Finland - Business Enterprise Expenditure on R&D Performed in the Computer, Electronic and Optical Industry
Since 2014, Finland Business Enterprise Expenditure on R&D Performed in the Computer, Electronic and Optical Industry was down by 9.4% year on year. In 2019, the country was number 13 among other countries in Business Enterprise Expenditure on R&D Performed in the Computer, Electronic and Optical Industry at $1,168,045,252.39 Million PPP. Finland is overtaken by Italy, which was number 12 at $1,472,508,561.04 Million PPP and is followed by Austria at $1,105,444,400.55 Million PPP. United States topped the ranking with $82,180,119,351.42 Million PPP in 2019, an increase of 2.3% versus 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 recorded the worst performance at -29.2% per year.
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| Date | Million US Dollars PPP |
|---|---|
| 2019 | 1,168,045,252.39 |
| 2018 | 1,235,623,820.48 |
| 2017 | 1,292,536,372.00 |
| 2016 | 1,317,958,574.13 |
| 2015 | 1,506,990,468.29 |
How does Finland 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 | |
| 12 |
#12
Italy
|
1,472,508,561.04 | 2019 | -1.1 % | -3.6 % | View data | |
| 13 |
#13
Finland
|
1,168,045,252.39 | 2019 | -5.5 % | -9.4 % | View data | |
| 14 |
#14
Austria
|
1,105,444,400.55 | 2019 | +2.5 % | +5.3 % | View data | |