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
Download all data from 2013 to 2019

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
Compare all 69 countries

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