Portugal - Business Enterprise Expenditure on R&D Performed in the Computer, Electronic and Optical Industry
Since 2014, Portugal Business Enterprise Expenditure on R&D Performed in the Computer, Electronic and Optical Industry grew 6% year on year. With $66,425,591.33 Million PPP in 2019, the country was number 25 among other countries in Business Enterprise Expenditure on R&D Performed in the Computer, Electronic and Optical Industry. Portugal is overtaken by Poland, which was ranked number 24 at $180,024,317.61 Million PPP and is followed by Slovenia at $59,992,385.35 Million PPP. United States ranked the highest 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 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 | 66,425,591.33 |
| 2018 | 64,858,143.41 |
| 2017 | 63,817,451.68 |
| 2016 | 64,097,441.05 |
| 2015 | 53,126,787.98 |
How does Portugal 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 | |
| 24 |
#24
Poland
|
180,024,317.61 | 2019 | +5.4 % | +13.7 % | View data | |
| 25 |
#25
Portugal
|
66,425,591.33 | 2019 | +2.4 % | +6.0 % | View data | |
| 26 |
#26
Slovenia
|
59,992,385.35 | 2019 | -0.1 % | -2.8 % | View data | |