Latvia - Civil Government Budget Allocations for R&D for Education and Social Programmes
Since 2014, Latvia Civil Government Budget Allocations for R&D for Education and Social Programmes increased 28.3% year on year. In 2019, the country was number 37 comparing other countries in Civil Government Budget Allocations for R&D for Education and Social Programmes with $9.1 Million PPP. Latvia is overtaken by Hungary, which was ranked number 36 at $15.57 Million PPP and is followed by New Zealand with $6.86 Million PPP. Germany ranked the highest with $2,038.07 Million PPP in 2019, an increase of 4.7% compared to 2018. South Korea, United States and Italy respectively ranked number 2, 3 and 4 in this ranking. Latvia witnessed the best average annual growth at +28.3% per year, while Iceland witnessed the worst performance at -37.6% per year.
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| Date | Million US Dollars PPP |
|---|---|
| 2019 | 9.10 |
| 2018 | 6.71 |
| 2017 | 8.47 |
| 2016 | 4.75 |
| 2015 | 5.03 |
How does Latvia rank in Civil Government Budget Allocations for R&D for Education and Social Programmes?
| # | 39 Countries | Million US Dollars PPP | Last | YoY | 5‑years CAGR | ||
|---|---|---|---|---|---|---|---|
| 1 |
#1
Germany
|
2,038.07 | 2019 | +4.7 % | +7.7 % | View data | |
| 2 |
#2
South Korea
|
1,888.73 | 2019 | +5.4 % | +5.8 % | View data | |
| 36 |
#36
Hungary
|
15.57 | 2019 | -3.0 % | -11.4 % | View data | |
| 37 |
#37
Latvia
|
9.10 | 2019 | +35.6 % | +28.3 % | View data | |
| 38 |
#38
New Zealand
|
6.86 | 2019 | -11.9 % | -14.5 % | View data | |