Hungary - Turnover of Biotechnology Research and Experimental Development
Since 2014, Hungary Turnover of Biotechnology Research and Experimental Development increased 5.8% year on year. In 2019, the country was number 10 among other countries in Turnover of Biotechnology Research and Experimental Development at €116 Million. Hungary is overtaken by Sweden, which was number 9 with €158.8 Million and is followed by Iceland with €102.4 Million. Germany topped the ranking with €2,904.8 Million in 2019, that is a fall of 5% versus 2018. United Kingdom, France and Belgium respectively ranked number 2, 3 and 4 in this ranking. Lithuania witnessed the best average annual growth at +38.6% per year, while Slovakia was the worst growing country at -10.4% per year.
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| Date | Million Euros |
|---|---|
| 2019 | 116.00 |
| 2018 | 113.10 |
| 2017 | 100.20 |
| 2016 | 92.90 |
| 2015 | 108.90 |
Download all data from 2008 to 2019
How does Hungary rank in Turnover of Biotechnology Research and Experimental Development?
| # | 25 Countries | Million Euros | Last | YoY | 5‑years CAGR | ||
|---|---|---|---|---|---|---|---|
| 1 |
#1
Germany
|
2,904.80 | 2019 | -5.0 % | +18.4 % | View data | |
| 2 |
#2
United Kingdom
|
2,235.50 | 2019 | +3.3 % | +31.4 % | View data | |
| 9 |
#9
Sweden
|
158.80 | 2019 | +0.8 % | +7.2 % | View data | |
| 10 |
#10
Hungary
|
116.00 | 2019 | +2.6 % | +5.8 % | View data | |
| 11 |
#11
Iceland
|
102.40 | 2018 | +7.2 % | +11.2 % | View data | |