Turkey - Business Enterprise Expenditure on R&D Performed in Total Manufacturing
Since 2014, Turkey Business Enterprise Expenditure on R&D Performed in Total Manufacturing grew 13.4% year on year. In 2019, the country was ranked number 11 among other countries in Business Enterprise Expenditure on R&D Performed in Total Manufacturing with $7,713,388,160.49 Million PPP. Turkey is overtaken by Switzerland, which was number 10 with $9,820,212,477.13 Million PPP and is followed by Austria at $7,081,347,962.68 Million PPP. China topped the ranking with $299,237,430,089.54 Million PPP in 2019, that is +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 was the worst growing country at -3.9% per year.
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| Date | Million US Dollars PPP |
|---|---|
| 2019 | 7,713,388,160.49 |
| 2018 | 7,299,984,992.25 |
| 2017 | 7,240,337,871.39 |
| 2016 | 6,164,387,165.16 |
| 2015 | 4,456,113,355.94 |
How does Turkey 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 | |
| 10 |
#10
Switzerland
|
9,820,212,477.13 | 2019 | +2.9 % | +3.9 % | View data | |
| 11 |
#11
Turkey
|
7,713,388,160.49 | 2019 | +5.7 % | +13.4 % | View data | |
| 12 |
#12
Austria
|
7,081,347,962.68 | 2019 | +3.3 % | +4.8 % | View data | |