The country was number 37 in 2023, Croatia overtook 47.46 Percent of Total GERD. Taiwan, Ireland and the United States respectively were numbers 2, 3 and 4 in this ranking.
How does Luxembourg rank in Business Enterprise Expenditure on R&D?
| # | 45 Countries | Percent of Total GERD | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 Israel | 92 | 2023 | +0.55% | +0.9% | View data |
| 2 | 2 Taiwan | 86.7 | 2023 | +1.41% | +1.54% | View data |
| 3 | 3 Ireland | 82.9 | 2023 | +2.73% | +2.62% | View data |
| 4 | 4 United States | 79.97 | 2023 | +1.33% | +1.54% | View data |
| 5 | 5 South Korea | 79.5 | 2023 | +0.24% | -0.2% | View data |
| 35 | 35 Cyprus | 49.12 | 2023 | +2.38% | +3.93% | View data |
| 36 | 36 Croatia | 48.59 | 2023 | +0.59% | +0.23% | View data |
| 37 | 37 Luxembourg | 47.46 | 2023 | -3.15% | -2.27% | |
| 38 | 38 Kazakhstan | 45.66 | 2023 | +1.22% | +1.25% | View data |
| 39 | 39 Argentina | 40 | 2023 | +1.19% | +5.02% | View data |
