Hungary - Higher Education Expenditure on R&D Financed by the Higher Education and Private Non-Profit Sectors
Since 2014, Hungary Higher Education Expenditure on R&D Financed by the Higher Education and Private Non-Profit Sectors grew 2.2% year on year. In 2019, the country was ranked number 65 among other countries in Higher Education Expenditure on R&D Financed by the Higher Education and Private Non-Profit Sectors with $62.78 Million PPP. Hungary is overtaken by Chile, which was ranked number 64 at $65.59 Million PPP and is followed by Israel with $60.89 Million PPP. United States ranked the highest with $28,656.74 Million PPP in 2019, that is a growth of 2.1% compared to 2018. Japan, Canada and Turkey respectively ranked number 2, 3 and 4 in this ranking. Lithuania recorded the best 5 years average growth at +81.6% per year, while Malaysia witnessed the worst performance at -39.7% per year.
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| Date | Million US Dollars PPP |
|---|---|
| 2019 | 62.78 |
| 2018 | 61.07 |
| 2017 | 61.16 |
| 2016 | 53.76 |
| 2015 | 49.25 |
How does Hungary 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 | |
| 63 |
#63
Lithuania
|
66.70 | 2019 | -9.8 % | -17.9 % | View data | |
| 65 |
#65
Hungary
|
62.78 | 2019 | +2.8 % | +2.2 % | View data | |
| 67 |
#67
Egypt
|
55.32 | 2019 | +35.7 % | +65.0 % | View data | |