The country came in number 43 in 2023, Kazakhstan came ahead $149.15 Million PPP. China, Japan and South Korea respectively came in numbers 2, 3 and 4 in this ranking.
How does Cyprus rank in Business Enterprise Expenditure on R&D Financed by the Business Enterprise Sector?
| # | 45 Countries | Million US Dollars PPP, Constant | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 United States | 545,370 | 2023 | +6.85% | +8.1% | View data |
| 2 | 2 China | 543,520 | 2023 | +8.09% | +9.59% | View data |
| 3 | 3 Japan | 136,220 | 2023 | +1.3% | +0.2% | View data |
| 4 | 4 South Korea | 89,310 | 2023 | +4.3% | +4.54% | View data |
| 5 | 5 Germany | 78,860 | 2023 | +1.45% | -0.26% | View data |
| 41 | 41 Iceland | 292.37 | 2023 | +9.84% | +12.1% | View data |
| 42 | 42 Kazakhstan | 210.92 | 2023 | +2.01% | +2.37% | View data |
| 43 | 43 Cyprus | 149.15 | 2023 | +12.11% | +17.1% | |
| 44 | 44 Latvia | 121.69 | 2023 | +3.19% | +14.64% | View data |
| 45 | 45 Malta | 81.29 | 2023 | +4.06% | +3.28% | View data |
