Canada - Business Enterprise Expenditure on R&D Performed in Aerospace
Since 2014, Canada Business Enterprise Expenditure on R&D Performed in Aerospace was down by 1.5% year on year. At $1,222.03 Million PPP in 2019, the country was ranked number 6 among other countries in Business Enterprise Expenditure on R&D Performed in Aerospace. Canada is overtaken by Italy, which was number 5 at $1,897.91 Million PPP and is followed by Japan at $855.78 Million PPP. United States topped the ranking with $27,176.6 Million PPP in 2019, that is +1% versus 2018. France, United Kingdom and Germany respectively ranked number 2, 3 and 4 in this ranking. South Korea witnessed the best average annual 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 | 1,222.03 |
| 2018 | 1,205.60 |
| 2017 | 1,134.69 |
| 2016 | 1,257.01 |
| 2015 | 1,293.26 |
How does Canada 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 | |
| 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 | |
| 7 |
#7
Japan
|
855.78 | 2019 | +9.0 % | +12.4 % | View data | |