The country came in number 21 in 2023, Finland came ahead $3,650 Million PPP. China, Japan and South Korea respectively were numbers 2, 3 and 4 in this ranking.
How does Malaysia rank in Business Enterprise Expenditure on R&D Financed by the Business Enterprise Sector?
| # | 45 Countries | Million US Dollars PPP, Constant | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 United States | 545,370 | 2023 | +6.85% | +8.1% | View data |
| 2 | 2 China | 543,520 | 2023 | +8.09% | +9.59% | View data |
| 3 | 3 Japan | 136,220 | 2023 | +1.3% | +0.2% | View data |
| 4 | 4 South Korea | 89,310 | 2023 | +4.3% | +4.54% | View data |
| 5 | 5 Germany | 78,860 | 2023 | +1.45% | -0.26% | View data |
| 19 | 19 Denmark | 5,450 | 2023 | +1.35% | +1.64% | View data |
| 20 | 20 Finland | 4,850 | 2023 | +5.71% | +5.29% | View data |
| 21 | 21 Malaysia | 3,650 | 2023 | -0.53% | +2.71% | |
| 22 | 22 Portugal | 3,630 | 2023 | +10.52% | +11.82% | View data |
| 23 | 23 Ireland | 3,320 | 2023 | +3.14% | +7.93% | View data |
