United States - Business Enterprise Expenditure on R&D Performed in the Aerospace Industry
Since 2014, United States Business Enterprise Expenditure on R&D Performed in the Aerospace Industry increased 0.8% year on year. In 2019, the country was number 1 comparing other countries in Business Enterprise Expenditure on R&D Performed in the Aerospace Industry with $27,176,603,073.86 Million PPP. France, United Kingdom and Germany respectively ranked number 2, 3 and 4 in this ranking. South Korea recorded the best 5 years average growth at +23.7% per year, while Iceland was the worst growing country at -100% per year.
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| Date | Million US Dollars PPP |
|---|---|
| 2019 | 27,176,603,073.86 |
| 2018 | 26,920,728,597.31 |
| 2017 | 26,383,000,000.00 |
| 2016 | 26,645,000,000.00 |
| 2015 | 27,464,000,000.00 |
Download all data from 1987 to 2019
How does United States rank in Business Enterprise Expenditure on R&D Performed in the Aerospace Industry?
| # | 17 Countries | Million US Dollars PPP | Last | YoY | 5‑years CAGR | |
|---|---|---|---|---|---|---|
| 1 |
#1
United States
|
27,176,603,073.86 | 2019 | +0.9 % | +0.8 % | View data |
| 2 |
#2
France
|
3,578,650,510.73 | 2019 | +0.6 % | -2.0 % | View data |
| 3 |
#3
United Kingdom
|
2,502,972,941.94 | 2019 | +2.3 % | +3.2 % | View data |
| 4 |
#4
Germany
|
2,018,596,782.53 | 2019 | -1.7 % | -2.9 % | View data |
| 5 |
#5
Italy
|
1,897,905,915.36 | 2019 | +3.7 % | +12.6 % | View data |