The country came in number 13 in 2023, Portugal overtook 0.2 Percent of GDP. The United States, Sweden and Iceland respectively were numbers 2, 3 and 4 in this ranking.
How does Australia rank in Business Enterprise Expenditure on R&D Performed in Information and Communication Services?
| # | 26 Countries | Percent of GDP | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 Israel | 2.89 | 2023 | +2.54% | +10.53% | View data |
| 2 | 2 United States | 0.95 | 2023 | +9.33% | +11.45% | View data |
| 3 | 3 Sweden | 0.73 | 2023 | +5.03% | +6.57% | View data |
| 4 | 4 Iceland | 0.5 | 2023 | +4.3% | +7.93% | View data |
| 5 | 5 Canada | 0.39 | 2023 | +2.42% | +5.32% | View data |
| 11 | 11 Ireland | 0.27 | 2023 | -0.4% | +1.48% | View data |
| 12 | 12 Portugal | 0.27 | 2023 | +8.18% | +12.98% | View data |
| 13 | 13 Australia | 0.2 | 2023 | +2.02% | +2.27% | |
| 14 | 14 United Kingdom | 0.19 | 2023 | +1.44% | +1.37% | View data |
| 15 | 15 Hungary | 0.19 | 2023 | +6.64% | +9.47% | View data |
