New Zealand - Business Enterprise Expenditure on R&D Performed in Total Manufacturing
Since 2014, New Zealand Business Enterprise Expenditure on R&D Performed in Total Manufacturing was up 4.4% year on year. With $503,609,828.04 Million PPP in 2019, the country was ranked number 33 comparing other countries in Business Enterprise Expenditure on R&D Performed in Total Manufacturing. New Zealand is overtaken by Romania, which was ranked number 32 at $506,002,650.89 Million PPP and is followed by Greece with $490,908,392.78 Million PPP. China lead the ranking with $299,237,430,089.54 Million PPP in 2019, that is an increase of 3.9% versus 2018. United States, Japan and Germany respectively ranked number 2, 3 and 4 in this ranking. Iceland recorded the best 5 years average 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 | 503,609,828.04 |
| 2018 | 488,478,328.55 |
| 2017 | 473,038,022.94 |
| 2016 | 457,282,609.06 |
| 2015 | 454,770,955.88 |
How does New Zealand 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 | |
| 32 |
#32
Romania
|
506,002,650.89 | 2019 | +3.3 % | +8.5 % | View data | |
| 33 |
#33
New Zealand
|
503,609,828.04 | 2019 | +3.1 % | +4.4 % | View data | |
| 34 |
#34
Greece
|
490,908,392.78 | 2019 | +3.9 % | +14.3 % | View data | |