Israel - Business Enterprise Expenditure on R&D in the Computer, Electronic and Optical Industry
Since 2014, Israel Business Enterprise Expenditure on R&D in the Computer, Electronic and Optical Industry was up 2.5% year on year. In 2019, the country was ranked number 10 among other countries in Business Enterprise Expenditure on R&D in the Computer, Electronic and Optical Industry at $1,714.32 PPP. Israel is overtaken by Switzerland, which was number 9 at $1,767.87 PPP and is followed by United Kingdom at $1,586.56 PPP. United States topped the ranking with $82,180.12 PPP in 2019, that is +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 witnessed the worst performance at -29.2% per year.
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| Date | US Dollars PPP |
|---|---|
| 2019 | 1,714.32 |
| 2018 | 1,688.39 |
| 2017 | 1,711.70 |
| 2016 | 1,545.65 |
| 2015 | 1,460.57 |
How does Israel 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 | |
| 9 |
#9
Switzerland
|
1,767.87 | 2019 | +2.4 % | +0.6 % | View data | |
| 10 |
#10
Israel
|
1,714.32 | 2019 | +1.5 % | +2.5 % | View data | |
| 11 |
#11
United Kingdom
|
1,586.56 | 2019 | +1.0 % | +1.9 % | View data | |