Iceland - Business Enterprise Expenditure on R&D Performed in the Computer, Electronic and Optical Industry
Since 2014, Iceland Business Enterprise Expenditure on R&D Performed in the Computer, Electronic and Optical Industry increased 8.3% year on year. At $4,227,113.54 Million PPP in 2019, the country was ranked number 33 among other countries in Business Enterprise Expenditure on R&D Performed in the Computer, Electronic and Optical Industry. Iceland is overtaken by Slovakia, which was ranked number 32 with $13,928,870.68 Million PPP and is followed by Chile with $999,298.4 Million PPP. United States lead the ranking with $82,180,119,351.42 Million PPP in 2019, that is an increase of 2.3% versus 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 | Million US Dollars PPP |
---|---|
2019 | 4,227,113.54 |
2018 | 4,376,772.53 |
2017 | 3,609,924.41 |
2016 | 2,880,521.29 |
2015 | 2,373,590.90 |
How does Iceland 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 | |
32 |
#32
Slovakia
|
13,928,870.68 | 2019 | -0.8 % | +14.1 % | View data | |
33 |
#33
Iceland
|
4,227,113.54 | 2019 | -3.4 % | +8.3 % | View data | |
34 |
#34
Chile
|
999,298.40 | 2015 | -41.4 % | +23.1 % | View data |