The country ranked number 28 in 2023, Hungary overtook $1,900 Million PPP. China, Japan and South Korea respectively came in numbers 2, 3 and 4 in this ranking.
How does New Zealand rank in Business Enterprise Expenditure on R&D Financed by the Business Enterprise Sector?
| # | 47 Countries | Million US Dollars PPP | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 United States | 657,410 | 2023 | +9.8% | +11.04% | View data |
| 2 | 2 China | 623,390 | 2023 | +11.26% | +12.61% | View data |
| 3 | 3 Japan | 141,380 | 2023 | +1.63% | +1.01% | View data |
| 4 | 4 South Korea | 98,990 | 2023 | +5.33% | +5.66% | View data |
| 5 | 5 Germany | 96,210 | 2023 | +2.76% | +1.65% | View data |
| 26 | 26 Czech Republic | 3,560 | 2023 | +3.35% | +2.31% | View data |
| 27 | 27 Hungary | 3,300 | 2023 | +6.12% | +6.59% | View data |
| 28 | 28 New Zealand | 1,900 | 2023 | +6.99% | +8.92% | |
| 29 | 29 Romania | 1,830 | 2023 | +5.78% | +3.88% | View data |
| 30 | 30 Greece | 1,760 | 2023 | +1.81% | +3.11% | View data |
