Luxembourg - Higher Education Expenditure on R&D Financed by the Business Enterprise Sector
At $2.44 Million PPP in 2019, the country was number 49 among other countries in Higher Education Expenditure on R&D Financed by the Business Enterprise Sector. Luxembourg is overtaken by Argentina, which was number 48 with $3.7 Million PPP and is followed by Egypt with $2.01 Million PPP. China lead the ranking with $9,388.03 Million PPP in 2019, that is an increase of 1.9% versus 2018. United States, Germany and Russia respectively ranked number 2, 3 and 4 in this ranking. Italy witnessed the best average annual growth at +38.6% per year, while Croatia recorded the worst performance at -35.2% per year.
Loading...
| Date | Million US Dollars PPP |
|---|---|
| 2019 | 2.44 |
| 2018 | 2.29 |
| 2017 | 2.25 |
| 2016 | 1.88 |
| 2015 | 1.48 |
Download all data from 2005 to 2019
How does Luxembourg 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 | |
| 48 |
#48
Argentina
|
3.70 | 2019 | +0.9 % | +1.4 % | View data | |
| 49 |
#49
Luxembourg
|
2.44 | 2019 | +6.3 % | NA | View data | |
| 50 |
#50
Egypt
|
2.01 | 2019 | -15.8 % | +3.8 % | View data | |