The country came in number 16 in 2023, Slovenia came ahead $164.15 Million PPP. Japan, Israel and South Korea respectively were numbers 2, 3 and 4 in this ranking.
How does Iceland rank in Business Enterprise R&D Expenditure in Scientific Research and Development?
| # | 21 Countries | Million US Dollars PPP | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 United States | 43,370 | 2023 | +14.77% | +16.53% | View data |
| 2 | 2 Japan | 8,440 | 2023 | +11.09% | +0.17% | View data |
| 3 | 3 Israel | 6,290 | 2023 | +4.3% | +4.37% | View data |
| 4 | 4 South Korea | 4,190 | 2023 | +17.92% | +39.03% | View data |
| 5 | 5 Spain | 3,150 | 2023 | +1.75% | +1.71% | View data |
| 14 | 14 Romania | 167.73 | 2023 | +3.25% | +4.22% | View data |
| 15 | 15 Slovenia | 164.99 | 2023 | +1.69% | +2.05% | View data |
| 16 | 16 Iceland | 164.15 | 2023 | +4.11% | +12.11% | |
| 17 | 17 Taiwan | 159.22 | 2023 | +3.39% | +6.7% | View data |
| 18 | 18 Chile | 86.51 | 2023 | +3.68% | +5.88% | View data |
