The country was number 20 in 2023, Latvia overtook $2.27 Million PPP. The United States, Germany and South Korea respectively were numbers 2, 3 and 4 in this ranking.
How does Iceland rank in Business Enterprise R&D Expenditure in Manufacture of Chemicals and Chemical Products?
| # | 21 Countries | Million US Dollars PPP | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 China | 25,840 | 2023 | +4.31% | +1.54% | View data |
| 2 | 2 United States | 9,520 | 2023 | +0.18% | -0.057% | View data |
| 3 | 3 Germany | 6,560 | 2023 | +2.71% | +2.85% | View data |
| 4 | 4 South Korea | 4,850 | 2023 | +3.8% | +3.1% | View data |
| 5 | 5 Taiwan | 1,080 | 2023 | +3.31% | +4.35% | View data |
| 18 | 18 Slovakia | 10.92 | 2023 | +3.42% | +10.39% | View data |
| 19 | 19 Latvia | 2.61 | 2023 | +3.82% | +7.25% | View data |
| 20 | 20 Iceland | 2.28 | 2023 | +5.37% | -1.11% | |
| 21 | 21 Romania | 2.2 | 2023 | -18% | -16.47% | View data |
