The country came in number 5 in 2023, South Korea came ahead $588.82 Million PPP = 2015. Germany, Japan and South Korea respectively were numbers 2, 3 and 4 in this ranking.
How does Israel rank in Business Enterprise R&D Expenditure in Manufacture of Instruments and Appliances for Measuring, Testing and Navigation; Watches and Clocks?
| # | 19 Countries | Million US Dollars PPP = 2015 | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 United States | 12,880 | 2023 | +0.76% | +0.08% | View data |
| 2 | 2 Germany | 4,860 | 2023 | +2.55% | +3.25% | View data |
| 3 | 3 Japan | 2,120 | 2023 | +0.58% | -2.68% | View data |
| 4 | 4 South Korea | 1,300 | 2023 | +4.59% | +8.95% | View data |
| 5 | 5 Israel | 588.77 | 2023 | +0.29% | -0.47% | |
| 6 | 6 Taiwan | 459.92 | 2023 | +3.89% | +4.99% | View data |
| 7 | 7 Canada | 377.59 | 2023 | +0.57% | +1.97% | View data |
