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

Since 2014, Canada Business Enterprise Expenditure on R&D Performed in the Computer, Electronic and Optical Industry was down by 2.1% year on year. At $753,002,325.37 Million PPP in 2019, the country was ranked number 16 comparing other countries in Business Enterprise Expenditure on R&D Performed in the Computer, Electronic and Optical Industry. Canada is overtaken by Netherlands, which was ranked number 15 with $900,465,590.31 Million PPP and is followed by Belgium at $684,106,032.85 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 witnessed the best average annual growth at +52.4% per year, while Sweden was the worst growing country at -29.2% per year.

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Date Million US Dollars PPP
2019 753,002,325.37
2018 839,726,853.54
2017 981,127,944.23
2016 952,077,712.73
2015 877,400,862.43
Download all data from 1994 to 2019

How does Canada 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
15 #15
Netherlands
900,465,590.31 2019 +2.3 % +1.2 % 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
Compare all 69 countries

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