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
Download all data from 1981 to 2019

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
Compare all 104 countries

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