Belgium - Business Enterprise Expenditure on R&D Performed in the Computer, Electronic and Optical Industry

Since 2014, Belgium Business Enterprise Expenditure on R&D Performed in the Computer, Electronic and Optical Industry was up 4.5% year on year. In 2019, the country was ranked number 17 among other countries in Business Enterprise Expenditure on R&D Performed in the Computer, Electronic and Optical Industry with $684,106,032.85 Million PPP. Belgium is overtaken by Canada, which was ranked number 16 at $753,002,325.37 Million PPP and is followed by Denmark at $536,636,692.42 Million PPP. United States ranked the highest with $82,180,119,351.42 Million PPP in 2019, a growth of 2.3% compared to 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 684,106,032.85
2018 674,084,263.17
2017 684,769,510.70
2016 624,944,617.46
2015 578,692,650.37
Download all data from 1998 to 2019

How does Belgium 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
16 #16
Canada
753,002,325.37 2019 -10.3 % -2.1 % View data
17 #17
Belgium
684,106,032.85 2019 +1.5 % +4.5 % View data
18 #18
Denmark
536,636,692.42 2019 +2.6 % +5.4 % View data
Compare all 69 countries

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