Switzerland - Business Enterprise Expenditure on R&D Performed in Total Manufacturing
Since 2014, Switzerland Business Enterprise Expenditure on R&D Performed in Total Manufacturing rose 3.9% year on year. With $9,820,212,477.13 Million PPP in 2019, the country was ranked number 10 among other countries in Business Enterprise Expenditure on R&D Performed in Total Manufacturing. Switzerland is overtaken by United Kingdom, which was ranked number 9 with $13,857,608,058.66 Million PPP and is followed by Turkey at $7,713,388,160.49 Million PPP. China ranked the highest with $299,237,430,089.54 Million PPP in 2019, that is an increase of 3.9% versus 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 | 9,820,212,477.13 |
| 2018 | 9,544,021,300.87 |
| 2017 | 9,299,464,279.99 |
| 2016 | 8,939,453,806.95 |
| 2015 | 8,609,366,395.94 |
How does Switzerland 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 | |
| 9 |
#9
United Kingdom
|
13,857,608,058.66 | 2019 | +2.3 % | +4.5 % | View data | |
| 10 |
#10
Switzerland
|
9,820,212,477.13 | 2019 | +2.9 % | +3.9 % | View data | |
| 11 |
#11
Turkey
|
7,713,388,160.49 | 2019 | +5.7 % | +13.4 % | View data | |