Italy - Business Enterprise Expenditure on R&D Performed in Aerospace
Since 2014, Italy Business Enterprise Expenditure on R&D Performed in Aerospace was up 12.6% year on year. At $1,897.91 Million PPP in 2019, the country was ranked number 5 among other countries in Business Enterprise Expenditure on R&D Performed in Aerospace. Italy is overtaken by Germany, which was ranked number 4 with $2,018.6 Million PPP and is followed by Canada at $1,222.03 Million PPP. United States lead the ranking with $27,176.6 Million PPP in 2019, an increase of 1% versus 2018. South Korea recorded the best 5 years average 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 | 1,897.91 |
| 2018 | 1,830.57 |
| 2017 | 1,846.62 |
| 2016 | 1,727.05 |
| 2015 | 991.34 |
Download all data from 1991 to 2019
How does Italy 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 | |
| 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 | |
| 6 |
#6
Canada
|
1,222.03 | 2019 | +1.4 % | -1.5 % | View data | |