China - Business Enterprise Expenditure on R&D Performed in the Computer, Electronic and Optical Industry

Since 2014, China Business Enterprise Expenditure on R&D Performed in the Computer, Electronic and Optical Industry rose 6.5% year on year. At $56,900,817,272.09 Million PPP in 2019, the country was number 2 comparing other countries in Business Enterprise Expenditure on R&D Performed in the Computer, Electronic and Optical Industry. United States topped the ranking with $82,180,119,351.42 Million PPP in 2019, that is a growth of 2.3% versus 2018. Turkey witnessed the best average annual growth at +52.4% per year, while Sweden witnessed the worst performance at -29.2% per year.

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Date Million US Dollars PPP
2019 56,900,817,272.09
2018 54,691,645,423.26
2017 52,894,273,918.18
2016 50,059,902,702.75
2015 46,310,872,561.85
Download all data from 2000 to 2019

How does China rank in Business Enterprise Expenditure on R&D Performed in the Computer, Electronic and Optical Industry?

# 69 Countries Million US Dollars PPP Last YoY 5‑years CAGR
1 #1
United States
82,180,119,351.42 2019 +2.3 % +2.1 % View data
2 #2
China
56,900,817,272.09 2019 +4.0 % +6.5 % View data
3 #3
South Korea
35,562,344,869.55 2019 +3.7 % +3.2 % View data
4 #4
Taiwan
26,029,244,190.00 2019 +1.6 % +7.3 % View data
5 #5
Japan
25,702,296,494.73 2019 -2.9 % -1.7 % View data
Compare all 69 countries

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