The country came in number 12 in 2023, the Netherlands overtook $863.48 Million PPP. China, Russia and the United Kingdom respectively came in numbers 2, 3 and 4 in this ranking.
How does Italy rank in Business Enterprise Expenditure on R&D Financed by Government?
| # | 44 Countries | Million US Dollars PPP, Constant | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 United States | 29,620 | 2023 | +2.29% | +4.28% | View data |
| 2 | 2 China | 16,420 | 2023 | +8.27% | +7.2% | View data |
| 3 | 3 Russia | 14,090 | 2023 | +2.62% | +4.25% | View data |
| 4 | 4 United Kingdom | 4,200 | 2021 | +6.52% | View data | |
| 5 | 5 France | 3,830 | 2023 | +0.49% | +4.8% | View data |
| 10 | 10 Spain | 1,140 | 2023 | -1.82% | +0.44% | View data |
| 11 | 11 Netherlands | 908.37 | 2023 | +0.74% | +1.63% | View data |
| 12 | 12 Italy | 863.48 | 2023 | -1.29% | -3.46% | |
| 13 | 13 Hungary | 717.71 | 2023 | +5.71% | +5.48% | View data |
| 14 | 14 Taiwan | 637.82 | 2023 | +3.04% | +7.02% | View data |
