Hungary - Business Enterprise Expenditure on R&D Performed in the Computer, Electronic and Optical Industry
Since 2014, Hungary Business Enterprise Expenditure on R&D Performed in the Computer, Electronic and Optical Industry increased 2.6% year on year. With $40,533,752.09 Million PPP in 2019, the country was number 27 among other countries in Business Enterprise Expenditure on R&D Performed in the Computer, Electronic and Optical Industry. Hungary is overtaken by Slovenia, which was ranked number 26 at $59,992,385.35 Million PPP and is followed by Lithuania with $34,429,885.89 Million PPP. United States lead the ranking 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 witnessed the worst performance at -29.2% per year.
Loading...
| Date | Million US Dollars PPP |
|---|---|
| 2019 | 40,533,752.09 |
| 2018 | 42,382,438.21 |
| 2017 | 45,298,892.78 |
| 2016 | 45,751,087.15 |
| 2015 | 37,816,762.52 |
How does Hungary 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 | |
| 26 |
#26
Slovenia
|
59,992,385.35 | 2019 | -0.1 % | -2.8 % | View data | |
| 27 |
#27
Hungary
|
40,533,752.09 | 2019 | -4.4 % | +2.5 % | View data | |
| 28 |
#28
Lithuania
|
34,429,885.89 | 2019 | +5.9 % | +14.1 % | View data | |