Hungary - Production Value of Biotechnology Research and Experimental Development
Since 2014, Hungary Production Value of Biotechnology Research and Experimental Development increased 4.1% year on year. With €92.8 Million in 2019, the country was number 13 comparing other countries in Production Value of Biotechnology Research and Experimental Development. Hungary is overtaken by Poland, which was ranked number 12 at €101 Million and is followed by Serbia with €71.6 Million. Germany lead the ranking with €2,560.7 Million in 2019, a fall of 5.7% compared to 2018. United Kingdom, France and Belgium respectively ranked number 2, 3 and 4 in this ranking. United Kingdom witnessed the best average annual growth at +47.4% per year, while Slovakia witnessed the worst performance at -11.7% per year.
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| Date | Million Euros |
|---|---|
| 2019 | 92.80 |
| 2018 | 91.30 |
| 2017 | 78.40 |
| 2016 | 78.50 |
| 2015 | 88.50 |
How does Hungary rank in Production Value of Biotechnology Research and Experimental Development?
| # | 25 Countries | Million Euros | Last | YoY | 5‑years CAGR | ||
|---|---|---|---|---|---|---|---|
| 1 |
#1
Germany
|
2,560.70 | 2019 | -5.7 % | +15.8 % | View data | |
| 2 |
#2
United Kingdom
|
2,401.30 | 2019 | +1.8 % | +47.4 % | View data | |
| 12 |
#12
Poland
|
101.00 | 2019 | +1.8 % | +30.2 % | View data | |
| 13 |
#13
Hungary
|
92.80 | 2019 | +1.6 % | +4.0 % | View data | |
| 14 |
#14
Serbia
|
71.60 | 2018 | +9.3 % | NA | View data | |