Belgium - Share of Higher Education Expenditure on R&D Financed by the Business Sector
Since 2014, Belgium Share of Higher Education Expenditure on R&D Financed by the Business Sector rose 0.6points year on year. At 12 Percent in 2019, the country was ranked number 9 among other countries in Share of Higher Education Expenditure on R&D Financed by the Business Sector. Belgium is overtaken by Thailand, which was ranked number 8 at 12.16 Percent and is followed by Taiwan with 10.35 Percent. Russia lead the ranking with 28.95 Percent in 2019, -0.4points versus 2018. China, Bulgaria and Ukraine respectively ranked number 2, 3 and 4 in this ranking. Italy recorded the best 5 years average growth at +32.9points per year, while Iceland witnessed the worst performance at -62points per year.
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| Date | Percent |
|---|---|
| 2019 | 12.00 |
| 2018 | 11.95 |
| 2017 | 11.71 |
| 2016 | 12.11 |
| 2015 | 12.89 |
How does Belgium 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 | |
| 8 |
#8
Thailand
|
12.16 % | 2016 | -5.6 % | +28.5 % | View data | |
| 9 |
#9
Belgium
|
12.00 % | 2019 | +0.3 % | +0.6 % | View data | |
| 10 |
#10
Taiwan
|
10.35 % | 2019 | +4.3 % | +4.5 % | View data | |