In 2023, China led with $490.89 billion in Global GERD Financed by Industry, showing a 4.02% increase year-on-year. Russia and the Czech Republic exhibited growth at 2.0% and 2.32%, reaching $11.84 billion and $2.79 billion, respectively. Canada saw a slight decline of 0.57%, totaling $10.59 billion. Mexico's funding decreased significantly by 4.95%, landing at $1.08 billion. Slovakia grew by 3.78% to $0.87466 billion, while Iceland remained stable at 0.12%, marking $0.15472 billion.
Future trends to watch include China's continued dominance, potential policy impacts on Russian and Canadian funding, and growth opportunities in the Czech Republic and Slovakia. Monitoring economic and geopolitical factors influencing these countries will be crucial for understanding their GERD financing landscape.
Top countries in GERD Financed by Industry (in Million Constant USD PPPs) by Country
| # | 7 Countries | Million US Dollars PPP, Constant | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 China | 490,890 | 2023 | +3.81% | +4.02% | View data |
| 2 | 2 Russia | 11,840 | 2023 | +1.24% | +2% | View data |
| 3 | 3 Canada | 10,590 | 2023 | -0.81% | -0.57% | View data |
| 4 | 4 Czech Republic | 2,790 | 2023 | +1.71% | +2.32% | View data |
| 5 | 5 Mexico | 1,080 | 2023 | -5.47% | -4.95% | View data |
| 6 | 6 Slovakia | 874.66 | 2023 | +3.35% | +3.78% | View data |
| 7 | 7 Iceland | 154.72 | 2023 | +0.78% | +0.12% | View data |
