Finland - Higher Education Expenditure on R&D Financed by the Business Enterprise Sector
Since 2014, Finland Higher Education Expenditure on R&D Financed by the Business Enterprise Sector was down by 3.4% year on year. With $54.88 Million PPP in 2019, the country was ranked number 29 comparing other countries in Higher Education Expenditure on R&D Financed by the Business Enterprise Sector. Finland is overtaken by Norway, which was ranked number 28 with $57.97 Million PPP and is followed by Colombia at $51.2 Million PPP. China ranked the highest with $9,388.03 Million PPP in 2019, that is +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 recorded the worst performance at -35.2% per year.
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| Date | Million US Dollars PPP |
|---|---|
| 2019 | 54.88 |
| 2018 | 55.37 |
| 2017 | 57.79 |
| 2016 | 61.75 |
| 2015 | 60.72 |
How does Finland 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 | |
| 28 |
#28
Norway
|
57.97 | 2019 | -0.3 % | NA | View data | |
| 29 |
#29
Finland
|
54.88 | 2019 | -0.9 % | -3.4 % | View data | |
| 30 |
#30
Colombia
|
51.20 | 2019 | -32.8 % | +3.0 % | View data | |