Lithuania - Higher Education Expenditure on R&D Financed by the Business Enterprise Sector
Since 2014, Lithuania Higher Education Expenditure on R&D Financed by the Business Enterprise Sector decreased by 18.9% year on year. In 2019, the country was ranked number 37 among other countries in Higher Education Expenditure on R&D Financed by the Business Enterprise Sector at $21.62 Million PPP. Lithuania is overtaken by Chile, which was number 36 with $22.44 Million PPP and is followed by Ukraine with $20.62 Million PPP. China ranked the highest with $9,388.03 Million PPP in 2019, a growth of 1.9% versus 2018. United States, Germany and Russia respectively ranked number 2, 3 and 4 in this ranking. Italy recorded the best 5 years average 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 | 21.62 |
| 2018 | 21.79 |
| 2017 | 20.52 |
| 2016 | 35.58 |
| 2015 | 56.14 |
How does Lithuania 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 | |
| 36 |
#36
Chile
|
22.44 | 2019 | -9.1 % | +2.9 % | View data | |
| 37 |
#37
Lithuania
|
21.62 | 2019 | -0.8 % | -18.9 % | View data | |
| 38 |
#38
Ukraine
|
20.62 | 2019 | -2.9 % | -5.1 % | View data | |