The country was number 16 in 2023, Estonia overtook $19.32 Million PPP. The United Kingdom, Taiwan and Germany respectively ranked numbers 2, 3 and 4 in this ranking.
How does Iceland rank in Business Enterprise R&D Expenditure in Financial and Insurance Activities?
| # | 20 Countries | Million US Dollars PPP | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 United States | 43,150 | 2023 | +28.79% | +42.01% | View data |
| 2 | 2 United Kingdom | 1,340 | 2021 | +13.9% | View data | |
| 3 | 3 Taiwan | 525.1 | 2023 | +8.77% | +11.72% | View data |
| 4 | 4 Germany | 472.89 | 2023 | +2.49% | +8.07% | View data |
| 5 | 5 Poland | 402.09 | 2021 | -2.54% | View data | |
| 14 | 14 Hungary | 48.52 | 2023 | +22.06% | +59.95% | View data |
| 15 | 15 Estonia | 29.54 | 2023 | +3.44% | -1.19% | View data |
| 16 | 16 Iceland | 19.32 | 2023 | +31.18% | +48.43% | |
| 17 | 17 Slovakia | 14.78 | 2021 | +15.53% | +27.73% | View data |
| 18 | 18 Lithuania | 7.15 | 2023 | -1.22% | -5.1% | View data |
