The country was number 7 in 2021, Italy came ahead 0.02 Percent of GDP. Portugal, Finland and Sweden respectively ranked numbers 2, 3 and 4 in this ranking.
How does Hungary rank in Business Expenditure on R&D in Financial Services and Insurance?
| # | 13 Countries | Percent of GDP | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 Belgium | 0.12 | 2023 | +6.25% | +9.97% | View data |
| 2 | 2 Portugal | 0.06 | 2023 | 0% | +6.89% | View data |
| 3 | 3 Finland | 0.041 | 2023 | +2.5% | -1.84% | View data |
| 4 | 4 Sweden | 0.027 | 2023 | -6.9% | -7.09% | View data |
| 5 | 5 Poland | 0.026 | 2023 | 0% | -3.46% | View data |
| 6 | 6 Italy | 0.02 | 2023 | +5.26% | +3.3% | View data |
| 7 | 7 Hungary | 0.018 | 2021 | |||
| 8 | 8 Bosnia and Herzegovina | 0.018 | 2021 | View data | ||
| 9 | 9 Czech Republic | 0.016 | 2023 | 0% | +4.24% | View data |