Hungary - Applied Research Expenditures by Higher Education
Since 2014, Hungary Applied Research Expenditures by Higher Education decreased by 4.7% year on year. In 2019, the country was number 29 among other countries in Applied Research Expenditures by Higher Education with $133.98 Million PPP. Hungary is overtaken by Lithuania, which was ranked number 28 at $147.66 Million PPP and is followed by Romania with $98.59 Million PPP. United States ranked the highest with $21,344.6 Million PPP in 2019, a growth of 2.5% compared to 2018. China, United Kingdom and Japan respectively ranked number 2, 3 and 4 in this ranking. China witnessed the best average annual growth at +8.4% per year, while Lithuania recorded the worst performance at -8.2% per year.
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| Date | Million US Dollars PPP |
|---|---|
| 2019 | 133.98 |
| 2018 | 136.46 |
| 2017 | 147.78 |
| 2016 | 107.08 |
| 2015 | 155.80 |
How does Hungary rank in Applied Research Expenditures by Higher Education?
| # | 35 Countries | Million US Dollars PPP | Last | YoY | 5‑years CAGR | ||
|---|---|---|---|---|---|---|---|
| 1 |
#1
United States
|
21,344.60 | 2019 | +2.5 % | +5.5 % | View data | |
| 2 |
#2
China
|
20,376.31 | 2019 | +1.7 % | +8.4 % | View data | |
| 28 |
#28
Lithuania
|
147.66 | 2019 | +0.5 % | -8.2 % | View data | |
| 29 |
#29
Hungary
|
133.98 | 2019 | -1.8 % | -4.7 % | View data | |
| 30 |
#30
Romania
|
98.59 | 2019 | -0.4 % | +6.7 % | View data | |