The country came in number 29 in 2023, Lithuania overtook 0.55 Percent of GDP. The United States, Belgium and Japan respectively came in numbers 2, 3 and 4 in this ranking.
How does Luxembourg rank in Intramural R&D Expenditure in the Business Enterprise Sector?
| # | 40 Countries | Percent of GDP | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 South Korea | 4.1 | 2023 | +2.45% | +2.47% | View data |
| 2 | 2 United States | 2.81 | 2023 | +2.11% | +5.33% | View data |
| 3 | 3 Belgium | 2.66 | 2023 | +1.57% | +5.32% | View data |
| 4 | 4 Japan | 2.64 | 2023 | +0.3% | +0.63% | View data |
| 5 | 5 Sweden | 2.47 | 2023 | 0% | +0.95% | View data |
| 28 | 28 Russia | 0.6 | 2023 | -0.5% | +1.76% | View data |
| 29 | 29 Lithuania | 0.58 | 2023 | +3.55% | +8.3% | View data |
| 30 | 30 Luxembourg | 0.55 | 2023 | -4.16% | -2.39% | |
| 31 | 31 Slovakia | 0.53 | 2023 | +2.32% | +3.2% | View data |
| 32 | 32 Bulgaria | 0.51 | 2023 | -0.58% | -1.13% | View data |
