Singapore - Business Enterprise Expenditure on R&D Financed by the Higher Education and Private Non-Profit Sectors
Since 2014, Singapore Business Enterprise Expenditure on R&D Financed by the Higher Education and Private Non-Profit Sectors increased 30.4% year on year. At $1.31 Million PPP in 2019, the country was ranked number 31 among other countries in Business Enterprise Expenditure on R&D Financed by the Higher Education and Private Non-Profit Sectors. Singapore is overtaken by Ukraine, which was number 30 at $1.66 Million PPP and is followed by Hungary with $1.13 Million PPP. United States topped the ranking with $695 Million PPP in 2019, a growth of 4.4% versus 2018. United Kingdom, Canada and Germany respectively ranked number 2, 3 and 4 in this ranking. Mexico recorded the best 5 years average growth at +58.7% per year, while Russia witnessed the worst performance at -23.1% per year.
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| Date | Million US Dollars PPP |
|---|---|
| 2019 | 1.31 |
| 2018 | 0.92 |
| 2017 | 3.04 |
| 2016 | 0.35 |
| 2015 | 0.38 |
How does Singapore rank in Business Enterprise Expenditure on R&D Financed by the Higher Education and Private Non-Profit Sectors?
| # | 44 Countries | Million US Dollars PPP | Last | YoY | 5‑years CAGR | ||
|---|---|---|---|---|---|---|---|
| 1 |
#1
United States
|
695.00 | 2019 | +4.3 % | +5.8 % | View data | |
| 2 |
#2
United Kingdom
|
403.54 | 2019 | +12.6 % | +15.7 % | View data | |
| 30 |
#30
Ukraine
|
1.66 | 2019 | -24.3 % | +17.4 % | View data | |
| 31 |
#31
Singapore
|
1.31 | 2019 | +42.6 % | +30.4 % | View data | |
| 32 |
#32
Hungary
|
1.13 | 2019 | -2.1 % | -0.5 % | View data | |