The country came in number 24 in 2022, Luxembourg overtook 51.81 Percent of Total GERD. Japan, South Korea and China respectively ranked numbers 2, 3 and 4 in this ranking.
How does New Zealand rank in Gross Domestic Expenditure on R&D Financed by the Business Enterprise Sector?
| # | 48 Countries | Percent of Total GERD | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 Taiwan | 86.63 | 2023 | +1.43% | +1.52% | View data |
| 2 | 2 China | 78.62 | 2023 | +0.41% | +0.51% | View data |
| 3 | 3 Japan | 78.07 | 2023 | +0.00024% | -0.25% | View data |
| 4 | 4 South Korea | 76.12 | 2023 | +0.002% | -0.14% | View data |
| 5 | 5 United States | 68.41 | 2023 | +0.36% | +1.31% | View data |
| 21 | 21 Austria | 51.52 | 2023 | -0.43% | -0.6% | View data |
| 22 | 22 Poland | 51.19 | 2023 | +0.2% | -0.76% | View data |
| 23 | 23 New Zealand | 51.16 | 2023 | +0.92% | +1.29% | |
| 24 | 24 Hungary | 50.51 | 2023 | -0.053% | -0.71% | View data |
| 25 | 25 Spain | 50.12 | 2023 | +0.00029% | +0.25% | View data |
