The country ranked number 2 in 2023, Germany overtook $350.78 Million PPP. Taiwan, Spain and Italy respectively ranked numbers 2, 3 and 4 in this ranking.
How does Taiwan rank in Business Enterprise R&D Expenditure in Manufacture of Railway Locomotives and Rolling Stock?
| # | 9 Countries | Million US Dollars PPP | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 Germany | 427.54 | 2023 | +3.5% | +16.78% | View data |
| 2 | 2 Taiwan | 350.78 | 2023 | +5.99% | +3.1% | |
| 3 | 3 Spain | 205.2 | 2023 | +2.17% | +3.88% | View data |
| 4 | 4 Italy | 132.93 | 2023 | +17.57% | +7.48% | View data |
| 5 | 5 South Korea | 97.74 | 2023 | +0.39% | +7.1% | View data |
