Finland - Business Enterprise Expenditure on R&D Performed in the Aerospace Industry
Since 2014, Finland Business Enterprise Expenditure on R&D Performed in the Aerospace Industry jumped by 9.4% year on year. With $8,213,785.72 Million PPP in 2019, the country was number 13 among other countries in Business Enterprise Expenditure on R&D Performed in the Aerospace Industry. Finland is overtaken by Austria, which was number 12 with $85,174,878.24 Million PPP and is followed by Romania with $3,865,994.93 Million PPP. United States lead the ranking with $27,176,603,073.86 Million PPP in 2019, that is an increase of 1% versus 2018. France, United Kingdom and Germany respectively ranked number 2, 3 and 4 in this ranking. South Korea recorded the best 5 years average growth at +23.7% per year, while Iceland was the worst growing country at -100% per year.
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| Date | Million US Dollars PPP |
|---|---|
| 2019 | 8,213,785.72 |
| 2018 | 7,995,512.61 |
| 2017 | 7,986,260.41 |
| 2016 | 6,810,568.81 |
| 2015 | 8,374,617.99 |
How does Finland 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 | |
| 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 | |
| 14 |
#14
Romania
|
3,865,994.93 | 2019 | +1.9 % | -13.1 % | View data | |