In 2023, Canada led in R&D expenditure within the wholesale sector of information and communication equipment, while Taiwan displayed significant growth. Despite minor setbacks, Spain and Italy remained prominent, maintaining their positions among the leading contributors. Eastern European countries like Lithuania and the Czech Republic showed remarkable growth rates, although Estonia, Romania, and New Zealand experienced little to no change.
Looking ahead, emerging trends suggest a possible shift in R&D investments towards nations demonstrating high growth rates, such as Lithuania and the Czech Republic. Monitoring the technological advancements in these countries could offer insights into global shifts in the wholesale information and communication equipment sector.
Top countries in Business Enterprise R&D Expenditure in Wholesale of Information and Communication Equipment by Country
| # | 10 Countries | Million US Dollars PPP = 2015 | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 Canada | 1,060 | 2023 | +4.72% | +6.18% | View data |
| 2 | 2 Taiwan | 358.48 | 2023 | +12.35% | +11.44% | View data |
| 3 | 3 Spain | 134.71 | 2023 | -3.34% | -1.82% | View data |
| 4 | 4 Italy | 110.77 | 2023 | +2.51% | -3.3% | View data |
| 5 | 5 Poland | 36.95 | 2023 | +5.6% | +8.46% | View data |
| 6 | 6 Portugal | 29.67 | 2023 | +1.58% | +3.79% | View data |
| 7 | 7 Norway | 16.96 | 2023 | +0.54% | -1.41% | View data |
| 8 | 8 Lithuania | 14.46 | 2023 | +25.89% | +18.05% | View data |
| 9 | 9 Czech Republic | 14.15 | 2023 | +3.81% | +17.5% | View data |
| 10 | 10 Slovakia | 2.85 | 2021 | -7.37% | View data |
