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

Million US Dollars PPP - 1991 to 2019

Since 2014, Israel Business Enterprise Expenditure on R&D Performed in the Computer, Electronic and Optical Industry jumped by 2.5% year on year. At $1,714,318,639.54 Million PPP in 2019, the country was number 10 among other countries in Business Enterprise Expenditure on R&D Performed in the Computer, Electronic and Optical Industry. Israel is overtaken by Switzerland, which was ranked number 9 with $1,767,870,295.11 Million PPP and is followed by United Kingdom at $1,586,556,620.05 Million PPP. United States lead the ranking with $82,180,119,351.42 Million PPP in 2019, +2.3% versus 2018. China, South Korea and Taiwan respectively ranked number 2, 3 and 4 in this ranking. Turkey recorded the best 5 years average growth at +52.4% per year, while Sweden was the worst growing country at -29.2% per year.