The country ranked number 19 in 2023, Lithuania came ahead $7.83 Million PPP = 2015. The United States, Japan and Germany respectively ranked numbers 2, 3 and 4 in this ranking.
How does Romania 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 |
| 17 | 17 Iceland | 23.45 | 2023 | +6% | +3.65% | View data |
| 18 | 18 Lithuania | 8.47 | 2023 | +9.42% | +9.67% | View data |
| 19 | 19 Romania | 7.83 | 2023 | +15.16% | +2.97% | |
| 20 | 20 Latvia | 6.92 | 2023 | +15.05% | +21.91% | View data |
| 21 | 21 Estonia | 2.96 | 2023 | -0.3% | -4.31% | View data |