The country ranked number 2 in 2021, the United States came ahead $26,320 Million PPP. China, Germany and France respectively came in numbers 2, 3 and 4 in this ranking.
How does China rank in Higher Education Expenditure on R&D Financed by Government?
| # | 48 Countries | Million US Dollars PPP, Constant | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 United States | 42,520 | 2023 | +0.21% | +1.33% | View data |
| 2 | 2 China | 31,230 | 2023 | +5.82% | +6.35% | |
| 3 | 3 Germany | 20,360 | 2023 | +2.04% | +1.85% | View data |
| 4 | 4 Japan | 10,770 | 2023 | +0.78% | +0.88% | View data |
| 5 | 5 France | 10,320 | 2023 | +0.95% | +0.56% | View data |