Germany - Business Enterprise Expenditure on R&D Performed in the Aerospace Industry
Since 2014, Germany Business Enterprise Expenditure on R&D Performed in the Aerospace Industry was down by 2.9% year on year. At $2,018,596,782.53 Million PPP in 2019, the country was ranked number 4 among other countries in Business Enterprise Expenditure on R&D Performed in the Aerospace Industry. Germany is overtaken by United Kingdom, which was ranked number 3 with $2,502,972,941.94 Million PPP and is followed by Italy with $1,897,905,915.36 Million PPP. United States ranked the highest with $27,176,603,073.86 Million PPP in 2019, an increase of 1% compared to 2018. South Korea witnessed the best average annual growth at +23.7% per year, while Iceland witnessed the worst performance at -100% per year.
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| Date | Million US Dollars PPP |
|---|---|
| 2019 | 2,018,596,782.53 |
| 2018 | 2,052,920,126.05 |
| 2017 | 2,013,739,890.54 |
| 2016 | 2,300,434,234.56 |
| 2015 | 2,194,332,130.86 |
How does Germany 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 |
| 3 |
#3
United Kingdom
|
2,502,972,941.94 | 2019 | +2.3 % | +3.2 % | View data |
| 4 |
#4
Germany
|
2,018,596,782.53 | 2019 | -1.7 % | -2.9 % | View data |
| 5 |
#5
Italy
|
1,897,905,915.36 | 2019 | +3.7 % | +12.6 % | View data |