Canada - Higher Education Expenditure on R&D Financed by the Business Enterprise Sector
Since 2014, Canada Higher Education Expenditure on R&D Financed by the Business Enterprise Sector jumped by 3.5% year on year. In 2019, the country was number 6 among other countries in Higher Education Expenditure on R&D Financed by the Business Enterprise Sector at $962.49 Million PPP. Canada is overtaken by South Korea, which was ranked number 5 with $1,172.05 Million PPP and is followed by Japan at $638.87 Million PPP. China lead the ranking with $9,388.03 Million PPP in 2019, +1.9% versus 2018. United States, Germany and Russia respectively ranked number 2, 3 and 4 in this ranking. Italy witnessed the best average annual growth at +38.6% per year, while Croatia witnessed the worst performance at -35.2% per year.
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| Date | Million US Dollars PPP |
|---|---|
| 2019 | 962.49 |
| 2018 | 949.64 |
| 2017 | 933.81 |
| 2016 | 906.50 |
| 2015 | 834.13 |
How does Canada rank in Higher Education Expenditure on R&D Financed by the Business Enterprise Sector?
| # | 54 Countries | Million US Dollars PPP | Last | YoY | 5‑years CAGR | ||
|---|---|---|---|---|---|---|---|
| 1 |
#1
China
|
9,388.03 | 2019 | +1.9 % | +3.1 % | View data | |
| 2 |
#2
United States
|
4,090.77 | 2019 | +1.1 % | +5.1 % | View data | |
| 5 |
#5
South Korea
|
1,172.05 | 2019 | +1.6 % | +9.6 % | View data | |
| 6 |
#6
Canada
|
962.49 | 2019 | +1.4 % | +3.5 % | View data | |
| 7 |
#7
Japan
|
638.87 | 2019 | -0.6 % | +3.2 % | View data | |