Germany - Higher Education Expenditure on R&D Financed by the Business Enterprise Sector
Since 2014, Germany Higher Education Expenditure on R&D Financed by the Business Enterprise Sector increased 4.5% year on year. In 2019, the country was number 3 comparing other countries in Higher Education Expenditure on R&D Financed by the Business Enterprise Sector at $3,419.44 Million PPP. Germany is overtaken by United States, which was number 2 with $4,090.77 Million PPP and is followed by Russia at $1,193.21 Million PPP. China topped the ranking with $9,388.03 Million PPP in 2019, that is an increase of 1.9% compared to 2018. 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 | 3,419.44 |
| 2018 | 3,353.20 |
| 2017 | 3,115.07 |
| 2016 | 3,054.67 |
| 2015 | 2,736.39 |
Download all data from 1981 to 2019
How does Germany 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 |