Iceland - Higher Education Expenditure on R&D Financed by the Higher Education and Private Non-Profit Sectors
Since 2014, Iceland Higher Education Expenditure on R&D Financed by the Higher Education and Private Non-Profit Sectors jumped by 1.5% year on year. At $14.5 Million PPP in 2019, the country was ranked number 87 comparing other countries in Higher Education Expenditure on R&D Financed by the Higher Education and Private Non-Profit Sectors. Iceland is overtaken by Egypt, which was ranked number 86 at $14.74 Million PPP and is followed by Colombia at $13.14 Million PPP. United States lead the ranking with $28,656.74 Million PPP in 2019, that is an increase of 2.1% versus 2018. Japan, Canada and Turkey respectively ranked number 2, 3 and 4 in this ranking. Lithuania witnessed the best average annual growth at +81.6% per year, while Malaysia recorded the worst performance at -39.7% per year.
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Date | Million US Dollars PPP |
---|---|
2019 | 14.50 |
2018 | 13.65 |
2017 | 12.79 |
2016 | 14.23 |
2015 | 14.07 |
How does Iceland 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 | |
80 |
#80
Bulgaria
|
25.00 | 2019 | +3.1 % | -6.7 % | View data | |
87 |
#87
Iceland
|
14.50 | 2019 | +6.2 % | +1.5 % | View data | |
92 |
#92
Luxembourg
|
9.75 | 2019 | +6.2 % | NA | View data |