Turkey - Share of Higher Education Expenditure on R&D Financed by the Business Sector
Since 2012, Turkey Share of Higher Education Expenditure on R&D Financed by the Business Sector was up 5.8points year on year. In 2017, the country was ranked number 44 among other countries in Share of Higher Education Expenditure on R&D Financed by the Business Sector with 1.29 Percent. Turkey is overtaken by Luxembourg, which was number 43 with 1.3 Percent and is followed by Cyprus at 0.92 Percent. Russia topped the ranking with 28.95 Percent in 2019, a decrease 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 recorded the worst performance at -62points per year.
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| Date | Percent |
|---|---|
| 2017 | 1.29 |
| 2016 | 1.21 |
| 2015 | 1.17 |
| 2014 | 1.05 |
| 2013 | 0.82 |
How does Turkey 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 | |
| 43 |
#43
Luxembourg
|
1.30 % | 2019 | +2.0 % | NA | View data | |
| 44 |
#44
Turkey
|
1.29 % | 2017 | +6.3 % | +5.8 % | View data | |
| 45 |
#45
Cyprus
|
0.92 % | 2019 | -4.0 % | +12.7 % | View data | |