United Kingdom - Higher Education Expenditure on R&D Financed by the Business Enterprise Sector
Since 2014, United Kingdom Higher Education Expenditure on R&D Financed by the Business Enterprise Sector was up 3.4% year on year. In 2019, the country was ranked number 8 among other countries in Higher Education Expenditure on R&D Financed by the Business Enterprise Sector at $569.27 Million PPP. United Kingdom is overtaken by Japan, which was number 7 at $638.87 Million PPP and is followed by Switzerland with $554.24 Million PPP. China lead the ranking with $9,388.03 Million PPP in 2019, an increase of 1.9% versus 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 | 569.27 |
| 2018 | 565.69 |
| 2017 | 524.68 |
| 2016 | 508.51 |
| 2015 | 503.78 |
How does United Kingdom 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 | |
| 7 |
#7
Japan
|
638.87 | 2019 | -0.6 % | +3.2 % | View data | |
| 8 |
#8
United Kingdom
|
569.27 | 2019 | +0.6 % | +3.4 % | View data | |
| 9 |
#9
Switzerland
|
554.24 | 2019 | +3.9 % | +4.7 % | View data | |