Estonia - Higher Education Expenditure on R&D Financed by the Higher Education and Private Non-Profit Sectors
Since 2014, Estonia Higher Education Expenditure on R&D Financed by the Higher Education and Private Non-Profit Sectors grew 14% year on year. In 2019, the country was ranked number 62 among other countries in Higher Education Expenditure on R&D Financed by the Higher Education and Private Non-Profit Sectors with $67.74 Million PPP. Estonia is overtaken by Thailand, which was ranked number 61 with $68.98 Million PPP and is followed by Lithuania with $66.7 Million PPP. United States topped the ranking with $28,656.74 Million PPP in 2019, that is an increase of 2.1% versus 2018. Japan, Canada and Turkey respectively ranked number 2, 3 and 4 in this ranking. Lithuania witnessed the best average annual growth at +81.6% per year, while Malaysia recorded the worst performance at -39.7% per year.
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| Date | Million US Dollars PPP |
|---|---|
| 2019 | 67.74 |
| 2018 | 69.93 |
| 2017 | 51.14 |
| 2016 | 41.03 |
| 2015 | 35.43 |
How does Estonia rank in Higher Education Expenditure on R&D Financed by the Higher Education and Private Non-Profit Sectors?
| # | 104 Countries | Million US Dollars PPP | Last | YoY | 5‑years CAGR | ||
|---|---|---|---|---|---|---|---|
| 1 |
#1
United States
|
28,656.74 | 2019 | +2.1 % | +6.1 % | View data | |
| 2 |
#2
Japan
|
9,027.62 | 2019 | +1.3 % | -1.0 % | View data | |
| 57 |
#57
Latvia
|
77.83 | 2019 | -14.5 % | +4.7 % | View data | |
| 62 |
#62
Estonia
|
67.74 | 2019 | -3.1 % | +14.0 % | View data | |
| 63 |
#63
Lithuania
|
66.70 | 2019 | -9.8 % | -17.9 % | View data | |