Slovakia - Higher Education Expenditure on R&D Financed by the Business Enterprise Sector
Since 2014, Slovakia Higher Education Expenditure on R&D Financed by the Business Enterprise Sector decreased by 20.2% year on year. In 2019, the country was ranked number 47 comparing other countries in Higher Education Expenditure on R&D Financed by the Business Enterprise Sector at $3.76 Million PPP. Slovakia is overtaken by Vietnam, which was number 46 with $4.03 Million PPP and is followed by Argentina at $3.7 Million PPP. China topped the ranking with $9,388.03 Million PPP in 2019, that is an increase of 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 was the worst growing country at -35.2% per year.
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Date | Million US Dollars PPP |
---|---|
2019 | 3.76 |
2018 | 2.36 |
2017 | 7.61 |
2016 | 6.68 |
2015 | 13.23 |
How does Slovakia 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 | |
46 |
#46
Vietnam
|
4.03 | 2019 | +3.7 % | NA | View data | |
47 |
#47
Slovakia
|
3.76 | 2019 | +58.9 % | -20.2 % | View data | |
48 |
#48
Argentina
|
3.70 | 2019 | +0.9 % | +1.4 % | View data |