South Africa - Higher Education Expenditure on R&D Financed by the Business Enterprise Sector
Since 2014, South Africa Higher Education Expenditure on R&D Financed by the Business Enterprise Sector decreased by 1.3% year on year. In 2019, the country was ranked number 23 among other countries in Higher Education Expenditure on R&D Financed by the Business Enterprise Sector at $149.09 Million PPP. South Africa is overtaken by Singapore, which was ranked number 22 at $149.83 Million PPP and is followed by Turkey with $117.29 Million PPP. China ranked the highest with $9,388.03 Million PPP in 2019, a growth of 1.9% compared to 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 witnessed the worst performance at -35.2% per year.
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| Date | Million US Dollars PPP |
|---|---|
| 2019 | 149.09 |
| 2018 | 147.48 |
| 2017 | 145.84 |
| 2016 | 147.15 |
| 2015 | 132.23 |
How does South Africa 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 | |
| 22 |
#22
Singapore
|
149.83 | 2019 | +20.7 % | -5.5 % | View data | |
| 23 |
#23
South Africa
|
149.09 | 2019 | +1.1 % | -1.3 % | View data | |
| 24 |
#24
Turkey
|
117.29 | 2019 | -17.0 % | +11.5 % | View data | |