Hungary - Share of Higher Education Expenditure on R&D Financed by the Business Sector
Since 2014, Hungary Share of Higher Education Expenditure on R&D Financed by the Business Sector fell by 7.6points year on year. At 6.1 Percent in 2019, the country was ranked number 22 comparing other countries in Share of Higher Education Expenditure on R&D Financed by the Business Sector. Hungary is overtaken by Romania, which was ranked number 21 with 6.21 Percent and is followed by United States with 5.38 Percent. Russia ranked the highest with 28.95 Percent in 2019, that is a decrease of 0.4points versus 2018. China, Bulgaria and Ukraine respectively ranked number 2, 3 and 4 in this ranking. Italy witnessed the best average annual growth at +32.9points per year, while Iceland was the worst growing country at -62points per year.
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| Date | Percent |
|---|---|
| 2019 | 6.10 |
| 2018 | 6.50 |
| 2017 | 6.07 |
| 2016 | 9.62 |
| 2015 | 8.02 |
How does Hungary 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 | |
| 21 |
#21
Romania
|
6.21 % | 2019 | -1.2 % | -2.2 % | View data | |
| 22 |
#22
Hungary
|
6.10 % | 2019 | -6.2 % | -7.6 % | View data | |
| 23 |
#23
United States
|
5.38 % | 2019 | -0.6 % | +1.0 % | View data | |