The country ranked number 2 in 2023, China overtook $343,330 Million PPP. The United States, Japan and South Korea respectively came in numbers 2, 3 and 4 in this ranking.
How does the United States rank in Experimental Development Expenditures by Business Enterprise?
| # | 8 Countries | Million US Dollars PPP, Constant | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 China | 478,190 | 2023 | +3.81% | +4.11% | View data |
| 2 | 2 United States | 343,330 | 2023 | +1.83% | +1.85% | |
| 3 | 3 Japan | 109,770 | 2023 | +1.16% | +1.11% | View data |
| 4 | 4 South Korea | 61,480 | 2023 | +3.15% | +3.02% | View data |
| 5 | 5 Israel | 14,450 | 2023 | +2.91% | +2.86% | View data |