Sweden - Business Enterprise Expenditure on R&D Performed in the Computer, Electronic and Optical Industry
Since 2014, Sweden Business Enterprise Expenditure on R&D Performed in the Computer, Electronic and Optical Industry was down by 29.2% year on year. At $346,980,481.55 Million PPP in 2019, the country was ranked number 20 among other countries in Business Enterprise Expenditure on R&D Performed in the Computer, Electronic and Optical Industry. Sweden is overtaken by Ireland, which was number 19 at $360,059,193.87 Million PPP and is followed by Spain at $283,704,618.12 Million PPP. United States ranked the highest with $82,180,119,351.42 Million PPP in 2019, +2.3% versus 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 witnessed the worst performance at -29.2% per year.
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| Date | Million US Dollars PPP |
|---|---|
| 2019 | 346,980,481.55 |
| 2018 | 479,150,428.80 |
| 2017 | 259,304,822.28 |
| 2016 | 1,200,120,005.13 |
| 2015 | 2,220,851,986.76 |
How does Sweden 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 | |
| 19 |
#19
Ireland
|
360,059,193.87 | 2019 | +3.2 % | +4.5 % | View data | |
| 20 |
#20
Sweden
|
346,980,481.55 | 2019 | -27.6 % | -29.2 % | View data | |
| 21 |
#21
Spain
|
283,704,618.12 | 2019 | -0.8 % | +2.0 % | View data | |