The country was number 16 in 2023, China came ahead 4.2 Percent of Total BERD. Denmark, the United States and Hungary respectively ranked numbers 2, 3 and 4 in this ranking.
How does Finland rank in Business Enterprise Expenditure on R&D Performed in the Pharmaceutical Industry?
| # | 28 Countries | Percent of Total BERD | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 Belgium | 27.77 | 2023 | +1.02% | -0.23% | View data |
| 2 | 2 Denmark | 23.82 | 2023 | +0.27% | +1.53% | View data |
| 3 | 3 United States | 17.66 | 2023 | +1.53% | +1.15% | View data |
| 4 | 4 Hungary | 14.14 | 2023 | -4.76% | -1.96% | View data |
| 5 | 5 Greece | 10.89 | 2023 | +7% | +13.6% | View data |
| 14 | 14 Italy | 4.63 | 2023 | -1.48% | +3.86% | View data |
| 15 | 15 China | 4.38 | 2023 | -0.043% | +2.8% | View data |
| 16 | 16 Finland | 4.2 | 2023 | +2.68% | +3.52% | |
| 17 | 17 Austria | 3.03 | 2023 | -2.62% | -3.72% | View data |
| 18 | 18 South Korea | 2.71 | 2023 | +0.84% | +3.37% | View data |
Latest reports
US Pharmaceuticals Market Report- Q4 2024
In the fourth quarter of 2024, the US pharmaceuticals market exhibited robust growth across various segments, driven by strategic investments, regulatory advancements, and...
Japan Pharmaceuticals Market Report- Q4 2024
The Japanese pharmaceutical industry in Q4 2024 exhibits dynamic shifts driven by government policies, market demand, and strategic innovations. The continuous rise of...
Germany Pharmaceuticals Market Report- Q4 2024
The fourth quarter of 2024 presented a multifaceted landscape for the German pharmaceuticals industry, characterized by economic pressures, regulatory changes, and evolving consumer...
India Pharmaceuticals Market Report- Q4 2024
The Indian pharmaceutical industry in Q4 2024 continues to show dynamic growth, fueled by advancements in biologics and biosimilars, substantial export activities, and...
UK Pharmaceuticals Market Report- Q4 2024
The UK Pharmaceuticals market in Q4 2024 faced a dynamic landscape shaped by economic, regulatory, and competitive factors. Amidst inflationary pressures and evolving...
France Pharmaceuticals Market Report- Q4 2024
The French pharmaceuticals market in the fourth quarter of 2024 was marked by significant developments across various segments, including biopharmaceuticals, generic drugs, over-the-counter...
Canada Pharmaceuticals Market Report- Q4 2024
In the fourth quarter of 2024, the Canadian pharmaceuticals market showcased dynamic growth and adaptation across various segments. The evolving landscape was influenced...
Brazil Pharmaceuticals Market Report- Q4 2024
The Brazil pharmaceuticals market in Q4 2024 is characterized by significant trends and strategic developments across various segments. The demand for generic pharmaceuticals...
Italy Pharmaceuticals Market Report- Q4 2024
The fourth quarter of 2024 presents a dynamic landscape for the pharmaceuticals market in Italy, characterized by significant trends and strategic developments across...
South Korea Pharmaceuticals Market Report- Q1 2025
The first quarter of 2025 has been pivotal for the pharmaceuticals industry in South Korea, marked by significant growth in the biopharmaceuticals and...
