Finland - Business Enterprise Expenditure on R&D Performed in Total Manufacturing
Since 2014, Finland Business Enterprise Expenditure on R&D Performed in Total Manufacturing decreased by 3.9% year on year. At $2,830,378,488.21 Million PPP in 2019, the country was ranked number 21 among other countries in Business Enterprise Expenditure on R&D Performed in Total Manufacturing. Finland is overtaken by Australia, which was number 20 with $3,164,208,732.27 Million PPP and is followed by Czech Republic at $2,827,015,346.87 Million PPP. China topped the ranking with $299,237,430,089.54 Million PPP in 2019, a growth of 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 witnessed the worst performance at -3.9% per year.
Loading...
| Date | Million US Dollars PPP |
|---|---|
| 2019 | 2,830,378,488.21 |
| 2018 | 2,870,041,039.25 |
| 2017 | 2,918,369,014.81 |
| 2016 | 2,845,682,667.60 |
| 2015 | 2,992,934,199.27 |
How does Finland 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 | |
| 20 |
#20
Australia
|
3,164,208,732.27 | 2019 | +1.2 % | +0.7 % | View data | |
| 21 |
#21
Finland
|
2,830,378,488.21 | 2019 | -1.4 % | -3.9 % | View data | |
| 22 |
#22
Czech Republic
|
2,827,015,346.87 | 2019 | +0.9 % | +8.2 % | View data | |