Sweden - Production Value of Biotechnology Research and Experimental Development
Since 2014, Sweden Production Value of Biotechnology Research and Experimental Development increased 8.5% year on year. With €192.7 Million in 2019, the country was ranked number 9 comparing other countries in Production Value of Biotechnology Research and Experimental Development. Sweden is overtaken by Austria, which was number 8 at €236.6 Million and is followed by Norway with €104.4 Million. Germany topped the ranking with €2,560.7 Million in 2019, a fall of 5.7% versus 2018. United Kingdom, France and Belgium respectively ranked number 2, 3 and 4 in this ranking. United Kingdom recorded the best 5 years average 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 | 192.70 |
| 2018 | 197.40 |
| 2017 | 157.10 |
| 2016 | 148.30 |
| 2015 | 137.90 |
How does Sweden 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 | |
| 8 |
#8
Austria
|
236.60 | 2019 | +29.1 % | -8.0 % | View data | |
| 9 |
#9
Sweden
|
192.70 | 2019 | -2.4 % | +8.5 % | View data | |
| 10 |
#10
Norway
|
104.40 | 2019 | +10.1 % | +8.3 % | View data | |