The country came in number 3 in 2023, the United States overtook $82,900 Million PPP. The United States, Japan and Taiwan respectively ranked numbers 2, 3 and 4 in this ranking.
How does Japan rank in Business Enterprise R&D Expenditure in Manufacture of Fabricated Metal Products, Computer, Electronic and Optical Products, Electrical Equipment, Machinery, Motor Vehicles and Other Transport Equipment?
| # | 24 Countries | Million US Dollars PPP | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 China | 320,520 | 2023 | +11.79% | +12.91% | View data |
| 2 | 2 United States | 195,480 | 2023 | +3.57% | +4.63% | View data |
| 3 | 3 Japan | 82,900 | 2023 | +0.77% | +0.37% | |
| 4 | 4 Taiwan | 52,760 | 2023 | +13.37% | +14.26% | View data |
| 5 | 5 United Kingdom | 12,590 | 2023 | +2.29% | +2.24% | View data |