Latvia - Government Expenditures on R&D Education
Since 2014, Latvia Government Expenditures on R&D Education was up 4.5% year on year. With $27.17 Million PPP in 2019, the country was ranked number 20 comparing other countries in Government Expenditures on R&D Education. Latvia is overtaken by Finland, which was number 19 with $27.29 Million PPP and is followed by Slovakia with $26.26 Million PPP. Japan lead the ranking with $9,247.4 Million PPP in 2019, that is +0.4% versus 2018. Czech Republic, United Kingdom and Poland respectively ranked number 2, 3 and 4 in this ranking. United Kingdom witnessed the best average annual growth at +147.5% per year, while Luxembourg recorded the worst performance at -33.2% per year.
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| Date | Million US Dollars PPP |
|---|---|
| 2019 | 27.17 |
| 2018 | 25.70 |
| 2017 | 23.64 |
| 2016 | 21.52 |
| 2015 | 29.85 |
Download all data from 2009 to 2019
How does Latvia rank in Government Expenditures on R&D Education?
| # | 28 Countries | Million US Dollars PPP | Last | YoY | 5‑years CAGR | ||
|---|---|---|---|---|---|---|---|
| 1 |
#1
Japan
|
9,247.40 | 2019 | +0.3 % | -0.5 % | View data | |
| 2 |
#2
Czech Republic
|
3,223.22 | 2019 | +2.5 % | +3.3 % | View data | |
| 19 |
#19
Finland
|
27.29 | 2019 | +3.6 % | +13.8 % | View data | |
| 20 |
#20
Latvia
|
27.17 | 2019 | +5.7 % | +4.5 % | View data | |
| 21 |
#21
Slovakia
|
26.26 | 2019 | +3.1 % | +8.4 % | View data | |