Turkey - Business Enterprise Expenditure on R&D Performed in the Computer, Electronic and Optical Industry

Since 2014, Turkey Business Enterprise Expenditure on R&D Performed in the Computer, Electronic and Optical Industry jumped by 52.4% year on year. In 2019, the country was ranked number 8 among other countries in Business Enterprise Expenditure on R&D Performed in the Computer, Electronic and Optical Industry with $1,951.28 Million PPP. Turkey is overtaken by France, which was ranked number 7 with $5,063.01 Million PPP and is followed by Switzerland at $1,767.87 Million PPP. United States ranked the highest with $82,180.12 Million PPP in 2019, that is a growth of 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 1,951.28
2018 1,816.33
2017 1,903.18
2016 1,408.14
2015 292.81
Download all data from 1990 to 2019

How does Turkey rank in Business Enterprise Expenditure on R&D Performed in the Computer, Electronic and Optical Industry?

# 35 Countries Million 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
7 #7
France
5,063.01 2019 +1.4 % +1.7 % View data
8 #8
Turkey
1,951.28 2019 +7.4 % +52.4 % View data
9 #9
Switzerland
1,767.87 2019 +2.4 % +0.6 % View data
Compare all 35 countries

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