Denmark - Higher Education Expenditure on R&D Financed by the Business Sector
Since 2014, Denmark Higher Education Expenditure on R&D Financed by the Business Sector was up 6.5points year on year. In 2019, the country was ranked number 36 among other countries in Higher Education Expenditure on R&D Financed by the Business Sector at 2.62 Percent. Denmark is overtaken by Chile, which was ranked number 35 at 2.7 Percent and is followed by Norway with 2.13 Percent. Russia topped the ranking with 28.95 Percent in 2019, that is a decrease of 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 witnessed the worst performance at -62points per year.
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| Date | Percent |
|---|---|
| 2019 | 2.62 |
| 2018 | 2.62 |
| 2017 | 2.66 |
| 2016 | 2.64 |
| 2015 | 2.48 |
How does Denmark 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 | |
| 35 |
#35
Chile
|
2.70 % | 2019 | -16.0 % | -3.8 % | View data | |
| 36 |
#36
Denmark
|
2.62 % | 2019 | +0.0 % | +6.5 % | View data | |
| 37 |
#37
Norway
|
2.13 % | 2019 | -6.3 % | NA | View data | |