Romania - Gross Domestic Expenditure on R&D Financed by the Higher Education and Private Non-Profit Sectors
Since 2014, Romania Gross Domestic Expenditure on R&D Financed by the Higher Education and Private Non-Profit Sectors increased 0.8% year on year. In 2019, the country was number 42 comparing other countries in Gross Domestic Expenditure on R&D Financed by the Higher Education and Private Non-Profit Sectors at $25.09 Million PPP. Romania is overtaken by Slovakia, which was ranked number 41 at $29.83 Million PPP and is followed by Hungary with $23.53 Million PPP. United States topped the ranking with $43,853.06 Million PPP in 2019, an increase of 2.4% compared to 2018. Japan, Canada and United Kingdom respectively ranked number 2, 3 and 4 in this ranking. Lithuania recorded the best 5 years average growth at +60.9% per year, while Costa Rica witnessed the worst performance at -18.1% per year.
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| Date | Million US Dollars PPP |
|---|---|
| 2019 | 25.09 |
| 2018 | 17.35 |
| 2017 | 46.89 |
| 2016 | 27.42 |
| 2015 | 37.43 |
How does Romania rank in Gross Domestic Expenditure on R&D Financed by the Higher Education and Private Non-Profit Sectors?
| # | 54 Countries | Million US Dollars PPP | Last | YoY | 5‑years CAGR | ||
|---|---|---|---|---|---|---|---|
| 1 |
#1
United States
|
43,853.06 | 2019 | +2.4 % | +5.6 % | View data | |
| 2 |
#2
Japan
|
10,064.68 | 2019 | +1.9 % | -1.1 % | View data | |
| 41 |
#41
Slovakia
|
29.83 | 2019 | +5.0 % | -4.5 % | View data | |
| 42 |
#42
Romania
|
25.09 | 2019 | +44.6 % | +0.8 % | View data | |
| 43 |
#43
Hungary
|
23.53 | 2019 | +1.9 % | -0.0 % | View data | |