The country was number 2 in 2023, Germany came ahead €1,960 Million. Italy, Spain and Slovakia respectively ranked numbers 2, 3 and 4 in this ranking.
How does Italy rank in Business Enterprise R&D Expenditure in Manufacture of Machinery and Equipment?
| # | 9 Countries | Million Euros | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 Germany | 7,550 | 2023 | +2.34% | +1.2% | View data |
| 2 | 2 Italy | 1,960 | 2023 | +2.68% | -0.21% | |
| 3 | 3 Spain | 301.91 | 2023 | +2.38% | +1.96% | View data |
| 4 | 4 Slovakia | 62.87 | 2023 | +8.48% | +10.34% | View data |
| 5 | 5 Portugal | 50.2 | 2023 | +9.11% | +10.65% | View data |
