Finland - Business Enterprise Expenditure on R&D in the Computer, Electronic and Optical Industry
Since 2014, Finland Business Enterprise Expenditure on R&D in the Computer, Electronic and Optical Industry decreased by 9.4% year on year. In 2019, the country was number 13 comparing other countries in Business Enterprise Expenditure on R&D in the Computer, Electronic and Optical Industry with $1,168.05 PPP. Finland is overtaken by Italy, which was number 12 at $1,472.51 PPP and is followed by Austria with $1,105.44 PPP. United States lead the ranking with $82,180.12 PPP in 2019, that is +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 | US Dollars PPP |
---|---|
2019 | 1,168.05 |
2018 | 1,235.62 |
2017 | 1,292.54 |
2016 | 1,317.96 |
2015 | 1,506.99 |
How does Finland rank in Business Enterprise Expenditure on R&D in the Computer, Electronic and Optical Industry?
# | 35 Countries | US Dollars PPP | Last | YoY | 5‑years CAGR | ||
---|---|---|---|---|---|---|---|
1 |
#1
United States
|
82,180.12 | 2019 | +2.3 % | +2.1 % | View data | |
2 |
#2
China
|
67,545.03 | 2019 | +4.6 % | +8.6 % | View data | |
12 |
#12
Italy
|
1,472.51 | 2019 | -1.1 % | -3.6 % | View data | |
13 |
#13
Finland
|
1,168.05 | 2019 | -5.5 % | -9.4 % | View data | |
14 |
#14
Austria
|
1,105.44 | 2019 | +2.5 % | +5.3 % | View data |