Taiwan - Business Enterprise Expenditure on R&D Performed in Total Manufacturing
Since 2014, Taiwan Business Enterprise Expenditure on R&D Performed in Total Manufacturing jumped by 7% year on year. In 2019, the country was ranked number 6 comparing other countries in Business Enterprise Expenditure on R&D Performed in Total Manufacturing at $32,294,899,459.94 Million PPP. Taiwan is overtaken by South Korea, which was number 5 at $62,283,714,503.04 Million PPP and is followed by France at $21,580,138,181.94 Million PPP. China ranked the highest 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 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 | 32,294,899,459.94 |
| 2018 | 31,863,858,315.86 |
| 2017 | 28,254,220,721.10 |
| 2016 | 25,396,173,752.31 |
| 2015 | 23,986,259,476.56 |
How does Taiwan 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 | |
| 5 |
#5
South Korea
|
62,283,714,503.04 | 2019 | +3.7 % | +4.1 % | View data | |
| 6 |
#6
Taiwan
|
32,294,899,459.94 | 2019 | +1.4 % | +7.0 % | View data | |
| 7 |
#7
France
|
21,580,138,181.94 | 2019 | +1.5 % | +1.9 % | View data | |