The country came in number 24 in 2023, Ireland overtook 0.83 Percent of GDP. The United States, Belgium and Japan respectively were numbers 2, 3 and 4 in this ranking.
How does Spain rank in Business Expenditure on R&D in All Businesses?
| # | 40 Countries | Percent of GDP | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 South Korea | 4.13 | 2023 | +2.84% | +2.64% | View data |
| 2 | 2 United States | 2.81 | 2023 | +2.03% | +5.31% | View data |
| 3 | 3 Belgium | 2.64 | 2023 | +1.42% | +5.22% | View data |
| 4 | 4 Japan | 2.58 | 2023 | +0.27% | +0.18% | View data |
| 5 | 5 Sweden | 2.54 | 2023 | +0.75% | +1.51% | View data |
| 23 | 23 Italy | 0.9 | 2023 | +1.46% | +0.044% | View data |
| 24 | 24 Ireland | 0.9 | 2023 | +0.11% | +1.13% | View data |
| 25 | 25 Spain | 0.83 | 2023 | +1.59% | +3.41% | |
| 26 | 26 Greece | 0.74 | 2023 | +4.2% | +4.99% | View data |
| 27 | 27 Lithuania | 0.67 | 2023 | +9.54% | +11.18% | View data |