The country was number 2 in 2023, Japan overtook $37,580 Million PPP. China, the United States and South Korea respectively ranked numbers 2, 3 and 4 in this ranking.
How does China rank in Business Enterprise R&D Expenditure in Manufacture of Motor Vehicles, Trailers and Semi-Trailers?
| # | 22 Countries | Million US Dollars PPP | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 Japan | 42,120 | 2023 | +3.06% | +3.41% | View data |
| 2 | 2 China | 37,580 | 2023 | +4.97% | +3.91% | |
| 3 | 3 United States | 28,610 | 2023 | +3.35% | +2.26% | View data |
| 4 | 4 South Korea | 10,920 | 2023 | +2.97% | +2.04% | View data |
| 5 | 5 United Kingdom | 5,770 | 2023 | +4.26% | +5.2% | View data |
