Estonia - Business Enterprise Expenditure on R&D Performed in Total Manufacturing
Since 2014, Estonia Business Enterprise Expenditure on R&D Performed in Total Manufacturing rose 7.5% year on year. In 2019, the country was ranked number 37 comparing other countries in Business Enterprise Expenditure on R&D Performed in Total Manufacturing with $73,310,491.37 Million PPP. Estonia is overtaken by Lithuania, which was ranked number 36 at $109,087,858.26 Million PPP and is followed by Iceland at $70,546,251.08 Million PPP. China topped the ranking with $299,237,430,089.54 Million PPP in 2019, a growth of 3.9% compared to 2018. United States, Japan and Germany respectively ranked number 2, 3 and 4 in this ranking. Iceland witnessed the best average annual growth at +15.4% per year, while Finland witnessed the worst performance at -3.9% per year.
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| Date | Million US Dollars PPP |
|---|---|
| 2019 | 73,310,491.37 |
| 2018 | 74,208,239.61 |
| 2017 | 79,630,290.90 |
| 2016 | 64,989,142.51 |
| 2015 | 69,970,995.57 |
How does Estonia rank in Business Enterprise Expenditure on R&D Performed in Total Manufacturing?
| # | 38 Countries | Million US Dollars PPP | Last | YoY | 5‑years CAGR | ||
|---|---|---|---|---|---|---|---|
| 1 |
#1
China
|
299,237,430,089.54 | 2019 | +3.9 % | +4.8 % | View data | |
| 2 |
#2
United States
|
269,195,268,842.01 | 2019 | +2.4 % | +3.0 % | View data | |
| 36 |
#36
Lithuania
|
109,087,858.26 | 2019 | +3.4 % | -0.7 % | View data | |
| 37 |
#37
Estonia
|
73,310,491.37 | 2019 | -1.2 % | +7.5 % | View data | |
| 38 |
#38
Iceland
|
70,546,251.08 | 2019 | -0.8 % | +15.4 % | View data | |