Government Budgets for R&D and Tax Incentive Support for Business R&D in Hungary

The country ranked number 20 in 2023, Ireland came ahead 0.4 Percent of GDP. Greece, France and Belgium respectively were numbers 2, 3 and 4 in this ranking.

How does Hungary rank in Government Budgets for R&D and Tax Incentive Support for Business R&D?

# 23 Countries Percent of GDP Last Year YoY 5-years CAGR
1 1 Norway 1.33 2023 +2.16% +3.95% View data
2 2 Greece 1.06 2023 +5.61% +11.02% View data
3 3 France 1.03 2023 +0.25% +1.82% View data
4 4 Belgium 1.02 2023 +1.9% +3.95% View data
5 5 Denmark 1.02 2023 +0.21% +2.16% View data
18 18 Slovakia 0.47 2023 +0.95% +3.52% View data
19 19 Ireland 0.4 2023 -0.7% +3.04% View data
20 20 Hungary 0.4 2023 -2.39% +2.16%
21 21 Latvia 0.27 2023 +1.34% +4.45% View data
22 22 Chile 0.23 2023 +0.88% +0.097% View data

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