Bulgaria - Share of Higher Education Expenditure on R&D Financed by the Business Sector

Since 2014, Bulgaria Share of Higher Education Expenditure on R&D Financed by the Business Sector grew 9.2points year on year. In 2019, the country was number 3 among other countries in Share of Higher Education Expenditure on R&D Financed by the Business Sector with 22.31 Percent. Bulgaria is overtaken by China, which was ranked number 2 with 26.37 Percent and is followed by Ukraine with 14.09 Percent. Russia topped the ranking with 28.95 Percent in 2019, -0.4points compared to 2018. Italy witnessed the best average annual growth at +32.9points per year, while Iceland recorded the worst performance at -62points per year.

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Date Percent
2019 22.31
2018 22.07
2017 22.02
2016 21.52
2015 22.78
Download all data from 1995 to 2019

How does Bulgaria 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
3 #3
Bulgaria
22.31 % 2019 +1.1 % +9.2 % View data
4 #4
Ukraine
14.09 % 2019 -0.3 % -2.2 % View data
5 #5
South Korea
14.06 % 2019 -1.3 % +4.6 % View data
Compare all 52 countries

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