Belgium - Business Expenditure on R&D in Electrical Equipment and Electronics Manufacturing
Since 2014, Belgium Business Expenditure on R&D in Electrical Equipment and Electronics Manufacturing decreased by 3.5% year on year. With €11.2 Per Capita in 2019, the country was number 6 comparing other countries in Business Expenditure on R&D in Electrical Equipment and Electronics Manufacturing. Belgium is overtaken by United Kingdom, which was ranked number 5 at €11.4 Per Capita and is followed by Czech Republic at €9.4 Per Capita. Finland ranked the highest with €46.1 Per Capita in 2019, that is +9% compared to 2018. Sweden, South Korea and France respectively ranked number 2, 3 and 4 in this ranking. Poland witnessed the best average annual growth at +15.7% per year, while Belgium recorded the worst performance at -3.5% per year.
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| Date | Euros Per Capita |
|---|---|
| 2019 | 11.20 |
| 2018 | 11.40 |
| 2017 | 11.60 |
| 2016 | 11.10 |
| 2015 | 13.30 |
How does Belgium rank in Business Expenditure on R&D in Electrical Equipment and Electronics Manufacturing?
| # | 14 Countries | Euros Per Capita | Last | YoY | 5‑years CAGR | ||
|---|---|---|---|---|---|---|---|
| 1 |
#1
Finland
|
46.10 | 2019 | +9.0 % | -3.5 % | View data | |
| 2 |
#2
Sweden
|
30.00 | 2017 | NA | NA | View data | |
| 5 |
#5
United Kingdom
|
11.40 | 2019 | +3.6 % | +5.1 % | View data | |
| 6 |
#6
Belgium
|
11.20 | 2019 | -1.8 % | -3.5 % | View data | |
| 7 |
#7
Czech Republic
|
9.40 | 2019 | +4.4 % | +6.7 % | View data | |