Sweden - Government Budget Allocations for R&D in Culture, Recreation, Religion and Mass Media
Since 2014, Sweden Government Budget Allocations for R&D in Culture, Recreation, Religion and Mass Media jumped by 2% year on year. In 2019, the country was number 7 among other countries in Government Budget Allocations for R&D in Culture, Recreation, Religion and Mass Media at $4,150.82 Million PPP. Sweden is overtaken by Australia, which was ranked number 6 with $5,180.57 Million PPP and is followed by Norway with $3,776.29 Million PPP. South Korea lead the ranking with $23,546.01 Million PPP in 2019, that is an increase of 3.8% compared to 2018. Russia, United Kingdom and Canada respectively ranked number 2, 3 and 4 in this ranking. Australia witnessed the best average annual growth at +187.9% per year, while Japan witnessed the worst performance at -77.6% per year.
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| Date | Million US Dollars PPP |
|---|---|
| 2019 | 4,150.82 |
| 2018 | 4,245.68 |
| 2017 | 4,206.45 |
| 2016 | 3,897.44 |
| 2015 | 8.25 |
How does Sweden rank in Government Budget Allocations for R&D in Culture, Recreation, Religion and Mass Media?
| # | 37 Countries | Million US Dollars PPP | Last | YoY | 5‑years CAGR | ||
|---|---|---|---|---|---|---|---|
| 1 |
#1
South Korea
|
23,546.01 | 2019 | +3.8 % | +2.9 % | View data | |
| 2 |
#2
Russia
|
17,043.40 | 2019 | +0.4 % | -3.9 % | View data | |
| 6 |
#6
Australia
|
5,180.57 | 2019 | +21,912.2 % | +187.9 % | View data | |
| 7 |
#7
Sweden
|
4,150.82 | 2019 | -2.2 % | +2.0 % | View data | |
| 8 |
#8
Norway
|
3,776.29 | 2019 | +10,690.9 % | +167.6 % | View data | |