Business enterprise R&D expenditure in high-tech sectors by NACE Rev. in United States of America
United States of America: Business enterprise R&D expenditure in high-tech sectors by NACE Rev. was 693,045 Million euro in 2023. ▲ Rising
Latest (2023)
693,045 Million euro
Change on year
up 2.6%
World rank
1st
of 52 countries
All-time high
693,045 Million euro
in 2023
All-time low
181,785 Million euro
in 2005
Years of data
19
2005–2023
Business enterprise R&D expenditure in high-tech sectors by NACE Rev. in United States of America, 2005–2023
Source: Eurostat. Measured in Million euro.
Analysis
United States of America recorded 693,045 Million euro for business enterprise r&d expenditure in high-tech sectors by nace rev. in 2023. That is the highest value across all 19 years on record.
Compared with earlier readings it is up 2.6% on the previous year and up 185.4% over ten years.
Over the whole period, business enterprise r&d expenditure in high-tech sectors by nace rev. in United States of America peaked at 693,045 Million euro in 2023 and was at its lowest, 181,785 Million euro, in 2005.
United States of America ranks 1st of 52 countries on this measure, in the top 10%.
The long-run direction has been consistently rising across the 19 years of available data.
Business enterprise R&D expenditure in high-tech sectors by NACE Rev. in United States of America, year by year
| Year | Million euro | Change |
|---|---|---|
| 2005 | 181,785 Million euro | — |
| 2006 | 197,252 Million euro | +8.5% |
| 2007 | 196,474 Million euro | -0.4% |
| 2008 | 197,634 Million euro | +0.6% |
| 2009 | 202,461 Million euro | +2.4% |
| 2010 | 210,438 Million euro | +3.9% |
| 2011 | 211,273 Million euro | +0.4% |
| 2012 | 235,251 Million euro | +11.3% |
| 2013 | 242,849 Million euro | +3.2% |
| 2014 | 256,476 Million euro | +5.6% |
| 2015 | 331,061 Million euro | +29.1% |
| 2016 | 352,639 Million euro | +6.5% |
| 2017 | 368,771 Million euro | +4.6% |
| 2018 | 387,689 Million euro | +5.1% |
| 2019 | 454,149 Million euro | +17.1% |
| 2020 | 485,678 Million euro | +6.9% |
| 2021 | 541,379 Million euro | +11.5% |
| 2022 | 675,255 Million euro | +24.7% |
| 2023 | 693,045 Million euro | +2.6% |
United States of America compared with similar countries
- United States of America's 693,045 Million euro is above the median for high income countries, which is 6,039 Million euro, 114.8× the median. (35 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2000s | 195,121 Million euro | 181,785 Million euro | 202,461 Million euro | 5 |
| 2010s | 305,060 Million euro | 210,438 Million euro | 454,149 Million euro | 10 |
| 2020s | 598,839 Million euro | 485,678 Million euro | 693,045 Million euro | 4 |
Countries ranked near United States of America
More economy & growth data for United States of America
- Africa's Development Dynamics (AfDD) Table 04 - Annual real GDP 1.63 Percent per annum (2029)
- Africa's Development Dynamics (AfDD) Table 02 - Annual real GDP 2.12 Percent per annum (2029)
- Foreign direct investment, net outflows (BoP, current US$), gaps 422.23 billion BoP, current US$ (2025)
- Foreign direct investment, net outflows (BoP, current US$), per unit 0.0137 BoP, current US$ per US$ of GDP (2025)
- Foreign direct investment, net outflows (BoP, current US$), per capita 1,235 BoP, current US$ per person (2025)
- Foreign direct investment, net inflows (BoP, current US$), gaps filled 400.52 billion BoP, current US$ (2025)
- Foreign direct investment, net inflows (BoP, current US$), annual 34.83 % change on previous year (2025)
- Foreign direct investment, net inflows (BoP, current US$), per unit 0.013 BoP, current US$ per US$ of GDP (2025)
- Foreign direct investment, net inflows (BoP, current US$), per capita 1,172 BoP, current US$ per person (2025)
- Total reserves (includes gold, current US$), annual growth rate 52.24 % change on previous year (2025)
Frequently asked questions
- What is business enterprise r&d expenditure in high-tech sectors by nace rev. in United States of America?
- Business enterprise r&d expenditure in high-tech sectors by nace rev. in United States of America was 693,045 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 United States of America?
- The highest recorded value was 693,045 Million euro in 2023.
- What is the lowest business enterprise r&d expenditure in high-tech sectors by nace rev. recorded in United States of America?
- The lowest recorded value was 181,785 Million euro in 2005.
- How does United States of America rank for business enterprise r&d expenditure in high-tech sectors by nace rev.?
- United States of America ranks 1st out of 52 countries with data for 2023.
- Is business enterprise r&d expenditure in high-tech sectors by nace rev. rising or falling in United States of America?
- Over the last ten years it is up 185.4%. The long-run trend across the full record is rising.
- Where does this United States of America 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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