Sweden - Business Enterprise Expenditure on R&D Performed in Total Manufacturing
Since 2014, Sweden Business Enterprise Expenditure on R&D Performed in Total Manufacturing was up 1.1% year on year. With $7,019,406,819.32 Million PPP in 2019, the country was number 13 among other countries in Business Enterprise Expenditure on R&D Performed in Total Manufacturing. Sweden is overtaken by Austria, which was number 12 with $7,081,347,962.68 Million PPP and is followed by Netherlands at $6,314,317,819.3 Million PPP. China ranked the highest with $299,237,430,089.54 Million PPP in 2019, +3.9% versus 2018. United States, Japan and Germany respectively ranked number 2, 3 and 4 in this ranking. Iceland recorded the best 5 years average growth at +15.4% per year, while Finland recorded the worst performance at -3.9% per year.
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| Date | Million US Dollars PPP |
|---|---|
| 2019 | 7,019,406,819.32 |
| 2018 | 6,986,963,841.58 |
| 2017 | 6,898,445,427.95 |
| 2016 | 6,908,123,518.97 |
| 2015 | 7,458,759,470.26 |
How does Sweden rank in Business Enterprise Expenditure on R&D Performed in Total Manufacturing?
| # | 38 Countries | Million US Dollars PPP | Last | YoY | 5‑years CAGR | ||
|---|---|---|---|---|---|---|---|
| 1 |
#1
China
|
299,237,430,089.54 | 2019 | +3.9 % | +4.8 % | View data | |
| 2 |
#2
United States
|
269,195,268,842.01 | 2019 | +2.4 % | +3.0 % | View data | |
| 12 |
#12
Austria
|
7,081,347,962.68 | 2019 | +3.3 % | +4.8 % | View data | |
| 13 |
#13
Sweden
|
7,019,406,819.32 | 2019 | +0.5 % | +1.1 % | View data | |
| 14 |
#14
Netherlands
|
6,314,317,819.30 | 2019 | +2.0 % | +3.1 % | View data | |