Sweden - Business Enterprise Expenditure on R&D in the Computer, Electronic and Optical Industry
Since 2014, Sweden Business Enterprise Expenditure on R&D in the Computer, Electronic and Optical Industry decreased by 29.2% year on year. In 2019, the country was number 20 among other countries in Business Enterprise Expenditure on R&D in the Computer, Electronic and Optical Industry with $346.98 PPP. Sweden is overtaken by Ireland, which was ranked number 19 at $360.06 PPP and is followed by Spain at $283.7 PPP. United States ranked the highest with $82,180.12 PPP in 2019, that is +2.3% compared to 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 witnessed the worst performance at -29.2% per year.
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| Date | US Dollars PPP |
|---|---|
| 2019 | 346.98 |
| 2018 | 479.15 |
| 2017 | 259.30 |
| 2016 | 1,200.12 |
| 2015 | 2,220.85 |
How does Sweden rank in Business Enterprise Expenditure on R&D in the Computer, Electronic and Optical Industry?
| # | 35 Countries | US Dollars PPP | Last | YoY | 5‑years CAGR | ||
|---|---|---|---|---|---|---|---|
| 1 |
#1
United States
|
82,180.12 | 2019 | +2.3 % | +2.1 % | View data | |
| 2 |
#2
China
|
67,545.03 | 2019 | +4.6 % | +8.6 % | View data | |
| 19 |
#19
Ireland
|
360.06 | 2019 | +3.2 % | +4.5 % | View data | |
| 20 |
#20
Sweden
|
346.98 | 2019 | -27.6 % | -29.2 % | View data | |
| 21 |
#21
Spain
|
283.70 | 2019 | -0.8 % | +2.0 % | View data | |