Colombia - Higher Education Expenditure on R&D Financed by the Business Sector
Since 2014, Colombia Higher Education Expenditure on R&D Financed by the Business Sector grew 4.4points year on year. In 2019, the country was ranked number 10 comparing other countries in Higher Education Expenditure on R&D Financed by the Business Sector with 8.51 Percent. Colombia is overtaken by Slovenia, which was number 9 at 8.58 Percent and is followed by Netherlands at 8.43 Percent. Russia lead the ranking with 28.95 Percent in 2019, -0.4points versus 2018. China, South Korea and Germany respectively ranked number 2, 3 and 4 in this ranking. Italy witnessed the best average annual growth at +36.8points per year, while Iceland recorded the worst performance at -62points per year.
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| Date | Percent |
|---|---|
| 2019 | 8.51 |
| 2018 | 11.39 |
| 2017 | 10.98 |
| 2016 | 4.76 |
| 2015 | 5.18 |
Download all data from 2000 to 2019
How does Colombia rank in Higher Education Expenditure on R&D Financed by the Business Sector?
| # | 44 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 | |
| 9 |
#9
Slovenia
|
8.58 % | 2019 | +1.1 % | -7.5 % | View data | |
| 10 |
#10
Colombia
|
8.51 % | 2019 | -25.3 % | +4.4 % | View data | |
| 11 |
#11
Netherlands
|
8.43 % | 2019 | +1.3 % | +1.8 % | View data | |