Japan - Business Enterprise Expenditure on R&D Performed in the Aerospace Industry
Since 2014, Japan Business Enterprise Expenditure on R&D Performed in the Aerospace Industry grew 12.4% year on year. In 2019, the country was ranked number 7 comparing other countries in Business Enterprise Expenditure on R&D Performed in the Aerospace Industry at $855,783,775.58 Million PPP. Japan is overtaken by Canada, which was number 6 with $1,222,031,509.77 Million PPP and is followed by Spain with $685,739,611.08 Million PPP. United States ranked the highest with $27,176,603,073.86 Million PPP in 2019, that is an increase of 1% compared to 2018. France, United Kingdom and Germany respectively ranked number 2, 3 and 4 in this ranking. South Korea witnessed the best average annual growth at +23.7% per year, while Iceland was the worst growing country at -100% per year.
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| Date | Million US Dollars PPP |
|---|---|
| 2019 | 855,783,775.58 |
| 2018 | 785,173,689.97 |
| 2017 | 832,111,059.01 |
| 2016 | 733,451,126.39 |
| 2015 | 657,266,039.72 |
How does Japan 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 | |
| 6 |
#6
Canada
|
1,222,031,509.77 | 2019 | +1.4 % | -1.5 % | View data | |
| 7 |
#7
Japan
|
855,783,775.58 | 2019 | +9.0 % | +12.4 % | View data | |
| 8 |
#8
Spain
|
685,739,611.08 | 2019 | +2.5 % | +5.5 % | View data | |