The country ranked number 21 in 2023, Latvia came ahead $2.96 Million PPP = 2015.
How does Estonia rank in Business Enterprise R&D Expenditure in Manufacture of Machinery and Equipment?
| # | 21 Countries | Million US Dollars PPP = 2015 | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 China | 51,750 | 2023 | +3.96% | +8.44% | View data |
| 2 | 2 United States | 14,480 | 2023 | +1.15% | +0.62% | View data |
| 3 | 3 Japan | 13,550 | 2023 | +4.85% | -0.27% | View data |
| 4 | 4 Germany | 8,560 | 2023 | +1.24% | -0.4% | View data |
| 5 | 5 South Korea | 5,000 | 2023 | +4.02% | +4.21% | View data |
| 19 | 19 Romania | 7.83 | 2023 | +15.16% | +2.97% | View data |
| 20 | 20 Latvia | 6.92 | 2023 | +15.05% | +21.91% | View data |
| 21 | 21 Estonia | 2.96 | 2023 | -0.3% | -4.31% | |
