The country was number 27 in 2023, Estonia came ahead $79,756,000 Million PPP. Japan, South Korea and Germany respectively ranked numbers 2, 3 and 4 in this ranking.
How does Latvia rank in Business Enterprise Expenditure on R&D Performed in High and Medium-High R&D Intensive Industries?
| # | 28 Countries | Million US Dollars PPP | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 China | 339,380,000,000 | 2023 | +8.95% | +10.81% | View data |
| 2 | 2 Japan | 106,440,000,000 | 2023 | +1.24% | +0.79% | View data |
| 3 | 3 South Korea | 81,369,000,000 | 2023 | +4.74% | +4.56% | View data |
| 4 | 4 Germany | 80,275,000,000 | 2023 | +2.41% | +0.82% | View data |
| 5 | 5 Taiwan | 54,050,000,000 | 2023 | +13.76% | +14.33% | View data |
| 25 | 25 Chile | 104,950,000 | 2023 | +2.22% | +2.33% | View data |
| 26 | 26 Estonia | 103,930,000 | 2023 | +4.95% | +11.02% | View data |
| 27 | 27 Latvia | 79,756,000 | 2023 | +14.59% | +19.79% | |
| 28 | 28 Iceland | 34,626,000 | 2023 | +4.46% | +2.91% | View data |
