The country ranked number 2 in 2021, China overtook $4,410 Million PPP = 2015. The United States, Japan and Germany respectively were numbers 2, 3 and 4 in this ranking.
How does the United States rank in Business Enterprise R&D Expenditure in Manufacture of Electrical Equipment?
| # | 22 Countries | Million US Dollars PPP = 2015 | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 China | 48,170 | 2023 | +8.82% | +9.09% | View data |
| 2 | 2 United States | 5,260 | 2023 | +2.27% | +4.44% | |
| 3 | 3 Germany | 3,740 | 2023 | +3.05% | +2.01% | View data |
| 4 | 4 Italy | 967.02 | 2023 | +7.06% | +2% | View data |
| 5 | 5 Taiwan | 690.04 | 2023 | -1.82% | +0.76% | View data |