Canada - Business Enterprise Expenditure on R&D Performed in Total Manufacturing
Since 2014, Canada Business Enterprise Expenditure on R&D Performed in Total Manufacturing jumped by 1.6% year on year. In 2019, the country was number 17 among other countries in Business Enterprise Expenditure on R&D Performed in Total Manufacturing at $5,335,710,473.46 Million PPP. Canada is overtaken by Spain, which was ranked number 16 at $5,741,540,304.98 Million PPP and is followed by Denmark with $3,561,383,422.87 Million PPP. China lead 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 recorded the worst performance at -3.9% per year.
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| Date | Million US Dollars PPP |
|---|---|
| 2019 | 5,335,710,473.46 |
| 2018 | 5,373,151,538.47 |
| 2017 | 5,415,295,015.35 |
| 2016 | 5,560,001,264.07 |
| 2015 | 5,301,219,507.71 |
How does Canada 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 | |
| 16 |
#16
Spain
|
5,741,540,304.98 | 2019 | +2.2 % | +4.2 % | View data | |
| 17 |
#17
Canada
|
5,335,710,473.46 | 2019 | -0.7 % | +1.6 % | View data | |
| 18 |
#18
Denmark
|
3,561,383,422.87 | 2019 | +2.2 % | +4.1 % | View data | |