The country was number 42 in 2023, Estonia overtook $35.67 Million PPP. The United States, Germany and Russia respectively were numbers 2, 3 and 4 in this ranking.
How does Latvia rank in Government Expenditure on R&D Financed by Government?
| # | 45 Countries | Million US Dollars PPP | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 China | 94,440 | 2023 | +7.1% | +9.69% | View data |
| 2 | 2 United States | 69,180 | 2023 | +2.01% | +2.95% | View data |
| 3 | 3 Germany | 21,180 | 2023 | +4.95% | +5.81% | View data |
| 4 | 4 Russia | 15,380 | 2023 | +4.02% | +4.23% | View data |
| 5 | 5 Japan | 14,690 | 2023 | +1.52% | +2.71% | View data |
| 40 | 40 Lithuania | 108.11 | 2023 | +1.84% | +4.06% | View data |
| 41 | 41 Estonia | 87.96 | 2023 | +4.08% | +5.53% | View data |
| 42 | 42 Latvia | 35.67 | 2023 | +1.29% | +0.56% | |
| 43 | 43 Costa Rica | 29.45 | 2023 | -3.67% | -2.86% | View data |
| 44 | 44 Cyprus | 16.87 | 2023 | -0.97% | -0.05% | View data |