Lithuania - Business Enterprise Expenditure on R&D in the Computer, Electronic and Optical Industry
Since 2014, Lithuania Business Enterprise Expenditure on R&D in the Computer, Electronic and Optical Industry rose 14.1% year on year. In 2019, the country was number 28 among other countries in Business Enterprise Expenditure on R&D in the Computer, Electronic and Optical Industry with $34.43 PPP. Lithuania is overtaken by Hungary, which was number 27 with $40.53 PPP and is followed by Greece with $31.68 PPP. United States lead the ranking with $82,180.12 PPP in 2019, that is an increase of 2.3% compared to 2018. China, South Korea and Taiwan respectively ranked number 2, 3 and 4 in this ranking. Turkey witnessed the best average annual growth at +52.4% per year, while Sweden witnessed the worst performance at -29.2% per year.
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| Date | US Dollars PPP |
|---|---|
| 2019 | 34.43 |
| 2018 | 32.53 |
| 2017 | 35.25 |
| 2016 | 18.93 |
| 2015 | 18.17 |
How does Lithuania rank in Business Enterprise Expenditure on R&D in the Computer, Electronic and Optical Industry?
| # | 35 Countries | US Dollars PPP | Last | YoY | 5‑years CAGR | ||
|---|---|---|---|---|---|---|---|
| 1 |
#1
United States
|
82,180.12 | 2019 | +2.3 % | +2.1 % | View data | |
| 2 |
#2
China
|
67,545.03 | 2019 | +4.6 % | +8.6 % | View data | |
| 27 |
#27
Hungary
|
40.53 | 2019 | -4.4 % | +2.5 % | View data | |
| 28 |
#28
Lithuania
|
34.43 | 2019 | +5.9 % | +14.1 % | View data | |
| 29 |
#29
Greece
|
31.68 | 2019 | +1.1 % | +9.6 % | View data | |