The country was number 18 in 2023, Mexico overtook $3.55 Million PPP = 2015. Germany, Japan and South Korea respectively ranked numbers 2, 3 and 4 in this ranking.
How does Latvia rank in Business Enterprise R&D Expenditure in Manufacture of Instruments and Appliances for Measuring, Testing and Navigation; Watches and Clocks?
| # | 19 Countries | Million US Dollars PPP = 2015 | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 United States | 12,880 | 2023 | +0.76% | +0.08% | View data |
| 2 | 2 Germany | 4,860 | 2023 | +2.55% | +3.25% | View data |
| 3 | 3 Japan | 2,120 | 2023 | +0.58% | -2.68% | View data |
| 4 | 4 South Korea | 1,300 | 2023 | +4.59% | +8.95% | View data |
| 5 | 5 Israel | 588.77 | 2023 | +0.29% | -0.47% | View data |
| 16 | 16 Iceland | 4.8 | 2023 | +6.65% | +13.74% | View data |
| 17 | 17 Mexico | 3.55 | 2023 | -1.44% | -1.2% | View data |
| 18 | 18 Latvia | 3.55 | 2023 | +0.79% | -3.67% | |
| 19 | 19 Estonia | 1.98 | 2023 | +2.38% | +63.8% | View data |
