Iceland - Applied Research Expenditures by Higher Education
Since 2014, Iceland Applied Research Expenditures by Higher Education jumped by 7.5% year on year. In 2019, the country was ranked number 34 among other countries in Applied Research Expenditures by Higher Education with $44.46 Million PPP. Iceland is overtaken by Latvia, which was ranked number 33 at $56.27 Million PPP and is followed by Slovenia at $40.56 Million PPP. United States lead the ranking with $21,344.6 Million PPP in 2019, an increase of 2.5% versus 2018. China, United Kingdom and Japan respectively ranked number 2, 3 and 4 in this ranking. China recorded the best 5 years average growth at +8.4% per year, while Lithuania witnessed the worst performance at -8.2% per year.
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| Date | Million US Dollars PPP |
|---|---|
| 2019 | 44.46 |
| 2018 | 43.85 |
| 2017 | 40.05 |
| 2016 | 37.29 |
| 2015 | 32.68 |
Download all data from 1983 to 2019
How does Iceland 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 | |
| 33 |
#33
Latvia
|
56.27 | 2019 | +1.8 % | -0.3 % | View data | |
| 34 |
#34
Iceland
|
44.46 | 2019 | +1.4 % | +7.5 % | View data | |
| 35 |
#35
Slovenia
|
40.56 | 2019 | -4.4 % | -7.4 % | View data | |