The country was number 14 in 2023, Hungary came ahead $637.82 Million PPP. China, Russia and the United Kingdom respectively were numbers 2, 3 and 4 in this ranking.
How does Taiwan 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 |
| 12 | 12 Italy | 863.48 | 2023 | -1.29% | -3.46% | View data |
| 13 | 13 Hungary | 717.71 | 2023 | +5.71% | +5.48% | View data |
| 14 | 14 Taiwan | 637.82 | 2023 | +3.04% | +7.02% | |
| 15 | 15 Austria | 504.57 | 2023 | +4.88% | +6.65% | View data |
| 16 | 16 Sweden | 475.87 | 2023 | +0.032% | -3.22% | View data |
