The country came in number 10 in 2023, Finland came ahead $487.85 Million PPP. Japan, Germany and South Korea respectively ranked numbers 2, 3 and 4 in this ranking.
How does Spain rank in Business Enterprise R&D Expenditure in Manufacture of Machinery and Equipment?
| # | 20 Countries | Million US Dollars PPP | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 United States | 19,280 | 2023 | +2.56% | +5.43% | View data |
| 2 | 2 Japan | 14,030 | 2023 | +5.42% | +0.49% | View data |
| 3 | 3 Germany | 10,270 | 2023 | +2.53% | +1.21% | View data |
| 4 | 4 South Korea | 5,190 | 2023 | +4.15% | +3.95% | View data |
| 5 | 5 Italy | 3,080 | 2023 | +3.51% | +1.14% | View data |
| 8 | 8 Canada | 775.72 | 2023 | +2.96% | +1.08% | View data |
| 9 | 9 Finland | 767.68 | 2023 | +2.74% | +5.55% | View data |
| 10 | 10 Spain | 487.85 | 2023 | +2.18% | +2.38% | |
| 11 | 11 Poland | 453.55 | 2023 | +8.83% | +8.75% | View data |
| 12 | 12 Czech Republic | 379.9 | 2023 | +2.15% | +0.27% | View data |
