Belgium - Higher Education Expenditure on R&D Financed by Industry
Since 2014, Belgium Higher Education Expenditure on R&D Financed by Industry jumped by 6% year on year. With $384.65 Million PPP in 2019, the country was number 14 among other countries in Higher Education Expenditure on R&D Financed by Industry. Belgium is overtaken by France, which was ranked number 13 with $390.92 Million PPP and is followed by Spain at $305.65 Million PPP. China lead the ranking with $11,182.38 Million PPP in 2019, that is an increase of 2.5% 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 +34% per year, while Iceland recorded the worst performance at -32.5% per year.
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| Date | Million US Dollars PPP |
|---|---|
| 2019 | 384.64 |
| 2018 | 371.80 |
| 2017 | 356.51 |
| 2016 | 356.06 |
| 2015 | 331.49 |
How does Belgium rank in Higher Education Expenditure on R&D Financed by Industry?
| # | 42 Countries | Million US Dollars PPP | Last | YoY | 5‑years CAGR | ||
|---|---|---|---|---|---|---|---|
| 1 |
#1
China
|
11,182.38 | 2019 | +2.5 % | +5.3 % | View data | |
| 2 |
#2
United States
|
4,090.76 | 2019 | +1.1 % | +5.1 % | View data | |
| 13 |
#13
France
|
390.92 | 2019 | +3.0 % | +3.0 % | View data | |
| 14 |
#14
Belgium
|
384.64 | 2019 | +3.5 % | +6.0 % | View data | |
| 15 |
#15
Spain
|
305.65 | 2019 | -0.6 % | -1.1 % | View data | |