The country came in number 26 in 2023, Taiwan came ahead 0.23 Percent of GDP. Iceland, the United States and Sweden respectively were numbers 2, 3 and 4 in this ranking.
How does Luxembourg rank in Business Enterprise Expenditure on R&D Performed in Total Services?
| # | 29 Countries | Percent of GDP | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 Israel | 5.35 | 2023 | +6.97% | +9.96% | View data |
| 2 | 2 Iceland | 1.4 | 2023 | +1.52% | +9.44% | View data |
| 3 | 3 United States | 1.32 | 2023 | +4.57% | +9.96% | View data |
| 4 | 4 Sweden | 1.29 | 2023 | +3% | +3.58% | View data |
| 5 | 5 Belgium | 1.2 | 2023 | +3.59% | +6.06% | View data |
| 24 | 24 Italy | 0.3 | 2023 | +2.42% | +2.01% | View data |
| 25 | 25 Taiwan | 0.25 | 2023 | +2.64% | +2.13% | View data |
| 26 | 26 Luxembourg | 0.23 | 2023 | -0.3% | -1.31% | |
| 27 | 27 Romania | 0.2 | 2023 | +5.39% | +0.42% | View data |
| 28 | 28 Argentina | 0.099 | 2023 | +7.68% | +8.29% | View data |
