The country came in number 16 in 2023, Austria came ahead $475.78 Million PPP. China, Russia and the United Kingdom respectively came in numbers 2, 3 and 4 in this ranking.
How does Sweden rank in Business Enterprise Expenditure on R&D Financed by Government?
| # | 44 Countries | Million US Dollars PPP, Constant | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 United States | 29,620 | 2023 | +2.29% | +4.28% | View data |
| 2 | 2 China | 16,420 | 2023 | +8.27% | +7.2% | View data |
| 3 | 3 Russia | 14,090 | 2023 | +2.62% | +4.25% | View data |
| 4 | 4 United Kingdom | 4,200 | 2021 | +6.52% | View data | |
| 5 | 5 France | 3,830 | 2023 | +0.49% | +4.8% | View data |
| 14 | 14 Taiwan | 637.82 | 2023 | +3.04% | +7.02% | View data |
| 15 | 15 Austria | 504.57 | 2023 | +4.88% | +6.65% | View data |
| 16 | 16 Sweden | 475.87 | 2023 | +0.032% | -3.22% | |
| 17 | 17 Norway | 447.06 | 2023 | +3.02% | +5.12% | View data |
| 18 | 18 Greece | 361.76 | 2023 | +22.93% | +28.19% | View data |