Colombia - Higher Education Expenditure on R&D Financed by the Business Enterprise Sector
Since 2014, Colombia Higher Education Expenditure on R&D Financed by the Business Enterprise Sector rose 3% year on year. With $51.2 Million PPP in 2019, the country was number 30 among other countries in Higher Education Expenditure on R&D Financed by the Business Enterprise Sector. Colombia is overtaken by Finland, which was number 29 at $54.88 Million PPP and is followed by Portugal with $41.66 Million PPP. China ranked the highest with $9,388.03 Million PPP in 2019, an increase of 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 was the worst growing country at -35.2% per year.
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| Date | Million US Dollars PPP |
|---|---|
| 2019 | 51.20 |
| 2018 | 76.15 |
| 2017 | 58.62 |
| 2016 | 25.13 |
| 2015 | 33.36 |
How does Colombia 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 | |
| 29 |
#29
Finland
|
54.88 | 2019 | -0.9 % | -3.4 % | View data | |
| 30 |
#30
Colombia
|
51.20 | 2019 | -32.8 % | +3.0 % | View data | |
| 31 |
#31
Portugal
|
41.66 | 2019 | +2.7 % | +7.7 % | View data | |