Iceland - Business Enterprise Expenditure on R&D in the Computer, Electronic and Optical Industry

Since 2014, Iceland Business Enterprise Expenditure on R&D in the Computer, Electronic and Optical Industry grew 8.3% year on year. In 2019, the country was number 34 among other countries in Business Enterprise Expenditure on R&D in the Computer, Electronic and Optical Industry with $4.23 PPP. Iceland is overtaken by Latvia, which was number 33 with $7.35 PPP and is followed by Chile with $1 PPP. United States lead the ranking with $82,180.12 PPP in 2019, +2.3% versus 2018. China, South Korea and Taiwan respectively ranked number 2, 3 and 4 in this ranking. Turkey witnessed the best average annual growth at +52.4% per year, while Sweden was the worst growing country at -29.2% per year.

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Date US Dollars PPP
2019 4.23
2018 4.38
2017 3.61
2016 2.88
2015 2.37
Download all data from 2013 to 2019

How does Iceland rank in Business Enterprise Expenditure on R&D in the Computer, Electronic and Optical Industry?

# 35 Countries US Dollars PPP Last YoY 5‑years CAGR
1 #1
United States
82,180.12 2019 +2.3 % +2.1 % View data
2 #2
China
67,545.03 2019 +4.6 % +8.6 % View data
33 #33
Latvia
7.35 2019 +3.3 % +4.7 % View data
34 #34
Iceland
4.23 2019 -3.4 % +8.3 % View data
35 #35
Chile
1.00 2015 -41.4 % +23.1 % View data
Compare all 35 countries

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