The country came in number 40 in 2023, Lithuania overtook $380.61 Million PPP. China, Japan and South Korea respectively came in numbers 2, 3 and 4 in this ranking.
How does Luxembourg 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 |
| 37 | 37 Estonia | 444.22 | 2023 | +3.62% | +14.14% | View data |
| 38 | 38 Lithuania | 414.39 | 2023 | +6.51% | +7.36% | View data |
| 39 | 39 Luxembourg | 397.33 | 2023 | -0.43% | -0.89% | |
| 40 | 40 Bulgaria | 392.02 | 2023 | +0.19% | -2.59% | View data |
| 41 | 41 Iceland | 292.37 | 2023 | +9.84% | +12.1% | View data |
