The United Arab Emirates, Serbia and Malaysia respectively ranked numbers 2, 3 and 4 in this ranking.
How does Australia rank in R&D Expenditure?
| # | 21 Countries | Percent of GDP | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 Australia | 1.76 | 2023 | -0.98% | -1.03% | |
| 2 | 2 United Arab Emirates | 1.75 | 2023 | +6.58% | +6.72% | View data |
| 3 | 3 Serbia | 0.95 | 2023 | -0.017% | +0.65% | View data |
| 4 | 4 Malaysia | 0.86 | 2023 | -2.72% | -3.75% | View data |
| 5 | 5 Tunisia | 0.77 | 2023 | +1.22% | +1.54% | View data |
