Romania - Higher Education Expenditure on R&D Financed by the Higher Education and Private Non-Profit Sectors
Since 2014, Romania Higher Education Expenditure on R&D Financed by the Higher Education and Private Non-Profit Sectors was down by 6.3% year on year. In 2019, the country was number 70 among other countries in Higher Education Expenditure on R&D Financed by the Higher Education and Private Non-Profit Sectors at $50.09 Million PPP. Romania is overtaken by Russia, which was number 69 with $51.82 Million PPP and is followed by Croatia with $36.88 Million PPP. United States ranked the highest with $28,656.74 Million PPP in 2019, a growth of 2.1% compared to 2018. Japan, Canada and Turkey respectively ranked number 2, 3 and 4 in this ranking. Lithuania witnessed the best average annual growth at +81.6% per year, while Malaysia was the worst growing country at -39.7% per year.
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| Date | Million US Dollars PPP |
|---|---|
| 2019 | 50.09 |
| 2018 | 50.22 |
| 2017 | 51.12 |
| 2016 | 28.89 |
| 2015 | 116.68 |
How does Romania rank in Higher Education Expenditure on R&D Financed by the Higher Education and Private Non-Profit Sectors?
| # | 104 Countries | Million US Dollars PPP | Last | YoY | 5‑years CAGR | ||
|---|---|---|---|---|---|---|---|
| 1 |
#1
United States
|
28,656.74 | 2019 | +2.1 % | +6.1 % | View data | |
| 2 |
#2
Japan
|
9,027.62 | 2019 | +1.3 % | -1.0 % | View data | |
| 67 |
#67
Egypt
|
55.32 | 2019 | +35.7 % | +65.0 % | View data | |
| 70 |
#70
Romania
|
50.09 | 2019 | -0.3 % | -6.3 % | View data | |
| 71 |
#71
Croatia
|
36.88 | 2019 | +3.5 % | +17.3 % | View data | |