The country came in number 10 in 2023, the Czech Republic overtook $161.71 Million PPP. Germany, Japan and South Korea respectively came in numbers 2, 3 and 4 in this ranking.
How does Italy rank in Business Enterprise R&D Expenditure in Manufacture of Instruments and Appliances for Measuring, Testing and Navigation; Watches and Clocks?
| # | 20 Countries | Million US Dollars PPP | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 United States | 13,690 | 2023 | +1.63% | +0.25% | View data |
| 2 | 2 Germany | 5,760 | 2023 | +3.04% | +4.61% | View data |
| 3 | 3 Japan | 2,240 | 2023 | +1.75% | -1.37% | View data |
| 4 | 4 South Korea | 1,380 | 2023 | +3.4% | +9.14% | View data |
| 5 | 5 United Kingdom | 1,120 | 2023 | +1.68% | +1.18% | View data |
| 8 | 8 Canada | 431.87 | 2023 | +1.9% | +3.21% | View data |
| 9 | 9 Czech Republic | 178.12 | 2023 | +0.58% | +1.08% | View data |
| 10 | 10 Italy | 161.71 | 2023 | -11.52% | -5% | |
| 11 | 11 Poland | 112.85 | 2023 | +6.01% | +3.84% | View data |
| 12 | 12 Spain | 103.74 | 2023 | +2.19% | +1.12% | View data |
