Estonia - Share of Higher Education Expenditure on R&D Financed by the Business Sector
Since 2014, Estonia Share of Higher Education Expenditure on R&D Financed by the Business Sector increased 7.5points year on year. In 2019, the country was ranked number 19 among other countries in Share of Higher Education Expenditure on R&D Financed by the Business Sector with 6.29 Percent. Estonia is overtaken by Singapore, which was ranked number 18 with 6.53 Percent and is followed by South Africa with 6.27 Percent. Russia ranked the highest with 28.95 Percent in 2019, that is a fall of 0.4points compared to 2018. China, Bulgaria and Ukraine respectively ranked number 2, 3 and 4 in this ranking. Italy recorded the best 5 years average growth at +32.9points per year, while Iceland recorded the worst performance at -62points per year.
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| Date | Percent |
|---|---|
| 2019 | 6.29 |
| 2018 | 6.21 |
| 2017 | 5.84 |
| 2016 | 7.41 |
| 2015 | 5.40 |
How does Estonia rank in Share of Higher Education Expenditure on R&D Financed by the Business Sector?
| # | 52 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 | |
| 18 |
#18
Singapore
|
6.53 % | 2019 | +3.0 % | -2.3 % | View data | |
| 19 |
#19
Estonia
|
6.29 % | 2019 | +1.2 % | +7.5 % | View data | |
| 20 |
#20
South Africa
|
6.27 % | 2019 | -7.1 % | -9.9 % | View data | |