Cyprus - Higher Education Expenditure on R&D Financed from General University Funds
Since 2014, Cyprus Higher Education Expenditure on R&D Financed from General University Funds increased 3.6% year on year. With $34.79 Million PPP in 2019, the country was ranked number 27 among other countries in Higher Education Expenditure on R&D Financed from General University Funds. Cyprus is overtaken by Russia, which was number 26 at $52.13 Million PPP and is followed by Iceland at $34.56 Million PPP. Japan ranked the highest with $7,618.5 Million PPP in 2019, that is a growth of 1.3% versus 2018. Italy, Australia and France respectively ranked number 2, 3 and 4 in this ranking. South Africa recorded the best 5 years average growth at +8.8% per year, while Romania was the worst growing country at -9.4% per year.
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| Date | Million US Dollars PPP |
|---|---|
| 2019 | 34.79 |
| 2018 | 33.92 |
| 2017 | 33.33 |
| 2016 | 31.71 |
| 2015 | 29.83 |
How does Cyprus rank in Higher Education Expenditure on R&D Financed from General University Funds?
| # | 31 Countries | Million US Dollars PPP | Last | YoY | 5‑years CAGR | ||
|---|---|---|---|---|---|---|---|
| 1 |
#1
Japan
|
7,618.50 | 2019 | +1.3 % | -1.1 % | View data | |
| 2 |
#2
Italy
|
5,770.60 | 2019 | +0.2 % | +0.5 % | View data | |
| 26 |
#26
Russia
|
52.13 | 2019 | -1.1 % | -8.3 % | View data | |
| 27 |
#27
Cyprus
|
34.79 | 2019 | +2.6 % | +3.6 % | View data | |
| 28 |
#28
Iceland
|
34.56 | 2019 | +3.5 % | -8.8 % | View data | |