United Kingdom - Business Enterprise Expenditure on R&D Performed in the Computer, Electronic and Optical Industry
Since 2014, United Kingdom Business Enterprise Expenditure on R&D Performed in the Computer, Electronic and Optical Industry increased 1.9% year on year. In 2019, the country was number 11 among other countries in Business Enterprise Expenditure on R&D Performed in the Computer, Electronic and Optical Industry at $1,586,556,620.05 Million PPP. United Kingdom is overtaken by Israel, which was number 10 with $1,714,318,639.54 Million PPP and is followed by Italy at $1,472,508,561.04 Million PPP. United States topped the ranking with $82,180,119,351.42 Million PPP in 2019, +2.3% compared to 2018. China, South Korea and Taiwan respectively ranked number 2, 3 and 4 in this ranking. Turkey witnessed the best average annual growth at +52.4% per year, while Sweden witnessed the worst performance at -29.2% per year.
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| Date | Million US Dollars PPP |
|---|---|
| 2019 | 1,586,556,620.05 |
| 2018 | 1,571,006,945.18 |
| 2017 | 1,555,139,930.00 |
| 2016 | 1,582,610,584.48 |
| 2015 | 1,422,659,392.60 |
How does United Kingdom 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 | |
| 10 |
#10
Israel
|
1,714,318,639.54 | 2019 | +1.5 % | +2.5 % | View data | |
| 11 |
#11
United Kingdom
|
1,586,556,620.05 | 2019 | +1.0 % | +1.9 % | View data | |
| 12 |
#12
Italy
|
1,472,508,561.04 | 2019 | -1.1 % | -3.6 % | View data | |