Denmark - Business Enterprise Expenditure on R&D Performed in the Computer, Electronic and Optical Industry
Since 2014, Denmark Business Enterprise Expenditure on R&D Performed in the Computer, Electronic and Optical Industry rose 5.4% year on year. In 2019, the country was ranked number 18 among other countries in Business Enterprise Expenditure on R&D Performed in the Computer, Electronic and Optical Industry at $536,636,692.42 Million PPP. Denmark is overtaken by Belgium, which was ranked number 17 at $684,106,032.85 Million PPP and is followed by Ireland at $360,059,193.87 Million PPP. United States topped the ranking with $82,180,119,351.42 Million PPP in 2019, an increase 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 was the worst growing country at -29.2% per year.
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| Date | Million US Dollars PPP |
|---|---|
| 2019 | 536,636,692.42 |
| 2018 | 523,221,293.14 |
| 2017 | 518,809,017.23 |
| 2016 | 492,022,417.68 |
| 2015 | 438,426,113.23 |
How does Denmark 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 | |
| 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 | |
| 19 |
#19
Ireland
|
360,059,193.87 | 2019 | +3.2 % | +4.5 % | View data | |