The country came in number 7 in 2023, the United Kingdom overtook $3,220 Million PPP. Germany, South Korea and France respectively were numbers 2, 3 and 4 in this ranking.
How does Italy rank in R&D Capital Costs?
| # | 27 Countries | Million US Dollars PPP, Constant | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 Japan | 19,780 | 2023 | +1.18% | +1.6% | View data |
| 2 | 2 Germany | 11,940 | 2023 | +1.63% | +2.02% | View data |
| 3 | 3 South Korea | 10,360 | 2023 | +2.97% | +4.15% | View data |
| 4 | 4 France | 6,580 | 2023 | +0.5% | -0.66% | View data |
| 5 | 5 Taiwan | 4,660 | 2023 | +2.33% | +3.57% | View data |
| 6 | 6 United Kingdom | 4,370 | 2023 | -3.6% | -4.13% | View data |
| 7 | 7 Italy | 3,220 | 2023 | +1.35% | +0.31% | |
| 8 | 8 Belgium | 1,930 | 2023 | +3.43% | +5.37% | View data |
| 9 | 9 Sweden | 1,140 | 2023 | +2.63% | +3.76% | View data |