Lithuania - Higher Education Expenditure on R&D Financed by Industry
Since 2014, Lithuania Higher Education Expenditure on R&D Financed by Industry decreased by 16.5% year on year. With $25.11 Million PPP in 2019, the country was ranked number 32 among other countries in Higher Education Expenditure on R&D Financed by Industry. Lithuania is overtaken by New Zealand, which was number 31 with $29.19 Million PPP and is followed by Romania at $19.12 Million PPP. China topped the ranking with $11,182.38 Million PPP in 2019, that is an increase of 2.5% compared to 2018. United States, Germany and Russia respectively ranked number 2, 3 and 4 in this ranking. Italy recorded the best 5 years average growth at +34% per year, while Iceland was the worst growing country at -32.5% per year.
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| Date | Million US Dollars PPP |
|---|---|
| 2019 | 25.11 |
| 2018 | 26.31 |
| 2017 | 20.52 |
| 2016 | 35.58 |
| 2015 | 56.14 |
How does Lithuania rank in Higher Education Expenditure on R&D Financed by Industry?
| # | 42 Countries | Million US Dollars PPP | Last | YoY | 5‑years CAGR | ||
|---|---|---|---|---|---|---|---|
| 1 |
#1
China
|
11,182.38 | 2019 | +2.5 % | +5.3 % | View data | |
| 2 |
#2
United States
|
4,090.76 | 2019 | +1.1 % | +5.1 % | View data | |
| 31 |
#31
New Zealand
|
29.19 | 2019 | +2.0 % | NA | View data | |
| 32 |
#32
Lithuania
|
25.11 | 2019 | -4.6 % | -16.4 % | View data | |
| 33 |
#33
Romania
|
19.12 | 2019 | +1.9 % | +2.9 % | View data | |