The country was number 5 in 2023, Slovakia overtook €50.2 Million. Italy, Spain and Slovakia respectively were numbers 2, 3 and 4 in this ranking.
How does Portugal rank in Business Enterprise R&D Expenditure in Manufacture of Machinery and Equipment?
| # | 9 Countries | Million Euros | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 Germany | 7,550 | 2023 | +2.34% | +1.2% | View data |
| 2 | 2 Italy | 1,960 | 2023 | +2.68% | -0.21% | View data |
| 3 | 3 Spain | 301.91 | 2023 | +2.38% | +1.96% | View data |
| 4 | 4 Slovakia | 62.87 | 2023 | +8.48% | +10.34% | View data |
| 5 | 5 Portugal | 50.2 | 2023 | +9.11% | +10.65% | |
| 6 | 6 Slovenia | 43.12 | 2023 | +3.87% | +8.2% | View data |
| 7 | 7 Latvia | 4.24 | 2023 | +16.26% | +25.18% | View data |
