Romania - Higher Education Expenditure on R&D Financed by the Business Enterprise Sector
Since 2014, Romania Higher Education Expenditure on R&D Financed by the Business Enterprise Sector jumped by 0.5% year on year. With $17 Million PPP in 2019, the country was ranked number 40 among other countries in Higher Education Expenditure on R&D Financed by the Business Enterprise Sector. Romania is overtaken by Estonia, which was ranked number 39 at $19.68 Million PPP and is followed by Slovenia with $15.6 Million PPP. China ranked the highest with $9,388.03 Million PPP in 2019, that is +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 | 17.00 |
| 2018 | 16.02 |
| 2017 | 18.91 |
| 2016 | 16.23 |
| 2015 | 18.45 |
How does Romania 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 | |
| 39 |
#39
Estonia
|
19.68 | 2019 | -4.8 % | +13.3 % | View data | |
| 40 |
#40
Romania
|
17.00 | 2019 | +6.1 % | +0.5 % | View data | |
| 41 |
#41
Slovenia
|
15.60 | 2019 | -1.6 % | -4.7 % | View data | |