The country ranked number 2 in 2021, the United States overtook $19,590 Million PPP = 2015. Taiwan, South Korea and Japan respectively were numbers 2, 3 and 4 in this ranking.
How does Taiwan 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% | |
| 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 |
