Norway - Business Enterprise Expenditure on R&D Performed in the Aerospace Industry
Since 2014, Norway Business Enterprise Expenditure on R&D Performed in the Aerospace Industry was down by 12.5% year on year. With $554,818.17 Million PPP in 2019, the country was number 16 among other countries in Business Enterprise Expenditure on R&D Performed in the Aerospace Industry. Norway is overtaken by Slovenia, which was ranked number 15 at $1,966,972.45 Million PPP and is followed by Iceland at $0 Million PPP. United States topped the ranking 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 | 554,818.17 |
| 2018 | 706,455.67 |
| 2017 | 898,921.34 |
| 2016 | 971,954.99 |
| 2015 | 1,107,770.80 |
How does Norway 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 | |
| 15 |
#15
Slovenia
|
1,966,972.45 | 2019 | +2.7 % | +0.1 % | View data | |
| 16 |
#16
Norway
|
554,818.17 | 2019 | -21.5 % | -12.5 % | View data | |
| 17 |
#17
Iceland
|
0.00 | 2018 | NA | -100.0 % | View data | |