Spain - Higher Education Expenditure on R&D Financed by the Business Enterprise Sector
Since 2014, Spain Higher Education Expenditure on R&D Financed by the Business Enterprise Sector grew 0.5% year on year. In 2019, the country was ranked number 16 among other countries in Higher Education Expenditure on R&D Financed by the Business Enterprise Sector with $332.17 Million PPP. Spain is overtaken by Belgium, which was ranked number 15 at $384.65 Million PPP and is followed by Austria with $179.01 Million PPP. China lead 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 recorded the best 5 years average growth at +38.6% per year, while Croatia recorded the worst performance at -35.2% per year.
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| Date | Million US Dollars PPP |
|---|---|
| 2019 | 332.17 |
| 2018 | 341.96 |
| 2017 | 314.39 |
| 2016 | 292.35 |
| 2015 | 317.50 |
How does Spain 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 | |
| 15 |
#15
Belgium
|
384.65 | 2019 | +3.5 % | +6.0 % | View data | |
| 16 |
#16
Spain
|
332.17 | 2019 | -2.9 % | +0.5 % | View data | |
| 17 |
#17
Austria
|
179.01 | 2019 | +2.7 % | NA | View data | |