Romania - Business Enterprise Expenditure on R&D Performed in the Aerospace Industry
Since 2014, Romania Business Enterprise Expenditure on R&D Performed in the Aerospace Industry was down by 13.1% year on year. At $3,865,994.93 Million PPP in 2019, the country was ranked number 14 among other countries in Business Enterprise Expenditure on R&D Performed in the Aerospace Industry. Romania is overtaken by Finland, which was number 13 at $8,213,785.72 Million PPP and is followed by Slovenia at $1,966,972.45 Million PPP. United States ranked the highest with $27,176,603,073.86 Million PPP in 2019, that is +1% compared to 2018. France, United Kingdom and Germany respectively ranked number 2, 3 and 4 in this ranking. South Korea recorded the best 5 years average growth at +23.7% per year, while Iceland recorded the worst performance at -100% per year.
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| Date | Million US Dollars PPP |
|---|---|
| 2019 | 3,865,994.93 |
| 2018 | 3,793,276.36 |
| 2017 | 4,351,919.83 |
| 2016 | 2,113,856.76 |
| 2015 | 734,470.94 |
How does Romania 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 | |
| 13 |
#13
Finland
|
8,213,785.72 | 2019 | +2.7 % | +9.4 % | View data | |
| 14 |
#14
Romania
|
3,865,994.93 | 2019 | +1.9 % | -13.1 % | View data | |
| 15 |
#15
Slovenia
|
1,966,972.45 | 2019 | +2.7 % | +0.1 % | View data | |