Business enterprise R&D expenditure in high-tech sectors by NACE Rev. in China except Hong Kong
China except Hong Kong: Business enterprise R&D expenditure in high-tech sectors by NACE Rev. was 338,410 Million euro in 2023. ◆ Volatile
Latest (2023)
338,410 Million euro
Change on year
up 0.3%
Rank
1st
of 4 regions
All-time high
338,410 Million euro
in 2023
All-time low
16,417 Million euro
in 2005
Years of data
19
2005–2023
Business enterprise R&D expenditure in high-tech sectors by NACE Rev. in China except Hong Kong, 2005–2023
Source: Eurostat. Measured in Million euro.
Analysis
The most recent figure for business enterprise r&d expenditure in high-tech sectors by nace rev. in China except Hong Kong is 338,410 Million euro, measured in 2023. That is the highest value across all 19 years on record.
Compared with earlier readings it is up 0.3% on the previous year and up 204.4% over ten years.
Over the whole period, business enterprise r&d expenditure in high-tech sectors by nace rev. in China except Hong Kong peaked at 338,410 Million euro in 2023 and was at its lowest, 16,417 Million euro, in 2005.
The series is highly variable year to year, so single readings are best treated with caution.
Business enterprise R&D expenditure in high-tech sectors by NACE Rev. in China except Hong Kong, year by year
| Year | Million euro | Change |
|---|---|---|
| 2005 | 16,417 Million euro | — |
| 2006 | 21,325 Million euro | +29.9% |
| 2007 | 25,744 Million euro | +20.7% |
| 2008 | 33,077 Million euro | +28.5% |
| 2009 | 44,592 Million euro | +34.8% |
| 2010 | 57,801 Million euro | +29.6% |
| 2011 | 73,136 Million euro | +26.5% |
| 2012 | 96,756 Million euro | +32.3% |
| 2013 | 111,161 Million euro | +14.9% |
| 2014 | 122,905 Million euro | +10.6% |
| 2015 | 156,043 Million euro | +27.0% |
| 2016 | 165,174 Million euro | +5.9% |
| 2017 | 179,057 Million euro | +8.4% |
| 2018 | 195,102 Million euro | +9.0% |
| 2019 | 218,755 Million euro | +12.1% |
| 2020 | 237,136 Million euro | +8.4% |
| 2021 | 281,902 Million euro | +18.9% |
| 2022 | 337,325 Million euro | +19.7% |
| 2023 | 338,410 Million euro | +0.3% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2000s | 28,231 Million euro | 16,417 Million euro | 44,592 Million euro | 5 |
| 2010s | 137,589 Million euro | 57,801 Million euro | 218,755 Million euro | 10 |
| 2020s | 298,693 Million euro | 237,136 Million euro | 338,410 Million euro | 4 |
Countries ranked near China except Hong Kong
- 1 United States of America 693,045 Million euro compare
- 1 United States 693,045 Million euro compare
- 3 Japan 106,059 Million euro compare
- 4 Germany 92,509 Million euro compare
More economy & growth data for China except Hong Kong
- R&D personnel and researchers in business enterprise sector by size 5.73 million Full-time equivalent (FTE) (2023)
- GERD by sector of performance and socioeconomic objectives 435,471 Million euro (2023)
- R&D personnel and researchers in business enterprise sector by NACE 5.73 million Full-time equivalent (FTE) (2023)
- Business enterprise R&D personnel in high-tech sectors by NACE Rev. 2 5.73 million Full-time equivalent (FTE) (2023)
- R&D personnel and researchers in business enterprise sector by NACE 1.40 million Full-time equivalent (FTE) (2008)
- Business enterprise R&D expenditure in high-tech sectors by NACE Rev. 33,077 Million euro (2008)
- Business enterprise R&D personnel in high-tech sectors by NACE Rev. 1.40 million Full-time equivalent (FTE) (2008)
Frequently asked questions
- What is business enterprise r&d expenditure in high-tech sectors by nace rev. in China except Hong Kong?
- Business enterprise r&d expenditure in high-tech sectors by nace rev. in China except Hong Kong was 338,410 Million euro in 2023, according to Eurostat.
- What is the highest business enterprise r&d expenditure in high-tech sectors by nace rev. recorded in China except Hong Kong?
- The highest recorded value was 338,410 Million euro in 2023.
- What is the lowest business enterprise r&d expenditure in high-tech sectors by nace rev. recorded in China except Hong Kong?
- The lowest recorded value was 16,417 Million euro in 2005.
- How does China except Hong Kong rank for business enterprise r&d expenditure in high-tech sectors by nace rev.?
- China except Hong Kong ranks 1st out of 4 regions with data for 2023.
- Is business enterprise r&d expenditure in high-tech sectors by nace rev. rising or falling in China except Hong Kong?
- Over the last ten years it is up 204.4%. The long-run trend across the full record is volatile.
- Where does this China except Hong Kong data come from?
- The figures come from Eurostat, published as part of Business enterprise R&D expenditure in high-tech sectors by NACE Rev. 2. Statizoid updates them automatically from the source API.
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