Switzerland - Higher Education Expenditure on R&D Financed by the Business Enterprise Sector
Since 2014, Switzerland Higher Education Expenditure on R&D Financed by the Business Enterprise Sector grew 4.7% year on year. With $554.24 Million PPP in 2019, the country was number 9 among other countries in Higher Education Expenditure on R&D Financed by the Business Enterprise Sector. Switzerland is overtaken by United Kingdom, which was number 8 with $569.27 Million PPP and is followed by Italy with $513.4 Million PPP. China topped the ranking with $9,388.03 Million PPP in 2019, +1.9% 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 +38.6% per year, while Croatia witnessed the worst performance at -35.2% per year.
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| Date | Million US Dollars PPP |
|---|---|
| 2019 | 554.24 |
| 2018 | 533.21 |
| 2017 | 512.22 |
| 2016 | |
| 2015 | 465.94 |
How does Switzerland rank in Higher Education Expenditure on R&D Financed by the Business Enterprise Sector?
| # | 54 Countries | Million US Dollars PPP | Last | YoY | 5‑years CAGR | ||
|---|---|---|---|---|---|---|---|
| 1 |
#1
China
|
9,388.03 | 2019 | +1.9 % | +3.1 % | View data | |
| 2 |
#2
United States
|
4,090.77 | 2019 | +1.1 % | +5.1 % | View data | |
| 8 |
#8
United Kingdom
|
569.27 | 2019 | +0.6 % | +3.4 % | View data | |
| 9 |
#9
Switzerland
|
554.24 | 2019 | +3.9 % | +4.7 % | View data | |
| 10 |
#10
Italy
|
513.40 | 2019 | +1.1 % | +38.6 % | View data | |