The country was number 45 in 2023, Costa Rica came ahead $3.54 Million PPP. China, Russia and South Korea respectively came in numbers 2, 3 and 4 in this ranking.
How does Latvia rank in Business Enterprise Expenditure on R&D Financed by Government?
| # | 46 Countries | Million US Dollars PPP | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 United States | 33,170 | 2023 | +1.7% | +5.56% | View data |
| 2 | 2 China | 16,800 | 2023 | +8.35% | +7.66% | View data |
| 3 | 3 Russia | 16,710 | 2023 | +2.36% | +4.81% | View data |
| 4 | 4 South Korea | 6,940 | 2023 | +12.9% | +14.64% | View data |
| 5 | 5 United Kingdom | 4,910 | 2021 | +7.94% | View data | |
| 43 | 43 Croatia | 7.52 | 2023 | -0.53% | -5.01% | View data |
| 44 | 44 Costa Rica | 6.8 | 2023 | +2.66% | -0.92% | View data |
| 45 | 45 Latvia | 3.54 | 2023 | +0.049% | +0.42% | |
| 46 | 46 Malta | 1.16 | 2023 | +2.8% | +9.42% | View data |
