The country ranked number 11 in 2023, Spain overtook $14,500 PPP. The United States, Japan and South Korea respectively came in numbers 2, 3 and 4 in this ranking.
How does Sweden rank in Business Enterprise Expenditure on R&D?
| # | 27 Countries | US Dollars PPP | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 China | 527,960 | 2023 | +4.06% | +4.23% | View data |
| 2 | 2 United States | 477,260 | 2023 | +2.47% | +2.49% | View data |
| 3 | 3 Japan | 147,030 | 2023 | +1.56% | +1.56% | View data |
| 4 | 4 South Korea | 93,420 | 2023 | +3.46% | +3.4% | View data |
| 5 | 5 Taiwan | 40,910 | 2023 | +3.44% | +3.28% | View data |
| 9 | 9 Netherlands | 16,220 | 2023 | +3.43% | +2.43% | View data |
| 10 | 10 Spain | 14,810 | 2023 | +2.41% | +2.16% | View data |
| 11 | 11 Sweden | 14,500 | 2023 | +2.32% | +2.47% | |
| 12 | 12 Belgium | 13,650 | 2023 | +3.23% | +3.22% | View data |
| 13 | 13 United Arab Emirates | 6,770 | 2023 | +3.18% | +3.01% | View data |
