The country ranked number 21 in 2023, the Czech Republic overtook €2,420 Million. Japan, Germany and South Korea respectively were numbers 2, 3 and 4 in this ranking.
How does Portugal rank in Business Expenditure on R&D in All Businesses?
| # | 40 Countries | Million Euros | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 United States | 614,600 | 2023 | +7.64% | +10.25% | View data |
| 2 | 2 China (except Hong Kong) | 286,700 | 2023 | |||
| 3 | 3 Japan | 120,490 | 2023 | +1.34% | +2% | View data |
| 4 | 4 Germany | 78,920 | 2023 | +2.27% | +1.82% | View data |
| 5 | 5 South Korea | 64,810 | 2023 | +4.11% | +4.11% | View data |
| 20 | 20 Norway | 4,420 | 2023 | +2.06% | +2.51% | View data |
| 21 | 21 Czech Republic | 3,250 | 2023 | +4.54% | +5.51% | View data |
| 22 | 22 Portugal | 2,260 | 2023 | +6.25% | +11.16% | |
| 23 | 23 Hungary | 2,100 | 2023 | +4.81% | +6.24% | View data |
| 24 | 24 Greece | 1,380 | 2023 | +4.75% | +5.7% | View data |
