Germany - Business Enterprise Expenditure on R&D Performed in Aerospace
Since 2014, Germany Business Enterprise Expenditure on R&D Performed in Aerospace fell by 2.9% year on year. At $2,018.6 Million PPP in 2019, the country was ranked number 4 comparing other countries in Business Enterprise Expenditure on R&D Performed in Aerospace. Germany is overtaken by United Kingdom, which was ranked number 3 at $2,502.97 Million PPP and is followed by Italy at $1,897.91 Million PPP. United States ranked the highest with $27,176.6 Million PPP in 2019, that is a growth of 1% versus 2018. South Korea witnessed the best average annual growth at +38% per year, while Iceland witnessed the worst performance at -100% per year.
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| Date | Million US Dollars PPP |
|---|---|
| 2019 | 2,018.60 |
| 2018 | 2,052.92 |
| 2017 | 2,013.74 |
| 2016 | 2,300.43 |
| 2015 | 2,194.33 |
Download all data from 1991 to 2019
How does Germany rank in Business Enterprise Expenditure on R&D Performed in Aerospace?
| # | 17 Countries | Million US Dollars PPP | Last | YoY | 5‑years CAGR | |
|---|---|---|---|---|---|---|
| 1 |
#1
United States
|
27,176.60 | 2019 | +0.9 % | +0.8 % | View data |
| 2 |
#2
France
|
3,578.65 | 2019 | +0.6 % | -2.0 % | View data |
| 3 |
#3
United Kingdom
|
2,502.97 | 2019 | +2.3 % | +3.2 % | View data |
| 4 |
#4
Germany
|
2,018.60 | 2019 | -1.7 % | -2.9 % | View data |
| 5 |
#5
Italy
|
1,897.91 | 2019 | +3.7 % | +12.6 % | View data |