Lithuania - Business Enterprise Expenditure on R&D Performed in the Computer, Electronic and Optical Industry
Since 2014, Lithuania Business Enterprise Expenditure on R&D Performed in the Computer, Electronic and Optical Industry was up 14.1% year on year. In 2019, the country was number 28 among other countries in Business Enterprise Expenditure on R&D Performed in the Computer, Electronic and Optical Industry with $34,429,885.89 Million PPP. Lithuania is overtaken by Hungary, which was number 27 with $40,533,752.09 Million PPP and is followed by Greece with $31,676,946.34 Million PPP. United States lead the ranking with $82,180,119,351.42 Million PPP in 2019, +2.3% versus 2018. China, South Korea and Taiwan respectively ranked number 2, 3 and 4 in this ranking. Turkey recorded the best 5 years average growth at +52.4% per year, while Sweden was the worst growing country at -29.2% per year.
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| Date | Million US Dollars PPP |
|---|---|
| 2019 | 34,429,885.89 |
| 2018 | 32,525,076.48 |
| 2017 | 35,247,855.16 |
| 2016 | 18,928,878.92 |
| 2015 | 18,172,142.93 |
How does Lithuania rank in Business Enterprise Expenditure on R&D Performed in the Computer, Electronic and Optical Industry?
| # | 69 Countries | Million US Dollars PPP | Last | YoY | 5‑years CAGR | ||
|---|---|---|---|---|---|---|---|
| 1 |
#1
United States
|
82,180,119,351.42 | 2019 | +2.3 % | +2.1 % | View data | |
| 2 |
#2
China
|
56,900,817,272.09 | 2019 | +4.0 % | +6.5 % | View data | |
| 27 |
#27
Hungary
|
40,533,752.09 | 2019 | -4.4 % | +2.5 % | View data | |
| 28 |
#28
Lithuania
|
34,429,885.89 | 2019 | +5.9 % | +14.1 % | View data | |
| 29 |
#29
Greece
|
31,676,946.34 | 2019 | +1.1 % | +9.6 % | View data | |