Italy - Turnover of Biotechnology Research and Experimental Development
Since 2014, Italy Turnover of Biotechnology Research and Experimental Development increased 13.3% year on year. At €518.4 Million in 2019, the country was number 7 among other countries in Turnover of Biotechnology Research and Experimental Development. Italy is overtaken by Spain, which was ranked number 6 at €528.9 Million and is followed by Austria at €259.8 Million. Germany ranked the highest with €2,904.8 Million in 2019, a decrease of 5% compared to 2018. United Kingdom, France and Belgium respectively ranked number 2, 3 and 4 in this ranking. Lithuania witnessed the best average annual growth at +38.6% per year, while Slovakia witnessed the worst performance at -10.4% per year.
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| Date | Million Euros |
|---|---|
| 2019 | 518.40 |
| 2018 | 524.50 |
| 2017 | 418.30 |
| 2016 | 379.50 |
| 2015 | 320.00 |
How does Italy rank in Turnover of Biotechnology Research and Experimental Development?
| # | 25 Countries | Million Euros | Last | YoY | 5‑years CAGR | ||
|---|---|---|---|---|---|---|---|
| 1 |
#1
Germany
|
2,904.80 | 2019 | -5.0 % | +18.4 % | View data | |
| 2 |
#2
United Kingdom
|
2,235.50 | 2019 | +3.3 % | +31.4 % | View data | |
| 6 |
#6
Spain
|
528.90 | 2019 | -0.2 % | +14.7 % | View data | |
| 7 |
#7
Italy
|
518.40 | 2019 | -1.2 % | +13.3 % | View data | |
| 8 |
#8
Austria
|
259.80 | 2019 | +46.6 % | -4.5 % | View data | |