The country came in number 14 in 2023, Slovenia came ahead $88.97 Million PPP. South Korea, Poland and Italy respectively were numbers 2, 3 and 4 in this ranking.
How does Taiwan rank in Business Enterprise R&D Expenditure in Research and Experimental Development on Natural Sciences and Engineering?
| # | 16 Countries | Million US Dollars PPP | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 Germany | 5,890 | 2023 | +7% | +8.62% | View data |
| 2 | 2 South Korea | 3,470 | 2023 | +9.78% | +34.04% | View data |
| 3 | 3 Poland | 2,260 | 2023 | +6.88% | +6.43% | View data |
| 4 | 4 Italy | 1,710 | 2023 | +2.1% | +3.54% | View data |
| 5 | 5 Hungary | 1,180 | 2023 | +14.81% | +6.53% | View data |
| 12 | 12 Slovakia | 135.64 | 2023 | +6.43% | +17.68% | View data |
| 13 | 13 Slovenia | 120.13 | 2023 | -4.52% | -3.57% | View data |
| 14 | 14 Taiwan | 88.97 | 2023 | +5.55% | +11.82% | |
| 15 | 15 Estonia | 60.43 | 2023 | +9.3% | +18.05% | View data |
| 16 | 16 Latvia | 16.31 | 2023 | +6.05% | +6.47% | View data |