Spain - Production Value of Biotechnology Research and Experimental Development
Since 2014, Spain Production Value of Biotechnology Research and Experimental Development jumped by 14.4% year on year. In 2019, the country was ranked number 6 among other countries in Production Value of Biotechnology Research and Experimental Development at €623.2 Million. Spain is overtaken by Denmark, which was number 5 with €796.9 Million and is followed by Italy at €606.7 Million. Germany topped the ranking with €2,560.7 Million in 2019, that is a fall of 5.7% compared to 2018. United Kingdom, France and Belgium respectively ranked number 2, 3 and 4 in this ranking. United Kingdom witnessed the best average annual growth at +47.4% per year, while Slovakia recorded the worst performance at -11.7% per year.
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| Date | Million Euros |
|---|---|
| 2019 | 623.20 |
| 2018 | 613.90 |
| 2017 | 516.60 |
| 2016 | 480.60 |
| 2015 | 408.20 |
How does Spain rank in Production Value of Biotechnology Research and Experimental Development?
| # | 25 Countries | Million Euros | Last | YoY | 5‑years CAGR | ||
|---|---|---|---|---|---|---|---|
| 1 |
#1
Germany
|
2,560.70 | 2019 | -5.7 % | +15.8 % | View data | |
| 2 |
#2
United Kingdom
|
2,401.30 | 2019 | +1.8 % | +47.4 % | View data | |
| 5 |
#5
Denmark
|
796.90 | 2019 | +0.7 % | +13.4 % | View data | |
| 6 |
#6
Spain
|
623.20 | 2019 | +1.5 % | +14.4 % | View data | |
| 7 |
#7
Italy
|
606.70 | 2019 | -0.8 % | +12.3 % | View data | |