In 2023, Italy led R&D expenditure in the repair of computers and communication equipment at $5.61 million PPP, despite a 3.34% decline. South Korea, although second in expenditure at $3.83 million PPP, saw a modest 1.81% increase. The Czech Republic experienced a robust 22.98% growth, reaching $3.6 million PPP. Spain and Hungary reported slight declines, whereas Taiwan achieved a significant 37.5% increase, albeit with the lowest expenditure of $1.03 million PPP.
Future trends to watch include the sustained growth in the Czech Republic, potential recovery in Italy and Spain, and continued progress in Taiwan, as these regions adapt to the evolving technological landscape and global economic conditions.
Top countries in Business Enterprise R&D Expenditure in Repair of Computers and Communication Equipment by Country
| # | 6 Countries | Million US Dollars PPP | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 Italy | 5.61 | 2023 | +10.84% | -3.34% | View data |
| 2 | 2 South Korea | 3.83 | 2023 | +11.25% | +1.81% | View data |
| 3 | 3 Czech Republic | 3.6 | 2023 | +0.36% | +22.98% | View data |
| 4 | 4 Hungary | 3.22 | 2021 | -19.64% | View data | |
| 5 | 5 Spain | 3.11 | 2023 | -4.22% | -0.35% | View data |
| 6 | 6 Taiwan | 1.03 | 2023 | +6.72% | +37.5% | View data |
