The country came in number 2 in 2023, the United States came ahead $8,440 Million PPP. Japan, Israel and South Korea respectively were numbers 2, 3 and 4 in this ranking.
How does Japan rank in Business Enterprise R&D Expenditure in Scientific Research and Development?
| # | 21 Countries | Million US Dollars PPP | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 United States | 43,370 | 2023 | +14.77% | +16.53% | View data |
| 2 | 2 Japan | 8,440 | 2023 | +11.09% | +0.17% | |
| 3 | 3 Israel | 6,290 | 2023 | +4.3% | +4.37% | View data |
| 4 | 4 South Korea | 4,190 | 2023 | +17.92% | +39.03% | View data |
| 5 | 5 Spain | 3,150 | 2023 | +1.75% | +1.71% | View data |
