The country ranked number 5 in 2023, Germany overtook $73,580,000,000 Million PPP. The United States, Japan and Germany respectively ranked numbers 2, 3 and 4 in this ranking.
How does South Korea rank in Business Enterprise Expenditure on R&D Performed in High and Medium-High R&D Intensive Industries?
| # | 27 Countries | Million US Dollars PPP, Constant | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 China | 298,130,000,000 | 2023 | +6.19% | +8% | View data |
| 2 | 2 United States | 268,280,000,000 | 2023 | +1.98% | +2.93% | View data |
| 3 | 3 Japan | 102,760,000,000 | 2023 | +1.02% | +0.019% | View data |
| 4 | 4 Germany | 75,128,000,000 | 2023 | +4.07% | +1.59% | View data |
| 5 | 5 South Korea | 73,580,000,000 | 2023 | +3.83% | +3.49% | |
| 6 | 6 Taiwan | 46,570,000,000 | 2023 | +10.43% | +11.11% | View data |
| 7 | 7 Italy | 10,738,000,000 | 2023 | +1.11% | +0.54% | View data |
