Romania - Business Enterprise Expenditure on R&D Performed in the Computer, Electronic and Optical Industry
Since 2014, Romania Business Enterprise Expenditure on R&D Performed in the Computer, Electronic and Optical Industry grew 8.1% year on year. In 2019, the country was number 31 among other countries in Business Enterprise Expenditure on R&D Performed in the Computer, Electronic and Optical Industry at $23,916,637.66 Million PPP. Romania is overtaken by Estonia, which was ranked number 30 at $26,224,219.56 Million PPP and is followed by Slovakia at $13,928,870.68 Million PPP. United States lead the ranking with $82,180,119,351.42 Million PPP in 2019, +2.3% compared to 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 was the worst growing country at -29.2% per year.
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| Date | Million US Dollars PPP |
|---|---|
| 2019 | 23,916,637.66 |
| 2018 | 23,910,557.71 |
| 2017 | 15,147,203.40 |
| 2016 | 44,931,979.04 |
| 2015 | 37,755,776.32 |
How does Romania 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 | |
| 30 |
#30
Estonia
|
26,224,219.56 | 2019 | +6.1 % | +26.8 % | View data | |
| 31 |
#31
Romania
|
23,916,637.66 | 2019 | +0.0 % | +8.1 % | View data | |
| 32 |
#32
Slovakia
|
13,928,870.68 | 2019 | -0.8 % | +14.1 % | View data | |