The country came in number 2 in 2023, South Korea overtook $4,470 Million PPP. Taiwan, Poland and the Czech Republic respectively ranked numbers 2, 3 and 4 in this ranking.
How does Taiwan rank in Business Enterprise Expenditure on R&D in Natural Sciences?
| # | 14 Countries | Million US Dollars PPP | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 South Korea | 19,390 | 2023 | +5.77% | +6.36% | View data |
| 2 | 2 Taiwan | 4,460 | 2023 | +11.77% | +12.81% | |
| 3 | 3 Poland | 4,010 | 2023 | +13.42% | +17.12% | View data |
| 4 | 4 Czech Republic | 2,220 | 2023 | +9.64% | +11.63% | View data |
| 5 | 5 Canada | 1,880 | 2023 | +0.33% | +4.91% | View data |