Spain - Turnover of Biotechnology Research and Experimental Development
Since 2014, Spain Turnover of Biotechnology Research and Experimental Development increased 14.7% year on year. In 2019, the country was ranked number 6 among other countries in Turnover of Biotechnology Research and Experimental Development with €528.9 Million. Spain is overtaken by Denmark, which was ranked number 5 at €635.5 Million and is followed by Italy with €518.4 Million. Germany lead the ranking with €2,904.8 Million in 2019, that is a fall of 5% compared to 2018. United Kingdom, France and Belgium respectively ranked number 2, 3 and 4 in this ranking. Lithuania witnessed the best average annual growth at +38.6% per year, while Slovakia witnessed the worst performance at -10.4% per year.
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| Date | Million Euros |
|---|---|
| 2019 | 528.90 |
| 2018 | 529.80 |
| 2017 | 417.80 |
| 2016 | 397.60 |
| 2015 | 352.40 |
How does Spain rank in Turnover of Biotechnology Research and Experimental Development?
| # | 25 Countries | Million Euros | Last | YoY | 5‑years CAGR | ||
|---|---|---|---|---|---|---|---|
| 1 |
#1
Germany
|
2,904.80 | 2019 | -5.0 % | +18.4 % | View data | |
| 2 |
#2
United Kingdom
|
2,235.50 | 2019 | +3.3 % | +31.4 % | View data | |
| 5 |
#5
Denmark
|
635.50 | 2019 | +2.7 % | +9.0 % | View data | |
| 6 |
#6
Spain
|
528.90 | 2019 | -0.2 % | +14.7 % | View data | |
| 7 |
#7
Italy
|
518.40 | 2019 | -1.2 % | +13.3 % | View data | |