Business Enterprise Expenditure on R&D Performed in the Pharmaceutical Industry
This key economic indicator for the Pharmaceutical sector has been recently updated.
- China grew 4.5% of Business Enterprise Expenditure on R&D Performed in the Pharmaceutical Industry in 2019, compared to a year earlier.
- Since 2014 China Business Enterprise Expenditure on R&D Performed in the Pharmaceutical Industry rose 6.1% year on year at $13,956,388,273.35 Million PPP.
- In 2019 United States was ranked number 1 in Business Enterprise Expenditure on R&D Performed in the Pharmaceutical Industry.
- In 2019 Austria was ranked number 15 in Business Enterprise Expenditure on R&D Performed in the Pharmaceutical Industry with $427,223,717.42 Million PPP, compared to 17 in 2018.
Top Countries in Business Enterprise Expenditure on R&D Performed in the Pharmaceutical Industry
| # | 69 Countries | Million US Dollars PPP | Last | YoY | 5‑years CAGR | |
|---|---|---|---|---|---|---|
| 1 |
#1
United States
|
70,565,318,932.39 | 2019 | +3.3 % | +4.5 % | View data |
| 2 |
#2
China
|
13,956,388,273.35 | 2019 | +4.5 % | +6.1 % | View data |
| 3 |
#3
Japan
|
13,899,037,124.73 | 2019 | +3.5 % | -0.9 % | View data |
| 4 |
#4
Germany
|
6,508,976,256.92 | 2019 | +2.7 % | +4.4 % | View data |
| 5 |
#5
Switzerland
|
5,040,677,150.71 | 2019 | +3.2 % | +3.8 % | View data |
| 6 |
#6
Belgium
|
3,043,879,424.39 | 2019 | +4.4 % | +9.3 % | View data |
| 7 |
#7
South Korea
|
1,800,532,171.69 | 2019 | +4.1 % | +6.9 % | View data |
| 8 |
#8
Denmark
|
1,510,421,981.56 | 2019 | +2.8 % | +5.4 % | View data |
| 9 |
#9
Spain
|
1,127,374,718.22 | 2019 | +2.6 % | +5.3 % | View data |
| 10 |
#10
France
|
1,080,008,891.00 | 2019 | -0.1 % | +0.4 % | View data |
| 11 |
#11
Italy
|
894,380,465.38 | 2019 | +2.0 % | +5.3 % | View data |
| 12 |
#12
Sweden
|
847,585,097.10 | 2019 | -0.1 % | +2.1 % | View data |
| 13 |
#13
Taiwan
|
581,419,961.53 | 2019 | +7.2 % | +3.5 % | View data |
| 14 |
#14
United Kingdom
|
542,693,029.31 | 2019 | -1.0 % | -1.1 % | View data |
| 15 |
#15
Austria
|
427,223,717.42 | 2019 | +3.0 % | +2.4 % | View data |
| 16 |
#16
Hungary
|
426,636,826.27 | 2019 | +1.7 % | -0.3 % | View data |
| 17 |
#17
Canada
|
420,159,373.17 | 2019 | -1.6 % | +2.3 % | View data |
| 18 |
#18
Ireland
|
407,799,563.58 | 2019 | +3.8 % | +16.9 % | View data |
| 19 |
#19
Slovenia
|
343,555,237.12 | 2019 | +3.1 % | +4.5 % | View data |
| 20 |
#20
Netherlands
|
289,193,594.01 | 2019 | -3.4 % | -1.8 % | View data |
| 21 |
#21
Israel
|
287,878,980.84 | 2019 | -0.9 % | +0.6 % | View data |
| 22 |
#22
Poland
|
268,990,772.83 | 2019 | +5.0 % | +12.3 % | View data |
| 23 |
#23
Turkey
|
231,137,855.44 | 2019 | +3.0 % | +3.1 % | View data |
| 24 |
#24
Portugal
|
178,795,494.19 | 2019 | +3.3 % | +6.6 % | View data |
| 25 |
#25
Finland
|
174,819,523.26 | 2019 | +2.0 % | +3.3 % | View data |
| 26 |
#26
Czech Republic
|
108,981,820.05 | 2019 | -1.9 % | +5.2 % | View data |
| 27 |
#27
Greece
|
83,431,205.22 | 2019 | +0.1 % | +0.1 % | View data |
| 28 |
#28
Norway
|
36,963,598.93 | 2019 | -2.1 % | +0.1 % | View data |
| 29 |
#29
Chile
|
28,786,954.10 | 2015 | +2.7 % | +15.9 % | View data |
| 30 |
#30
Romania
|
26,524,562.71 | 2019 | +1.3 % | -7.3 % | View data |
| 31 |
#31
Slovakia
|
4,291,243.82 | 2019 | -17.4 % | -13.2 % | View data |
| 32 |
#32
Iceland
|
1,474,601.40 | 2019 | +0.9 % | +43.9 % | View data |
| 33 |
#33
Estonia
|
1,275,641.95 | 2019 | -0.9 % | -9.8 % | View data |
| 34 |
#34
Lithuania
|
1,065,743.71 | 2019 | -29.1 % | -42.6 % | View data |
| 65 |
#65
Latvia
|
7.56 | 2019 | -0.3 % | +6.8 % | View data |
Source: OECD