Turkey - Business Enterprise Expenditure on R&D Performed in the Computer, Electronic and Optical Industry
Since 2014, Turkey Business Enterprise Expenditure on R&D Performed in the Computer, Electronic and Optical Industry rose 52.4% year on year. In 2019, the country was ranked number 8 among other countries in Business Enterprise Expenditure on R&D Performed in the Computer, Electronic and Optical Industry at $1,951,282,874.68 Million PPP. Turkey is overtaken by France, which was ranked number 7 at $5,063,006,994.92 Million PPP and is followed by Switzerland with $1,767,870,295.11 Million PPP. United States topped the ranking with $82,180,119,351.42 Million PPP in 2019, a growth of 2.3% versus 2018. China, South Korea and Taiwan respectively ranked number 2, 3 and 4 in this ranking. Turkey recorded the best 5 years average growth at +52.4% per year, while Sweden recorded the worst performance at -29.2% per year.
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| Date | Million US Dollars PPP |
|---|---|
| 2019 | 1,951,282,874.68 |
| 2018 | 1,816,330,048.68 |
| 2017 | 1,903,178,338.37 |
| 2016 | 1,408,139,936.07 |
| 2015 | 292,807,129.96 |
How does Turkey rank in Business Enterprise Expenditure on R&D Performed in the Computer, Electronic and Optical Industry?
| # | 69 Countries | Million US Dollars PPP | Last | YoY | 5‑years CAGR | ||
|---|---|---|---|---|---|---|---|
| 1 |
#1
United States
|
82,180,119,351.42 | 2019 | +2.3 % | +2.1 % | View data | |
| 2 |
#2
China
|
56,900,817,272.09 | 2019 | +4.0 % | +6.5 % | View data | |
| 7 |
#7
France
|
5,063,006,994.92 | 2019 | +1.4 % | +1.7 % | View data | |
| 8 |
#8
Turkey
|
1,951,282,874.68 | 2019 | +7.4 % | +52.4 % | View data | |
| 9 |
#9
Switzerland
|
1,767,870,295.11 | 2019 | +2.4 % | +0.6 % | View data | |