The country was number 12 in 2023, the Netherlands overtook $1,080 Million PPP. China, Russia and South Korea respectively were numbers 2, 3 and 4 in this ranking.
How does Italy rank in Business Enterprise Expenditure on R&D Financed by Government?
| # | 46 Countries | Million US Dollars PPP | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 United States | 33,170 | 2023 | +1.7% | +5.56% | View data |
| 2 | 2 China | 16,800 | 2023 | +8.35% | +7.66% | View data |
| 3 | 3 Russia | 16,710 | 2023 | +2.36% | +4.81% | View data |
| 4 | 4 South Korea | 6,940 | 2023 | +12.9% | +14.64% | View data |
| 5 | 5 United Kingdom | 4,910 | 2021 | +7.94% | View data | |
| 10 | 10 Japan | 1,330 | 2023 | +1.57% | +3.62% | View data |
| 11 | 11 Netherlands | 1,140 | 2023 | +5% | +5.57% | View data |
| 12 | 12 Italy | 1,080 | 2023 | +0.4% | -1.17% | |
| 13 | 13 Hungary | 828.35 | 2023 | +6.66% | +7.43% | View data |
| 14 | 14 Taiwan | 779.55 | 2023 | +8.56% | +11.26% | View data |
