The country was number 22 in 2023, Slovakia overtook 0.08 Percent of GDP. Japan, Taiwan and Belgium respectively came in numbers 2, 3 and 4 in this ranking.
How does Luxembourg rank in R&D Capital Costs?
| # | 28 Countries | Percent of GDP | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 South Korea | 0.44 | 2023 | -0.12% | +1.87% | View data |
| 2 | 2 Japan | 0.36 | 2023 | -0.18% | +1.3% | View data |
| 3 | 3 Taiwan | 0.35 | 2023 | +0.65% | +1.22% | View data |
| 4 | 4 Belgium | 0.34 | 2023 | +2.89% | +4.6% | View data |
| 5 | 5 Germany | 0.28 | 2023 | +0.71% | +1.03% | View data |
| 20 | 20 Singapore | 0.094 | 2023 | -14.39% | -8.12% | View data |
| 21 | 21 Slovakia | 0.089 | 2023 | -0.019% | +8.12% | View data |
| 22 | 22 Luxembourg | 0.082 | 2023 | -9.35% | -8.89% | |
| 23 | 23 Russia | 0.07 | 2023 | +0.48% | +1.41% | View data |
| 24 | 24 Spain | 0.057 | 2023 | -8.2% | -6.67% | View data |
