Romania - Business Enterprise Expenditure on R&D Performed in Total Manufacturing
Since 2014, Romania Business Enterprise Expenditure on R&D Performed in Total Manufacturing grew 8.5% year on year. At $506,002,650.89 Million PPP in 2019, the country was number 32 among other countries in Business Enterprise Expenditure on R&D Performed in Total Manufacturing. Romania is overtaken by Slovakia, which was number 31 at $590,307,277.15 Million PPP and is followed by New Zealand with $503,609,828.04 Million PPP. China lead the ranking with $299,237,430,089.54 Million PPP in 2019, that is an increase 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 | 506,002,650.89 |
| 2018 | 490,071,310.94 |
| 2017 | 484,283,627.71 |
| 2016 | 464,424,223.67 |
| 2015 | 379,319,651.34 |
How does Romania 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 | |
| 31 |
#31
Slovakia
|
590,307,277.15 | 2019 | +5.3 % | +11.5 % | 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 | |