Czech Republic - Higher Education Expenditure on R&D Financed by the Business Enterprise Sector
Since 2014, Czech Republic Higher Education Expenditure on R&D Financed by the Business Enterprise Sector rose 15.9% year on year. In 2019, the country was ranked number 27 comparing other countries in Higher Education Expenditure on R&D Financed by the Business Enterprise Sector at $85.37 Million PPP. Czech Republic is overtaken by Denmark, which was ranked number 26 at $87.38 Million PPP and is followed by Norway at $57.97 Million PPP. China lead the ranking with $9,388.03 Million PPP in 2019, a growth of 1.9% versus 2018. United States, Germany and Russia respectively ranked number 2, 3 and 4 in this ranking. Italy recorded the best 5 years average 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 | 85.37 |
| 2018 | 81.90 |
| 2017 | 72.75 |
| 2016 | 61.04 |
| 2015 | 67.65 |
How does Czech Republic 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 | |
| 26 |
#26
Denmark
|
87.38 | 2019 | +3.5 % | +11.5 % | View data | |
| 27 |
#27
Czech Republic
|
85.37 | 2019 | +4.2 % | +15.9 % | View data | |
| 28 |
#28
Norway
|
57.97 | 2019 | -0.3 % | NA | View data | |