Australia - Share of Higher Education Expenditure on R&D Financed by the Business Sector
Since 2014, Australia Share of Higher Education Expenditure on R&D Financed by the Business Sector increased 0.1points year on year. With 5.06 Percent in 2019, the country was ranked number 27 among other countries in Share of Higher Education Expenditure on R&D Financed by the Business Sector. Australia is overtaken by Czech Republic, which was number 26 with 5.07 Percent and is followed by Latvia with 4.91 Percent. Russia lead the ranking with 28.95 Percent in 2019, that is -0.4points compared to 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 | 5.06 |
| 2018 | 5.07 |
| 2017 | 5.08 |
| 2016 | 5.12 |
| 2015 |
How does Australia 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 | |
| 26 |
#26
Czech Republic
|
5.07 % | 2019 | +10.2 % | +16.1 % | View data | |
| 27 |
#27
Australia
|
5.06 % | 2019 | -0.2 % | +0.1 % | View data | |
| 28 |
#28
Latvia
|
4.91 % | 2019 | -8.0 % | -7.2 % | View data | |