Lithuania - Production Value of Biotechnology Research and Experimental Development
Since 2014, Lithuania Production Value of Biotechnology Research and Experimental Development was up 36.5% year on year. In 2019, the country was ranked number 16 among other countries in Production Value of Biotechnology Research and Experimental Development with €35 Million. Lithuania is overtaken by Finland, which was ranked number 15 with €48 Million and is followed by Portugal with €32.8 Million. Germany ranked the highest with €2,560.7 Million in 2019, a decrease of 5.7% compared to 2018. United Kingdom, France and Belgium respectively ranked number 2, 3 and 4 in this ranking. United Kingdom witnessed the best average annual growth at +47.4% per year, while Slovakia recorded the worst performance at -11.7% per year.
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| Date | Million Euros |
|---|---|
| 2019 | 35.00 |
| 2018 | 34.30 |
| 2017 | 24.90 |
| 2016 | 33.90 |
| 2015 | 16.90 |
How does Lithuania rank in Production Value of Biotechnology Research and Experimental Development?
| # | 25 Countries | Million Euros | Last | YoY | 5‑years CAGR | ||
|---|---|---|---|---|---|---|---|
| 1 |
#1
Germany
|
2,560.70 | 2019 | -5.7 % | +15.8 % | View data | |
| 2 |
#2
United Kingdom
|
2,401.30 | 2019 | +1.8 % | +47.4 % | View data | |
| 15 |
#15
Finland
|
48.00 | 2019 | -3.6 % | +13.7 % | View data | |
| 16 |
#16
Lithuania
|
35.00 | 2019 | +2.0 % | +36.5 % | View data | |
| 17 |
#17
Portugal
|
32.80 | 2019 | -2.1 % | +15.7 % | View data | |