Malaysia - Higher Education Expenditure on R&D Financed by the Business Enterprise Sector
Since 2014, Malaysia Higher Education Expenditure on R&D Financed by the Business Enterprise Sector fell by 13.3% year on year. In 2019, the country was ranked number 35 comparing other countries in Higher Education Expenditure on R&D Financed by the Business Enterprise Sector at $24.73 Million PPP. Malaysia is overtaken by New Zealand, which was ranked number 34 with $29.19 Million PPP and is followed by Chile with $22.44 Million PPP. China topped the ranking with $9,388.03 Million PPP in 2019, that is 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 | 24.73 |
| 2018 | 29.28 |
| 2017 | 33.92 |
| 2016 | 36.70 |
| 2015 | 44.41 |
How does Malaysia 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 | |
| 34 |
#34
New Zealand
|
29.19 | 2019 | +2.0 % | NA | View data | |
| 35 |
#35
Malaysia
|
24.73 | 2019 | -15.6 % | -13.3 % | View data | |
| 36 |
#36
Chile
|
22.44 | 2019 | -9.1 % | +2.9 % | View data | |