The country was number 6 in 2021, Belgium overtook $2,370 Million PPP. China, Japan and Germany respectively ranked numbers 2, 3 and 4 in this ranking.
How does South Korea rank in Business Enterprise R&D Expenditure in Manufacture of Basic Pharmaceutical Products and Pharmaceutical Preparations?
| # | 17 Countries | Million US Dollars PPP | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 United States | 121,620 | 2023 | +8.24% | +10.27% | View data |
| 2 | 2 China | 30,190 | 2023 | +14.5% | +17.06% | View data |
| 3 | 3 Germany | 7,920 | 2023 | +2.74% | +2.23% | View data |
| 4 | 4 South Korea | 3,300 | 2023 | +8.43% | +12.32% | |
| 5 | 5 Hungary | 1,580 | 2023 | +21.77% | +23.36% | View data |
| 6 | 6 Italy | 1,290 | 2023 | +3.38% | +7.38% | View data |