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 |
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 |