South Africa - Higher Education Expenditure on R&D Financed by Industry
Since 2014, South Africa Higher Education Expenditure on R&D Financed by Industry fell by 1% year on year. With $158.35 Million PPP in 2019, the country was ranked number 19 comparing other countries in Higher Education Expenditure on R&D Financed by Industry. South Africa is overtaken by Sweden, which was number 18 with $169.06 Million PPP and is followed by Israel with $151.61 Million PPP. China lead the ranking with $11,182.38 Million PPP in 2019, that is a growth of 2.5% compared to 2018. United States, Germany and Russia respectively ranked number 2, 3 and 4 in this ranking. Italy witnessed the best average annual 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 | 158.35 |
| 2018 | 156.19 |
| 2017 | 154.00 |
| 2016 | 154.86 |
| 2015 | 138.99 |
How does South Africa 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 | |
| 18 |
#18
Sweden
|
169.06 | 2019 | +1.7 % | NA | View data | |
| 19 |
#19
South Africa
|
158.35 | 2019 | +1.4 % | -0.9 % | View data | |
| 20 |
#20
Israel
|
151.61 | 2019 | +3.0 % | +2.0 % | View data | |