The country was number 18 in 2022, Denmark came ahead 0.02 Percent of GDP. Germany, Belgium and Canada respectively came in numbers 2, 3 and 4 in this ranking.
How does Italy rank in Higher Education Expenditure on R&D Financed by the Business Enterprise Sector?
| # | 43 Countries | Percent of GDP | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 Germany | 0.077 | 2023 | +1.17% | +0.89% | View data |
| 2 | 2 South Korea | 0.067 | 2023 | +3.67% | +4.75% | View data |
| 3 | 3 China | 0.065 | 2023 | +2.46% | +9.16% | View data |
| 4 | 4 Belgium | 0.063 | 2023 | +0.5% | +1.58% | View data |
| 5 | 5 United Kingdom | 0.063 | 2023 | +1.82% | +1.1% | View data |
| 13 | 13 Denmark | 0.027 | 2023 | +1.85% | +0.75% | View data |
| 14 | 14 Israel | 0.027 | 2023 | -1.34% | -4.38% | View data |
| 15 | 15 Italy | 0.024 | 2023 | +1.43% | +4.37% | |
| 16 | 16 Finland | 0.022 | 2023 | -0.93% | +1.77% | View data |
| 17 | 17 Lithuania | 0.022 | 2023 | -0.57% | +0.48% | View data |