The country came in number 8 in 2022, Colombia overtook $486.24 Million PPP. Japan, South Korea and Switzerland respectively came in numbers 2, 3 and 4 in this ranking.
How does Latvia rank in Fixed Investment in Research and Development?
| # | 11 Countries | Million US Dollars PPP | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 United States | 1,001,800 | 2023 | +8.91% | +9.39% | View data |
| 2 | 2 Japan | 218,700 | 2023 | +1.94% | +3.65% | View data |
| 3 | 3 South Korea | 147,860 | 2023 | +7.97% | +8.05% | View data |
| 4 | 4 Switzerland | 49,410 | 2023 | +6.2% | +7.63% | View data |
| 5 | 5 Australia | 18,780 | 2023 | +5.98% | +6.45% | View data |
| 9 | 9 Slovakia | 2,160 | 2023 | +3.49% | +8.21% | View data |
| 10 | 10 Colombia | 1,320 | 2023 | +0.54% | -1.57% | View data |
| 11 | 11 Latvia | 620.42 | 2023 | +8.85% | +13% | |
