China - Higher Education Expenditure on R&D Financed by the Business Enterprise Sector
Since 2014, China Higher Education Expenditure on R&D Financed by the Business Enterprise Sector grew 3.1% year on year. In 2019, the country was ranked number 1 comparing other countries in Higher Education Expenditure on R&D Financed by the Business Enterprise Sector with $9,388.03 Million PPP. United States, Germany and Russia respectively ranked number 2, 3 and 4 in this ranking. Italy witnessed the best average annual growth at +38.6% per year, while Croatia was the worst growing country at -35.2% per year.
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| Date | Million US Dollars PPP |
|---|---|
| 2019 | 9,388.03 |
| 2018 | 9,209.15 |
| 2017 | 8,613.31 |
| 2016 | 7,784.42 |
| 2015 | 7,788.97 |
Download all data from 2000 to 2019
How does China rank in Higher Education Expenditure on R&D Financed by the Business Enterprise Sector?
| # | 54 Countries | Million US Dollars PPP | Last | YoY | 5‑years CAGR | |
|---|---|---|---|---|---|---|
| 1 |
#1
China
|
9,388.03 | 2019 | +1.9 % | +3.1 % | View data |
| 2 |
#2
United States
|
4,090.77 | 2019 | +1.1 % | +5.1 % | View data |
| 3 |
#3
Germany
|
3,419.44 | 2019 | +2.0 % | +4.5 % | View data |
| 4 |
#4
Russia
|
1,193.21 | 2019 | +2.3 % | +2.1 % | View data |
| 5 |
#5
South Korea
|
1,172.05 | 2019 | +1.6 % | +9.6 % | View data |