |
| 2018 | 5.42 |
| 2017 | 5.30 |
| 2016 | 5.25 |
| 2015 | 5.25 |
How does United States 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 | |
| 18 |
#18
Romania
|
5.77 % | 2019 | +1.0 % | -3.6 % | View data | |
| 19 |
#19
United States
|
5.38 % | 2019 | -0.6 % | +1.0 % | View data | |
| 20 |
#20
Hungary
|
5.24 % | 2019 | -2.8 % | -10.4 % | View data | |