The country was number 3 in 2023, the United States overtook $111,570 Million PPP. The United States, Japan and Mexico respectively ranked numbers 2, 3 and 4 in this ranking.
How does Japan rank in Experimental Development Expenditures by Business Enterprise?
| # | 5 Countries | Million US Dollars PPP | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 China | 507,240 | 2023 | +4.05% | +4.25% | View data |
| 2 | 2 United States | 373,670 | 2023 | +2.5% | +2.5% | View data |
| 3 | 3 Japan | 111,570 | 2023 | +1.64% | +1.68% | |
| 4 | 4 Mexico | 1,310 | 2023 | -1.13% | -0.91% | View data |
| 5 | 5 Iceland | 121.33 | 2023 | +1.2% | +0.65% | View data |