Romania - Higher Education Expenditure on R&D Financed from General University Funds
Since 2014, Romania Higher Education Expenditure on R&D Financed from General University Funds fell by 9.4% year on year. At $24.44 Million PPP in 2019, the country was number 30 among other countries in Higher Education Expenditure on R&D Financed from General University Funds. Romania is overtaken by Malta, which was number 29 with $33.8 Million PPP and is followed by Slovenia at $7.91 Million PPP. Japan topped the ranking with $7,618.5 Million PPP in 2019, that is an increase of 1.3% versus 2018. Italy, Australia and France respectively ranked number 2, 3 and 4 in this ranking. South Africa recorded the best 5 years average growth at +8.8% per year, while Romania witnessed the worst performance at -9.4% per year.
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| Date | Million US Dollars PPP |
|---|---|
| 2019 | 24.44 |
| 2018 | 31.09 |
| 2017 | 31.03 |
| 2016 | 26.96 |
| 2015 | 78.83 |
How does Romania rank in Higher Education Expenditure on R&D Financed from General University Funds?
| # | 31 Countries | Million US Dollars PPP | Last | YoY | 5‑years CAGR | ||
|---|---|---|---|---|---|---|---|
| 1 |
#1
Japan
|
7,618.50 | 2019 | +1.3 % | -1.1 % | View data | |
| 2 |
#2
Italy
|
5,770.60 | 2019 | +0.2 % | +0.5 % | View data | |
| 29 |
#29
Malta
|
33.80 | 2019 | +3.6 % | +3.7 % | View data | |
| 30 |
#30
Romania
|
24.44 | 2019 | -21.4 % | -9.4 % | View data | |
| 31 |
#31
Slovenia
|
7.91 | 2019 | -1.1 % | +6.6 % | View data | |