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
Download all data from 1983 to 2019

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
Compare all 42 countries

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