The country ranked number 2 in 2021, the United States came ahead $26,720 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?
| # | 42 Countries | Million US Dollars PPP | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 United States | 52,320 | 2023 | +4.2% | +4.51% | View data |
| 2 | 2 China | 34,600 | 2023 | +7.51% | +8.52% | |
| 3 | 3 Germany | 25,070 | 2023 | +3.74% | +3.98% | View data |
| 4 | 4 France | 12,810 | 2023 | +2.14% | +3.18% | View data |
| 5 | 5 Japan | 11,310 | 2023 | +1.45% | +1.94% | View data |
