Slovakia - Business Enterprise Expenditure on R&D Performed in Total Manufacturing
Since 2014, Slovakia Business Enterprise Expenditure on R&D Performed in Total Manufacturing increased 11.5% year on year. In 2019, the country was number 31 among other countries in Business Enterprise Expenditure on R&D Performed in Total Manufacturing at $590,307,277.15 Million PPP. Slovakia is overtaken by Argentina, which was ranked number 30 at $698,917,292.18 Million PPP and is followed by Romania with $506,002,650.89 Million PPP. China ranked the highest with $299,237,430,089.54 Million PPP in 2019, an increase of 3.9% compared to 2018. United States, Japan and Germany respectively ranked number 2, 3 and 4 in this ranking. Iceland witnessed the best average annual growth at +15.4% per year, while Finland was the worst growing country at -3.9% per year.
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| Date | Million US Dollars PPP |
|---|---|
| 2019 | 590,307,277.15 |
| 2018 | 560,678,143.54 |
| 2017 | 570,332,449.06 |
| 2016 | 429,260,131.79 |
| 2015 | 347,245,351.42 |
How does Slovakia rank in Business Enterprise Expenditure on R&D Performed in Total Manufacturing?
| # | 38 Countries | Million US Dollars PPP | Last | YoY | 5‑years CAGR | ||
|---|---|---|---|---|---|---|---|
| 1 |
#1
China
|
299,237,430,089.54 | 2019 | +3.9 % | +4.8 % | View data | |
| 2 |
#2
United States
|
269,195,268,842.01 | 2019 | +2.4 % | +3.0 % | View data | |
| 30 |
#30
Argentina
|
698,917,292.18 | 2017 | +17.0 % | NA | View data | |
| 31 |
#31
Slovakia
|
590,307,277.15 | 2019 | +5.3 % | +11.5 % | View data | |
| 32 |
#32
Romania
|
506,002,650.89 | 2019 | +3.3 % | +8.5 % | View data | |