The country was number 2 in 2023, South Korea overtook $60,090 Million PPP. Taiwan, Russia and Canada respectively were numbers 2, 3 and 4 in this ranking.
How does Taiwan rank in Business Enterprise Expenditure on R&D in Natural Sciences and Engineering?
| # | 15 Countries | Million US Dollars PPP | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 South Korea | 103,110 | 2023 | +5.2% | +5.44% | View data |
| 2 | 2 Taiwan | 61,100 | 2023 | +12.85% | +13.37% | |
| 3 | 3 Russia | 29,460 | 2023 | +2.37% | +4.92% | View data |
| 4 | 4 Canada | 20,050 | 2023 | +2.91% | +3.03% | View data |
| 5 | 5 Poland | 15,240 | 2023 | +8.54% | +9.85% | View data |
