Luxembourg - Share of Higher Education Expenditure on R&D Financed by the Business Sector
At 1.3 Percent in 2019, the country was number 43 comparing other countries in Share of Higher Education Expenditure on R&D Financed by the Business Sector. Luxembourg is overtaken by Chile, which was number 42 at 1.94 Percent and is followed by Turkey with 1.29 Percent. Russia ranked the highest with 28.95 Percent in 2019, a fall of 0.4points versus 2018. China, Bulgaria and Ukraine respectively ranked number 2, 3 and 4 in this ranking. Italy recorded the best 5 years average growth at +32.9points per year, while Iceland was the worst growing country at -62points per year.
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| Date | Percent |
|---|---|
| 2019 | 1.30 |
| 2018 | 1.28 |
| 2017 | 1.29 |
| 2016 | 1.18 |
| 2015 | 1.06 |
Download all data from 2005 to 2019
How does Luxembourg 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 | |
| 42 |
#42
Chile
|
1.94 % | 2019 | -13.0 % | -10.0 % | View data | |
| 43 |
#43
Luxembourg
|
1.30 % | 2019 | +2.0 % | NA | View data | |
| 44 |
#44
Turkey
|
1.29 % | 2017 | +6.3 % | +5.8 % | View data | |