Iceland - Business Enterprise Expenditure on R&D Performed in Total Manufacturing
Since 2014, Iceland Business Enterprise Expenditure on R&D Performed in Total Manufacturing rose 15.4% year on year. At $70,546,251.08 Million PPP in 2019, the country was ranked number 38 comparing other countries in Business Enterprise Expenditure on R&D Performed in Total Manufacturing. China ranked the highest with $299,237,430,089.54 Million PPP in 2019, a growth of 3.9% versus 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 was the worst growing country at -3.9% per year.
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| Date | Million US Dollars PPP |
|---|---|
| 2019 | 70,546,251.08 |
| 2018 | 71,124,380.36 |
| 2017 | 59,749,718.52 |
| 2016 | 52,060,745.25 |
| 2015 | 49,650,251.66 |
Download all data from 2013 to 2019
How does Iceland 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 | |
| 37 |
#37
Estonia
|
73,310,491.37 | 2019 | -1.2 % | +7.5 % | View data | |
| 38 |
#38
Iceland
|
70,546,251.08 | 2019 | -0.8 % | +15.4 % | View data | |