Business Enterprise Expenditure on R&D Performed in the Pharmaceutical Industry
This key economic indicator for the Pharmaceutical sector has been recently updated.
- China grew 4.5% of Business Enterprise Expenditure on R&D Performed in the Pharmaceutical Industry in 2019, compared to a year earlier.
- Since 2014 China Business Enterprise Expenditure on R&D Performed in the Pharmaceutical Industry rose 6.1% year on year at $13,956,388,273.35 Million PPP.
- In 2019 United States was ranked number 1 in Business Enterprise Expenditure on R&D Performed in the Pharmaceutical Industry.
Top Countries in Business Enterprise Expenditure on R&D Performed in the Pharmaceutical Industry
Million US Dollars PPP - 1987 to 2019
| # | 69 Countries | Million US Dollars PPP | Last | YoY | 5‑years CAGR | |
|---|---|---|---|---|---|---|
| 1 |
#1
United States
| 70,565,318,932.39 | 2019 | +3.3 % | +4.5 % | View data |
| 2 |
#2
China
| 13,956,388,273.35 | 2019 | +4.5 % | +6.1 % | View data |
| 3 |
#3
Japan
| 13,899,037,124.73 | 2019 | +3.5 % | -0.9 % | View data |
| 4 |
#4
Germany
| 6,508,976,256.92 | 2019 | +2.7 % | +4.4 % | View data |
| 5 |
#5
Switzerland
| 5,040,677,150.71 | 2019 | +3.2 % | +3.8 % | View data |
| 6 |
#6
Belgium
| 3,043,879,424.39 | 2019 | +4.4 % | +9.3 % | View data |
| 7 |
#7
South Korea
| 1,800,532,171.69 | 2019 | +4.1 % | +6.9 % | View data |
| 8 |
#8
Denmark
| 1,510,421,981.56 | 2019 | +2.8 % | +5.4 % | View data |
| 9 |
#9
Spain
| 1,127,374,718.22 | 2019 | +2.6 % | +5.3 % | View data |
| 10 |
#10
France
| 1,080,008,891.00 | 2019 | -0.1 % | +0.4 % | View data |
| 11 |
#11
Italy
| 894,380,465.38 | 2019 | +2.0 % | +5.3 % | View data |
| 12 |
#12
Sweden
| 847,585,097.10 | 2019 | -0.1 % | +2.1 % | View data |
| 13 |
#13
Taiwan
| 581,419,961.53 | 2019 | +7.2 % | +3.5 % | View data |
| 14 |
#14
United Kingdom
| 542,693,029.31 | 2019 | -1.0 % | -1.1 % | View data |
| 15 |
#15
Austria
| 427,223,717.42 | 2019 | +3.0 % | +2.4 % | View data |
| 16 |
#16
Hungary
| 426,636,826.27 | 2019 | +1.7 % | -0.3 % | View data |
| 17 |
#17
Canada
| 420,159,373.17 | 2019 | -1.6 % | +2.3 % | View data |
| 18 |
#18
Ireland
| 407,799,563.58 | 2019 | +3.8 % | +16.9 % | View data |
| 19 |
#19
Slovenia
| 343,555,237.12 | 2019 | +3.1 % | +4.5 % | View data |
| 20 |
#20
Netherlands
| 289,193,594.01 | 2019 | -3.4 % | -1.8 % | View data |
Source: OECD