Greece - Share of Higher Education Expenditure on R&D Financed by the Business Sector
Since 2014, Greece Share of Higher Education Expenditure on R&D Financed by the Business Sector was up 7points year on year. In 2019, the country was ranked number 15 comparing other countries in Share of Higher Education Expenditure on R&D Financed by the Business Sector at 8.35 Percent. Greece is overtaken by Netherlands, which was ranked number 14 with 8.43 Percent and is followed by Canada with 7.84 Percent. Russia ranked the highest with 28.95 Percent in 2019, a decrease of 0.4points versus 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 witnessed the worst performance at -62points per year.
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| Date | Percent |
|---|---|
| 2019 | 8.35 |
| 2018 | 8.46 |
| 2017 | 8.35 |
| 2016 | 7.29 |
| 2015 | 7.58 |
How does Greece 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 | |
| 14 |
#14
Netherlands
|
8.43 % | 2019 | +1.3 % | +1.8 % | View data | |
| 15 |
#15
Greece
|
8.35 % | 2019 | -1.3 % | +7.0 % | View data | |
| 16 |
#16
Canada
|
7.84 % | 2019 | -0.0 % | +0.3 % | View data | |