Norway - Business Enterprise Expenditure on R&D Performed in Aerospace
Since 2014, Norway Business Enterprise Expenditure on R&D Performed in Aerospace decreased by 12.5% year on year. In 2019, the country was ranked number 16 comparing other countries in Business Enterprise Expenditure on R&D Performed in Aerospace at $0.55 Million PPP. Norway is overtaken by Slovenia, which was number 15 with $1.97 Million PPP and is followed by Iceland at $0 Million PPP. United States lead the ranking with $27,176.6 Million PPP in 2019, a growth of 1% versus 2018. France, United Kingdom and Germany respectively ranked number 2, 3 and 4 in this ranking. South Korea recorded the best 5 years average growth at +38% per year, while Iceland was the worst growing country at -100% per year.
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| Date | Million US Dollars PPP |
|---|---|
| 2019 | 0.55 |
| 2018 | 0.71 |
| 2017 | 0.90 |
| 2016 | 0.97 |
| 2015 | 1.11 |
How does Norway 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 | |
| 15 |
#15
Slovenia
|
1.97 | 2019 | +2.7 % | +0.1 % | View data | |
| 16 |
#16
Norway
|
0.55 | 2019 | -21.5 % | -12.5 % | View data | |
| 17 |
#17
Iceland
|
0.00 | 2018 | NA | -100.0 % | View data | |