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 |