United States - Share of Higher Education Expenditure on R&D Financed by the Business Sector
Since 2014, United States Share of Higher Education Expenditure on R&D Financed by the Business Sector increased 1points year on year. At 5.38 Percent in 2019, the country was number 23 comparing other countries in Share of Higher Education Expenditure on R&D Financed by the Business Sector. United States is overtaken by Hungary, which was ranked number 22 with 6.1 Percent and is followed by Italy with 5.29 Percent. Russia ranked the highest with 28.95 Percent in 2019, that is a decrease of 0.4points versus 2018. China, Bulgaria and Ukraine respectively ranked number 2, 3 and 4 in this ranking. Italy witnessed the best average annual growth at +32.9points per year, while Iceland was the worst growing country at -62points per year.
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| Date | Percent |
|---|---|
| 2019 | 5.38 |
| 2018 | 5.42 |
| 2017 | 5.30 |
| 2016 | 5.25 |
| 2015 | 5.25 |
How does United States rank in Share of Higher Education Expenditure on R&D Financed by the Business Sector?
| # | 52 Countries | Percent | Last | YoY | 5‑years CAGR | ||
|---|---|---|---|---|---|---|---|
| 1 |
#1
Russia
|
28.95 % | 2019 | -0.4 % | +1.2 % | View data | |
| 2 |
#2
China
|
26.37 % | 2019 | -0.7 % | -4.8 % | View data | |
| 22 |
#22
Hungary
|
6.10 % | 2019 | -6.2 % | -7.6 % | View data | |
| 23 |
#23
United States
|
5.38 % | 2019 | -0.6 % | +1.0 % | View data | |
| 24 |
#24
Italy
|
5.29 % | 2019 | +6.8 % | +32.9 % | View data | |