Canada - Ocean and Offshore Energy RD&D

Since 2014, Canada Ocean and Offshore Energy RD&D decreased by 27.2% year on year. At $3.52 Million PPP = 2018 in 2019, the country was ranked number 12 among other countries in Ocean and Offshore Energy RD&D. Canada is overtaken by Sweden, which was ranked number 11 at $5.1 Million PPP = 2018 and is followed by South Korea with $2.86 Million PPP = 2018. Norway lead the ranking with $234.52 Million PPP = 2018 in 2019, an increase of 57,099.5% compared to 2018. United Kingdom, France and Japan respectively ranked number 2, 3 and 4 in this ranking. Mexico recorded the best 5 years average growth at +168.5% per year, while Portugal was the worst growing country at -100% per year.

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Date Million US Dollars PPP = 2018
2019 3.52
2018 4.53
2017 3.12
2016 2.15
2015 9.45
Download all data from 1974 to 2019

How does Canada rank in Ocean and Offshore Energy RD&D?

# 24 Countries Million US Dollars PPP = 2018 Last YoY 5‑years CAGR
1 #1
Norway
234.52 2019 +57,099.5 % +79.6 % View data
2 #2
United Kingdom
35.23 2019 +44.7 % -7.5 % View data
11 #11
Sweden
5.10 2019 +21.0 % -3.1 % View data
12 #12
Canada
3.52 2019 -22.4 % -27.2 % View data
13 #13
South Korea
2.86 2019 -19.6 % -22.3 % View data
Compare all 24 countries

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