The country was number 19 in 2023, Slovakia overtook $1.97 Million PPP = 2015. Taiwan, South Korea and Japan respectively came in numbers 2, 3 and 4 in this ranking.
How does Latvia rank in Business Enterprise R&D Expenditure in Manufacture of Electronic Components and Boards?
| # | 20 Countries | Million US Dollars PPP = 2015 | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 United States | 45,620 | 2023 | +1.85% | +9.14% | View data |
| 2 | 2 Taiwan | 33,620 | 2023 | +14.48% | +15.42% | View data |
| 3 | 3 South Korea | 14,360 | 2023 | +5.55% | +7.44% | View data |
| 4 | 4 Japan | 12,880 | 2023 | +9.3% | +9.24% | View data |
| 5 | 5 Germany | 2,210 | 2023 | +1.21% | +1.28% | View data |
| 17 | 17 Romania | 4.13 | 2023 | +7.43% | +20.54% | View data |
| 18 | 18 Slovakia | 2.59 | 2021 | +12.98% | +4.15% | View data |
| 19 | 19 Latvia | 1.97 | 2023 | +2.45% | ||
| 20 | 20 Estonia | 1.55 | 2021 | View data | ||