Portugal - Business Enterprise Expenditure on R&D Performed in Total Manufacturing
Since 2014, Portugal Business Enterprise Expenditure on R&D Performed in Total Manufacturing rose 4.8% year on year. With $940,017,591.23 Million PPP in 2019, the country was number 28 among other countries in Business Enterprise Expenditure on R&D Performed in Total Manufacturing. Portugal is overtaken by Mexico, which was ranked number 27 at $1,085,444,464.13 Million PPP and is followed by Slovenia with $841,954,514.94 Million PPP. China topped the ranking with $299,237,430,089.54 Million PPP in 2019, an increase of 3.9% compared to 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 | 940,017,591.23 |
| 2018 | 910,913,244.76 |
| 2017 | 897,656,015.65 |
| 2016 | 846,567,433.82 |
| 2015 | 705,518,545.96 |
How does Portugal 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 | |
| 27 |
#27
Mexico
|
1,085,444,464.13 | 2019 | -0.8 % | +1.2 % | View data | |
| 28 |
#28
Portugal
|
940,017,591.23 | 2019 | +3.2 % | +4.8 % | View data | |
| 29 |
#29
Slovenia
|
841,954,514.94 | 2019 | +2.7 % | +1.8 % | View data | |