Romania - Higher Education Expenditure on R&D Financed by Industry
Since 2014, Romania Higher Education Expenditure on R&D Financed by Industry was up 2.9% year on year. In 2019, the country was ranked number 33 among other countries in Higher Education Expenditure on R&D Financed by Industry at $19.12 Million PPP. Romania is overtaken by Lithuania, which was ranked number 32 at $25.11 Million PPP and is followed by Chile at $16.8 Million PPP. China topped the ranking with $11,182.38 Million PPP in 2019, that is +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 recorded the worst performance at -32.5% per year.
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| Date | Million US Dollars PPP |
|---|---|
| 2019 | 19.12 |
| 2018 | 18.76 |
| 2017 | 18.91 |
| 2016 | 16.23 |
| 2015 | 18.45 |
Download all data from 1995 to 2019
How does Romania 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 | |
| 32 |
#32
Lithuania
|
25.11 | 2019 | -4.6 % | -16.4 % | View data | |
| 33 |
#33
Romania
|
19.12 | 2019 | +1.9 % | +2.9 % | View data | |
| 34 |
#34
Chile
|
16.80 | 2019 | -3.4 % | -2.9 % | View data | |