China - Business Enterprise Expenditure on R&D Performed in Total Manufacturing
Since 2014, China Business Enterprise Expenditure on R&D Performed in Total Manufacturing jumped by 4.8% year on year. With $299,237,430,089.54 Million PPP in 2019, the country was number 1 among other countries in Business Enterprise Expenditure on R&D Performed in Total Manufacturing. United States, Japan and Germany respectively ranked number 2, 3 and 4 in this ranking. Iceland recorded the best 5 years average 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 | 299,237,430,089.54 |
| 2018 | 288,002,254,954.36 |
| 2017 | 277,458,952,576.42 |
| 2016 | 264,988,019,741.51 |
| 2015 | 249,048,873,790.77 |
Download all data from 2000 to 2019
How does China 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 |
| 3 |
#3
Japan
|
119,119,378,495.47 | 2019 | +1.2 % | +0.9 % | View data |
| 4 |
#4
Germany
|
81,987,817,532.98 | 2019 | +3.1 % | +5.0 % | View data |
| 5 |
#5
South Korea
|
62,283,714,503.04 | 2019 | +3.7 % | +4.1 % | View data |