Hungary - Higher Education Expenditure on R&D Financed by the Business Enterprise Sector
Since 2014, Hungary Higher Education Expenditure on R&D Financed by the Business Enterprise Sector fell by 5.9% year on year. In 2019, the country was ranked number 33 comparing other countries in Higher Education Expenditure on R&D Financed by the Business Enterprise Sector at $30.7 Million PPP. Hungary is overtaken by Ireland, which was number 32 with $37.3 Million PPP and is followed by New Zealand with $29.19 Million PPP. China ranked the highest with $9,388.03 Million PPP in 2019, that is +1.9% compared to 2018. United States, Germany and Russia respectively ranked number 2, 3 and 4 in this ranking. Italy witnessed the best average annual growth at +38.6% per year, while Croatia witnessed the worst performance at -35.2% per year.
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| Date | Million US Dollars PPP |
|---|---|
| 2019 | 30.70 |
| 2018 | 32.42 |
| 2017 | 31.05 |
| 2016 | 34.70 |
| 2015 | 34.35 |
How does Hungary 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 | |
| 32 |
#32
Ireland
|
37.30 | 2019 | +1.7 % | +9.5 % | View data | |
| 33 |
#33
Hungary
|
30.70 | 2019 | -5.3 % | -5.9 % | View data | |
| 34 |
#34
New Zealand
|
29.19 | 2019 | +2.0 % | NA | View data | |