Spain - Business Enterprise Expenditure on R&D Performed in Aerospace
Since 2014, Spain Business Enterprise Expenditure on R&D Performed in Aerospace rose 5.5% year on year. With $685.74 Million PPP in 2019, the country was number 8 comparing other countries in Business Enterprise Expenditure on R&D Performed in Aerospace. Spain is overtaken by Japan, which was ranked number 7 at $855.78 Million PPP and is followed by South Korea with $433.9 Million PPP. United States topped the ranking with $27,176.6 Million PPP in 2019, +1% compared to 2018. France, United Kingdom and Germany respectively ranked number 2, 3 and 4 in this ranking. South Korea recorded the best 5 years average growth at +38% per year, while Iceland recorded the worst performance at -100% per year.
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| Date | Million US Dollars PPP |
|---|---|
| 2019 | 685.74 |
| 2018 | 669.15 |
| 2017 | 657.51 |
| 2016 | 631.52 |
| 2015 | 598.08 |
How does Spain rank in Business Enterprise Expenditure on R&D Performed in Aerospace?
| # | 17 Countries | Million US Dollars PPP | Last | YoY | 5‑years CAGR | ||
|---|---|---|---|---|---|---|---|
| 1 |
#1
United States
|
27,176.60 | 2019 | +0.9 % | +0.8 % | View data | |
| 2 |
#2
France
|
3,578.65 | 2019 | +0.6 % | -2.0 % | View data | |
| 7 |
#7
Japan
|
855.78 | 2019 | +9.0 % | +12.4 % | View data | |
| 8 |
#8
Spain
|
685.74 | 2019 | +2.5 % | +5.5 % | View data | |
| 9 |
#9
South Korea
|
433.90 | 2019 | +5.3 % | +38.0 % | View data | |