The country was number 2 in 2023, Italy overtook €9,190 Million. Belgium, Sweden and Spain respectively were numbers 2, 3 and 4 in this ranking.
How does Belgium rank in Business Expenditure on R&D in Manufacturing?
| # | 14 Countries | Million Euros | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 Italy | 12,640 | 2023 | +2.48% | +1.66% | View data |
| 2 | 2 Belgium | 9,190 | 2023 | +5.46% | +7.24% | |
| 3 | 3 Sweden | 7,610 | 2023 | +0.19% | -1.82% | View data |
| 4 | 4 Spain | 4,420 | 2021 | View data | ||
| 5 | 5 Finland | 3,770 | 2023 | +5.47% | +5.22% | View data |
