The country came in number 21 in 2023, Iceland came ahead $94.97 Million PPP. The United Kingdom, Israel and Germany respectively came in numbers 2, 3 and 4 in this ranking.
How does Latvia rank in Business Enterprise R&D Expenditure in Information and Communication?
| # | 24 Countries | Million US Dollars PPP | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 United States | 224,750 | 2023 | +12.06% | +15.3% | View data |
| 2 | 2 United Kingdom | 17,770 | 2021 | +12.06% | View data | |
| 3 | 3 Israel | 12,210 | 2023 | +6.52% | +14.21% | View data |
| 4 | 4 Germany | 8,930 | 2023 | +10.14% | +12.88% | View data |
| 5 | 5 Canada | 7,520 | 2023 | +5.35% | +6.45% | View data |
| 19 | 19 Lithuania | 146.42 | 2023 | +6.61% | +22.24% | View data |
| 20 | 20 Iceland | 101.15 | 2023 | +6.16% | +7.88% | View data |
| 21 | 21 Latvia | 94.97 | 2023 | +21.47% | +44.44% | |
| 22 | 22 Slovenia | 93.4 | 2023 | +2.8% | +6.25% | View data |
| 23 | 23 Mexico | 58.46 | 2023 | -10.03% | -7.87% | View data |