United States - Higher Education Expenditure on R&D Financed by the Business Enterprise Sector
Since 2014, United States Higher Education Expenditure on R&D Financed by the Business Enterprise Sector rose 5.1% year on year. With $4,090.77 Million PPP in 2019, the country was ranked number 2 comparing other countries in Higher Education Expenditure on R&D Financed by the Business Enterprise Sector. China lead the ranking with $9,388.03 Million PPP in 2019, that is a growth of 1.9% compared to 2018. Italy witnessed the best average annual growth at +38.6% per year, while Croatia recorded the worst performance at -35.2% per year.
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| Date | Million US Dollars PPP |
|---|---|
| 2019 | 4,090.77 |
| 2018 | 4,047.00 |
| 2017 | 3,779.00 |
| 2016 | 3,559.00 |
| 2015 | 3,391.00 |
Download all data from 1981 to 2019
How does United States 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 |
| 3 |
#3
Germany
|
3,419.44 | 2019 | +2.0 % | +4.5 % | View data |
| 4 |
#4
Russia
|
1,193.21 | 2019 | +2.3 % | +2.1 % | View data |
| 5 |
#5
South Korea
|
1,172.05 | 2019 | +1.6 % | +9.6 % | View data |