Thailand - Share of Higher Education Expenditure on R&D Financed by the Business Sector
Since 2011, Thailand Share of Higher Education Expenditure on R&D Financed by the Business Sector grew 28.5points year on year. In 2016, the country was ranked number 8 comparing other countries in Share of Higher Education Expenditure on R&D Financed by the Business Sector with 12.16 Percent. Thailand is overtaken by Kazakhstan, which was number 7 at 12.21 Percent and is followed by Belgium at 12 Percent. Russia ranked the highest with 28.95 Percent in 2019, a fall of 0.4points versus 2018. China, Bulgaria and Ukraine respectively ranked number 2, 3 and 4 in this ranking. Italy witnessed the best average annual growth at +32.9points per year, while Iceland was the worst growing country at -62points per year.
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| Date | Percent |
|---|---|
| 2016 | 12.16 |
| 2015 | 12.88 |
| 2014 | |
| 2013 | |
| 2012 |
How does Thailand rank in Share of Higher Education Expenditure on R&D Financed by the Business Sector?
| # | 52 Countries | Percent | Last | YoY | 5‑years CAGR | ||
|---|---|---|---|---|---|---|---|
| 1 |
#1
Russia
|
28.95 % | 2019 | -0.4 % | +1.2 % | View data | |
| 2 |
#2
China
|
26.37 % | 2019 | -0.7 % | -4.8 % | View data | |
| 7 |
#7
Kazakhstan
|
12.21 % | 2019 | -14.2 % | +17.5 % | View data | |
| 8 |
#8
Thailand
|
12.16 % | 2016 | -5.6 % | +28.5 % | View data | |
| 9 |
#9
Belgium
|
12.00 % | 2019 | +0.3 % | +0.6 % | View data | |