Austria - Business Enterprise Expenditure on R&D Performed in the Aerospace Industry
Since 2014, Austria Business Enterprise Expenditure on R&D Performed in the Aerospace Industry jumped by 7.2% year on year. At $85,174,878.24 Million PPP in 2019, the country was ranked number 12 among other countries in Business Enterprise Expenditure on R&D Performed in the Aerospace Industry. Austria is overtaken by Czech Republic, which was number 11 with $89,079,136.85 Million PPP and is followed by Finland with $8,213,785.72 Million PPP. United States topped the ranking with $27,176,603,073.86 Million PPP in 2019, a growth of 1% compared to 2018. France, United Kingdom and Germany respectively ranked number 2, 3 and 4 in this ranking. South Korea witnessed the best average annual growth at +23.7% per year, while Iceland witnessed the worst performance at -100% per year.
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| Date | Million US Dollars PPP |
|---|---|
| 2019 | 85,174,878.24 |
| 2018 | 81,507,434.10 |
| 2017 | 75,947,893.23 |
| 2016 | 79,783,512.51 |
| 2015 | 73,159,382.44 |
How does Austria rank in Business Enterprise Expenditure on R&D Performed in the Aerospace Industry?
| # | 17 Countries | Million US Dollars PPP | Last | YoY | 5‑years CAGR | ||
|---|---|---|---|---|---|---|---|
| 1 |
#1
United States
|
27,176,603,073.86 | 2019 | +0.9 % | +0.8 % | View data | |
| 2 |
#2
France
|
3,578,650,510.73 | 2019 | +0.6 % | -2.0 % | View data | |
| 11 |
#11
Czech Republic
|
89,079,136.85 | 2019 | +6.1 % | +5.1 % | View data | |
| 12 |
#12
Austria
|
85,174,878.24 | 2019 | +4.5 % | +7.2 % | View data | |
| 13 |
#13
Finland
|
8,213,785.72 | 2019 | +2.7 % | +9.4 % | View data | |