Italy - Business Enterprise Expenditure on R&D Performed in the Computer, Electronic and Optical Industry
Since 2014, Italy Business Enterprise Expenditure on R&D Performed in the Computer, Electronic and Optical Industry was down by 3.6% year on year. At $1,472,508,561.04 Million PPP in 2019, the country was ranked number 12 comparing other countries in Business Enterprise Expenditure on R&D Performed in the Computer, Electronic and Optical Industry. Italy is overtaken by United Kingdom, which was ranked number 11 at $1,586,556,620.05 Million PPP and is followed by Finland with $1,168,045,252.39 Million PPP. United States ranked the highest with $82,180,119,351.42 Million PPP in 2019, a growth 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 witnessed the worst performance at -29.2% per year.
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Date | Million US Dollars PPP |
---|---|
2019 | 1,472,508,561.04 |
2018 | 1,489,077,041.30 |
2017 | 1,502,170,071.49 |
2016 | 1,391,799,541.91 |
2015 | 1,857,018,984.43 |
How does Italy 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 | |
11 |
#11
United Kingdom
|
1,586,556,620.05 | 2019 | +1.0 % | +1.9 % | 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 |