The country came in number 8 in 2021, Italy overtook $764.16 Million PPP = 2015. The United States, Japan and Germany respectively were numbers 2, 3 and 4 in this ranking.
How does Taiwan rank in Business Enterprise R&D Expenditure in Manufacture of Electrical Equipment?
| # | 22 Countries | Million US Dollars PPP = 2015 | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 China | 48,170 | 2023 | +8.82% | +9.09% | View data |
| 2 | 2 United States | 5,260 | 2023 | +2.27% | +4.44% | View data |
| 3 | 3 Germany | 3,740 | 2023 | +3.05% | +2.01% | View data |
| 4 | 4 Italy | 967.02 | 2023 | +7.06% | +2% | View data |
| 5 | 5 Taiwan | 690.04 | 2023 | -1.82% | +0.76% | |
| 6 | 6 Israel | 451.66 | 2023 | +2.5% | +7.92% | View data |
| 7 | 7 Czech Republic | 417.75 | 2023 | +4.81% | +5.06% | View data |