Taiwan - Higher Education Expenditure on R&D Financed by the Business Enterprise Sector
Since 2014, Taiwan Higher Education Expenditure on R&D Financed by the Business Enterprise Sector increased 7% year on year. In 2019, the country was ranked number 13 comparing other countries in Higher Education Expenditure on R&D Financed by the Business Enterprise Sector with $393.11 Million PPP. Taiwan is overtaken by Australia, which was number 12 at $422.94 Million PPP and is followed by France at $390.92 Million PPP. China ranked the highest with $9,388.03 Million PPP in 2019, a growth 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 was the worst growing country at -35.2% per year.
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| Date | Million US Dollars PPP |
|---|---|
| 2019 | 393.11 |
| 2018 | 382.42 |
| 2017 | 351.76 |
| 2016 | 327.44 |
| 2015 | 312.19 |
How does Taiwan 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 | |
| 12 |
#12
Australia
|
422.94 | 2019 | +3.0 % | +3.7 % | View data | |
| 13 |
#13
Taiwan
|
393.11 | 2019 | +2.8 % | +7.0 % | View data | |
| 14 |
#14
France
|
390.92 | 2019 | +3.0 % | +3.0 % | View data | |