Italy - Business Enterprise Expenditure on R&D Performed in the Aerospace Industry

Since 2014, Italy Business Enterprise Expenditure on R&D Performed in the Aerospace Industry grew 12.6% year on year. In 2019, the country was number 5 comparing other countries in Business Enterprise Expenditure on R&D Performed in the Aerospace Industry at $1,897,905,915.36 Million PPP. Italy is overtaken by Germany, which was ranked number 4 at $2,018,596,782.53 Million PPP and is followed by Canada with $1,222,031,509.77 Million PPP. United States lead the ranking with $27,176,603,073.86 Million PPP in 2019, that is +1% versus 2018. South Korea witnessed the best average annual growth at +23.7% per year, while Iceland witnessed the worst performance at -100% per year.

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Date Million US Dollars PPP
2019 1,897,905,915.36
2018 1,830,572,636.60
2017 1,846,618,419.17
2016 1,727,050,932.77
2015 991,339,943.49
Download all data from 1991 to 2019

How does Italy rank in Business Enterprise Expenditure on R&D Performed in the Aerospace Industry?

# 17 Countries Million US Dollars PPP Last YoY 5‑years CAGR
1 #1
United States
27,176,603,073.86 2019 +0.9 % +0.8 % View data
2 #2
France
3,578,650,510.73 2019 +0.6 % -2.0 % View data
4 #4
Germany
2,018,596,782.53 2019 -1.7 % -2.9 % View data
5 #5
Italy
1,897,905,915.36 2019 +3.7 % +12.6 % View data
6 #6
Canada
1,222,031,509.77 2019 +1.4 % -1.5 % View data
Compare all 17 countries

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